Secondary Loans Closer

Posted 08 November 2023
Salary £250 - £400 per day + Hybrid
LocationCity of London
Job type Contract
Discipline Banking Operations
Contact NamePaul Butterfill

Job description

Our client, a leading service provider to the loan agency market who offer excellent benefits and Hybrid working, currently seek a Secondary Loans Closer on a Temp to Perm Basis

Duties & Responsibilities as a Secondary Loans Closer

  • Manage a portfolio of deals for the settlement of primary and secondary transfers
  • Be responsible for the integrity of data including but not limited to; Transfer inputting, Lender Set Ups and Remittance information - MT103 + MT202
  • Respond to client queries and requests in a timely manner with accuracy
  • Monitor from following the daily ClearPar report the ageing of trades and looking to settle as soon as possible.
  • Provide metrics to Team and Product Leads on outstanding trades and reasoning.
  • Demonstrate an in-depth knowledge of corporate policies and procedures related to the administrative role.
  • Provide and maintain appropriate levels of controls to minimize losses.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Maintain internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Education and Experience Required

  • Secondary Loan Closing/ Secondary Settlements experience is essential
  • Experience in using Clearpar settlement system
  • Experienced in Debtdomain
  • Experience in Swift payment processing MT103 + MT202