Loan Administrator

Loan Administrator

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage loan admin tasks like rollovers and drawdowns while liaising with clients.
  • Company: Join a prestigious European Bank known for its excellence in financial services.
  • Benefits: Enjoy a hybrid work model with 3 days in the office and 2 days remote.
  • Why this job: Be part of a dynamic team in a reputable bank, enhancing your skills in a fast-paced environment.
  • Qualifications: Strong loans admin experience in banking, excellent communication skills, and teamwork ability required.
  • Other info: This role offers a chance to grow in a supportive and collaborative culture.

The predicted salary is between 36000 - 60000 £ per year.

A prestigious European Bank is seeking a dynamic new addition to join its Loans department.

Your duties will include:

  • All aspects of loans admin processing - rollovers, rate fixing, drawdowns etc for syndicated and agency loans
  • Liaising with customers, sub participants, agent banks etc with queries
  • Monitoring limits

Your experience must include:

  • Strong proven loans admin skills gained within banking
  • Good understanding of loan documentation
  • Excellent communication skills both written and oral
  • Ability to work well under pressure and as a team player

Please note this role will be working hybrid - 3 days a week in the office and 2 days remotely.

Loan Administrator employer: Prime Personnel

As a prestigious European Bank, we pride ourselves on being an excellent employer that fosters a collaborative and inclusive work culture. Our Loan Administrators benefit from a hybrid working model, allowing for flexibility while enjoying comprehensive training and development opportunities to enhance their careers. With a commitment to employee well-being and a supportive environment, we ensure that our team members thrive both personally and professionally in a dynamic financial landscape.
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Contact Detail:

Prime Personnel Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Administrator

✨Tip Number 1

Familiarise yourself with the specific loan products and services offered by the bank. Understanding their unique offerings will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of the bank, especially those in the Loans department. They can provide valuable insights into the company culture and expectations, which can give you an edge in your application process.

✨Tip Number 3

Brush up on your knowledge of loan documentation and processing procedures. Being able to discuss these topics confidently will showcase your expertise and readiness for the role, making you a more attractive candidate.

✨Tip Number 4

Prepare for potential situational questions that assess your ability to work under pressure and as part of a team. Think of examples from your past experiences that highlight your problem-solving skills and teamwork capabilities.

We think you need these skills to ace Loan Administrator

Loans Administration
Understanding of Loan Documentation
Customer Liaison Skills
Strong Communication Skills
Teamwork
Ability to Work Under Pressure
Attention to Detail
Time Management
Problem-Solving Skills
Knowledge of Syndicated Loans
Rate Fixing Expertise
Monitoring Limits
Organisational Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your loans administration experience specifically. Include relevant skills such as loan documentation knowledge and communication abilities, as these are crucial for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the banking sector and your enthusiasm for the Loan Administrator position. Mention specific experiences that demonstrate your ability to handle loan processing and liaise with various stakeholders.

Highlight Teamwork and Pressure Management: In your application, emphasise your ability to work under pressure and as part of a team. Provide examples from your previous roles where you successfully managed tight deadlines or collaborated effectively with colleagues.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as clear communication is key in this role. A polished application reflects your attention to detail.

How to prepare for a job interview at Prime Personnel

✨Showcase Your Loan Administration Skills

Be prepared to discuss your previous experience in loans administration. Highlight specific tasks you've handled, such as rollovers and rate fixing, and how you managed them effectively.

✨Understand Loan Documentation

Brush up on the key aspects of loan documentation before the interview. Being able to explain complex terms clearly will demonstrate your expertise and understanding of the role.

✨Demonstrate Communication Skills

Since excellent communication is crucial for this role, practice articulating your thoughts clearly. Consider preparing examples of how you've successfully liaised with customers or banks in the past.

✨Prepare for Teamwork Scenarios

Think of instances where you've worked under pressure as part of a team. Be ready to share these experiences, as they will show your ability to collaborate effectively in a fast-paced environment.

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