At a Glance
- Tasks: Manage loan files, ensure compliance, and oversee the redemption process.
- Company: Join a dynamic finance team in London specializing in bridging and buy-to-let loans.
- Benefits: Enjoy a competitive salary of £55,000 and opportunities for professional growth.
- Why this job: Be part of a fast-paced environment where your attention to detail makes a real impact.
- Qualifications: Experience in finance or compliance is preferred; strong organizational skills are a must.
- Other info: Ideal for those looking to advance their career in the finance sector.
The predicted salary is between 44000 - 66000 £ per year.
Loan Manager Bridging and Buy to Let Finance London £55,000 pa Overview of the role: Ensure all files are compliant and are satisfied with the file on receipt of COT Ensure all reports are kept up to date and any outstanding actions are completed Manage and control the redemption process including default clients Support on maintaining internal investors Deliver completion statements and fund agreements Key responsibilities: Audit new loan files Check and approve legal documents sent from solicitors Check land registry titles provided for prior restrictions and charges Ensure Loans are Eligible and fits eligibility criteria Using compliance checking tools such as Experian, GBG, SmartSearch and Lexus Diligence for KYC processes to ensure MFS customer is suitable to be given a loan Managing cases after they have been passed from underwriting and ensure that we have all required documentation prior to funds being released Discussing cases and Audit reports with Underwriters to ensure they are aware of the points reported on the Audit and satisfied prior to loan completion Internal compliance list. Complete deal sheet. Check and prepare COT Advise Solicitors of monies transferred for drawdown.
Loan Manager employer: KFS Recruitment
Contact Detail:
KFS Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Manager
✨Tip Number 1
Familiarize yourself with compliance checking tools like Experian and SmartSearch. Understanding how these tools work will not only help you in your role but also show us that you're proactive and knowledgeable about the industry.
✨Tip Number 2
Brush up on your knowledge of legal documents related to loans. Being able to discuss and understand these documents will set you apart during discussions with our team and demonstrate your readiness for the role.
✨Tip Number 3
Network with professionals in the bridging and buy-to-let finance sector. Engaging with others in the field can provide insights and connections that may be beneficial when applying for the Loan Manager position.
✨Tip Number 4
Prepare to discuss your experience with managing loan files and redemption processes. We value candidates who can articulate their past experiences and how they relate to the responsibilities outlined in the job description.
We think you need these skills to ace Loan Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Loan Manager position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with compliance checking, managing loan files, and working with legal documents. Use specific examples that demonstrate your expertise in these areas.
Showcase Your Skills: Mention any relevant tools or software you are familiar with, such as Experian or SmartSearch, and how you have used them in previous roles. This will show that you are well-prepared for the technical aspects of the job.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in the finance industry.
How to prepare for a job interview at KFS Recruitment
✨Understand Compliance Requirements
Make sure you have a solid grasp of compliance regulations related to loan management. Be prepared to discuss how you ensure files are compliant and how you handle any discrepancies.
✨Familiarize Yourself with KYC Tools
Since the role involves using compliance checking tools like Experian and SmartSearch, it’s crucial to be familiar with these systems. Highlight any experience you have with KYC processes during the interview.
✨Showcase Your Attention to Detail
The job requires auditing new loan files and checking legal documents. Prepare examples from your past work that demonstrate your attention to detail and ability to manage complex documentation.
✨Prepare for Case Management Discussions
Be ready to discuss how you manage cases post-underwriting. Think of specific instances where you ensured all required documentation was in place before fund release, and be prepared to share those experiences.