At a Glance
- Tasks: Join our Loans Operations team to manage loan facilities from start to finish.
- Company: Be part of a rapidly growing financial services firm with a dynamic work environment.
- Benefits: Enjoy a collaborative culture and the chance to enhance your skills in finance.
- Why this job: This role offers hands-on experience in loan servicing and trade processing.
- Qualifications: Experience in loan servicing is essential; familiarity with WSO/Markit systems is a bonus.
- Other info: This position requires you to be in the office five days a week.
The predicted salary is between 36000 - 60000 £ per year.
We are partnering with a leading financial services firm who have experienced significant growth over the past five years to find a highly motivated and detail-oriented professional to join their dynamic Loans Operations team. This is an excellent opportunity to support their investment teams by processing loan facilities throughout the entire lifecycle, from settlement to final closure.
In this role, you will be responsible for capturing and processing critical lifecycle events, including rollovers, paydowns, drawdowns, and interest payments, ensuring accuracy and timely execution. You will also manage loan trade settlements, ensuring that all activities are completed within established timelines. A key part of your responsibilities will involve investigating and resolving discrepancies between agent notices and internal records, as well as proactively addressing reconciliation breaks related to custody and agent cash postings.
You will operate within the company’s established operational risk framework, identifying potential enhancements or new controls to streamline processes and improve efficiency. Collaboration is key in this role as you will be working closely with internal teams to maintain trade flow connectivity for STP.
To succeed in this role, you must have proven experience in loan servicing, with a strong understanding of trade processing and lifecycle events. Experience with WSO/Markit systems is a plus, and a solid understanding of the CLO lifecycle would be highly beneficial, though not essential.
Please note the role requires the individual to be in the office five days per week.
Loan Operations Associate employer: Attribution Search
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Operations Associate
✨Tip Number 1
Familiarise yourself with the loan lifecycle and key events such as rollovers, paydowns, and drawdowns. Understanding these processes will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the financial services industry, especially those who work in loan operations. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your knowledge of WSO/Markit systems if you have access to training resources. Even if you haven't used them before, showing that you're proactive about learning can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you've handled discrepancies or reconciliation issues in past roles. Providing specific examples will showcase your problem-solving skills and attention to detail, which are crucial for this position.
We think you need these skills to ace Loan Operations Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in loan servicing and trade processing. Use specific examples that demonstrate your understanding of lifecycle events and any experience with WSO/Markit systems.
Craft a Strong Cover Letter: Write a cover letter that showcases your motivation for the role and your attention to detail. Mention how your skills align with the responsibilities outlined in the job description, particularly around managing loan trade settlements and resolving discrepancies.
Highlight Collaboration Skills: Since collaboration is key in this role, emphasise any previous experiences where you worked closely with teams to achieve common goals. This could include examples of how you maintained trade flow connectivity or improved processes.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in the financial services industry.
How to prepare for a job interview at Attribution Search
✨Showcase Your Loan Servicing Experience
Make sure to highlight your previous experience in loan servicing during the interview. Be prepared to discuss specific examples of how you've managed loan facilities and processed lifecycle events, as this will demonstrate your suitability for the role.
✨Understand Trade Processing
Familiarise yourself with trade processing and lifecycle events before the interview. Being able to speak confidently about these topics will show that you have a solid understanding of the responsibilities associated with the position.
✨Prepare for Problem-Solving Questions
Expect questions related to resolving discrepancies and managing reconciliation breaks. Prepare examples from your past experiences where you successfully identified and addressed issues, as this will showcase your analytical skills and attention to detail.
✨Emphasise Collaboration Skills
Since collaboration is key in this role, be ready to discuss how you've worked effectively with internal teams in the past. Highlight any experiences where you maintained trade flow connectivity or improved processes through teamwork.