At a Glance
- Tasks: Manage loan syndication and distribution, ensuring smooth operations and communication.
- Company: Join a leading London-based bank offering hybrid work and a dynamic environment.
- Benefits: Enjoy flexible working options and competitive pay based on your skills.
- Why this job: Be part of a crucial role in finance, impacting clients and lenders while developing your career.
- Qualifications: Experience in loan syndication and strong documentation skills are essential.
- Other info: Ideal for those with a passion for finance and a knack for problem-solving.
The predicted salary is between 43200 - 72000 £ per year.
KennedyPearce Consulting provided pay range This range is provided by KennedyPearce Consulting. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range London-based Bank who offers Hybrid working currently seeks a Loan Agent Officer with a proven background in Loan syndication and distribution. As the Loan Agent Officer, you will administer and assist with the day-to-day co-ordination and administration of lending in relation to loan facility and security agent role, mainly for customers and lenders of syndicated loans. JOB FUNCTION Contribute to loan distribution, loan portfolio management, risk management, and other planning and administrative matters related to the origination to distribution business, to enable the department to exercise effective administration and support to credit front, and control and reporting of the branch’s business activities. KEY RESPONSIBILITIES Responsible for smoothly operating the loan facility agent and security agent role within the department, executing its operations through close communication with both front offices and back offices. The role includes, but is not limited to, provision of notice to lenders, correspondence with banks and financial institutions as well as borrowers, handling administrative tasks, asking the borrower to provide necessary information and circulating them to lenders, responding to questions from the borrowers or lenders, calculating drawdown amounts to correspond to the lenders, coordinating lender votes for waiver or amendment requests, documentation, and discussing with external legal to draft amendment agreements during the loan period. Facilitate loan documents and other relevant documents from front offices and borrowers, and share them with potential and existing lenders using email, software, and others. Liaise and coordinate responses to queries between borrowers and lenders, and administer loan operations defined in the loan agreement. Report and record swiftly and properly the situation and progress to the Head of Department, and consult with the Head of Department about what to do next in a proper manner. Assist distribution activities by being involved in documentation, KYC process, deal closing. Assist with the design, testing, and implementation of frameworks and systems for loan agent, performance monitoring, and business planning in relation to origination to distribution business and loan agent operations. QUALIFICATIONS AND EXPERIENCE Loan syndication and distribution administration experience is essential. Excellent Loan Documentation and Loan facility/agreement experience is essential. A strong aptitude for statistics, coupled with at least two years’ experience in the financial sector. Good PC skills, particularly with MS-PowerPoint and MS-Excel. Seniority level Associate Employment type Full-time Job function Other Industries Banking and Financial Services #J-18808-Ljbffr
Contact Detail:
KennedyPearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Agency Officer
✨Tip Number 1
Network with professionals in the banking and financial services sector. Attend industry events or webinars where you can meet Loan Agency Officers or similar roles. Building connections can provide insights into the job market and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in loan syndication and distribution. Stay updated on regulatory changes and market dynamics that could impact the role. This knowledge will help you engage in meaningful conversations during interviews.
✨Tip Number 3
Practice your communication skills, as this role requires liaising between borrowers and lenders. Consider role-playing scenarios with a friend or mentor to enhance your ability to handle queries and provide clear information.
✨Tip Number 4
Demonstrate your proficiency in MS-PowerPoint and MS-Excel by preparing a presentation or analysis related to loan management. This practical demonstration of your skills can set you apart from other candidates during the interview process.
We think you need these skills to ace Loan Agency Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in loan syndication and distribution. Use specific examples to demonstrate your skills in loan documentation and administration, as these are essential for the Loan Agency Officer role.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your relevant experience and why you are a good fit for the position. Mention your familiarity with loan facilities and your ability to liaise effectively with both borrowers and lenders.
Highlight Relevant Skills: In your application, emphasise your strong aptitude for statistics and proficiency in MS-PowerPoint and MS-Excel. These skills are crucial for the role and should be clearly stated in your documents.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is vital in the financial sector.
How to prepare for a job interview at KennedyPearce Consulting
✨Know Your Loan Syndication Basics
Make sure you brush up on your knowledge of loan syndication and distribution. Be prepared to discuss your previous experiences in this area, as well as any specific challenges you've faced and how you overcame them.
✨Demonstrate Strong Communication Skills
As a Loan Agency Officer, you'll need to liaise with various stakeholders. Practice articulating your thoughts clearly and concisely, and be ready to provide examples of how you've effectively communicated with borrowers and lenders in the past.
✨Showcase Your Analytical Skills
Given the importance of statistics in this role, be prepared to discuss how you've used analytical skills in your previous positions. You might want to bring examples of reports or analyses you've conducted that demonstrate your ability to manage loan portfolios.
✨Familiarise Yourself with Relevant Software
Since good PC skills are essential, especially with MS-PowerPoint and MS-Excel, make sure you're comfortable using these tools. Consider preparing a small presentation or analysis to showcase your proficiency during the interview.