Loan Operations Associate

Loan Operations Associate

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

  • Tasks: Join our Loans Operations team to process loan facilities from start to finish.
  • Company: We're a leading financial services firm experiencing rapid growth and innovation.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional development.
  • Why this job: Be part of a collaborative team that values accuracy and efficiency in financial operations.
  • Qualifications: Experience in loan servicing and trade processing is essential; familiarity with WSO/Markit is a plus.
  • Other info: This role requires in-office presence 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.

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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 them. Even if you haven't used these systems before, showing that you're willing to learn 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

Loan Servicing Experience
Trade Processing Knowledge
Attention to Detail
Operational Risk Management
Reconciliation Skills
Problem-Solving Skills
Time Management
Communication Skills
Collaboration Skills
WSO/Markit Systems Familiarity
CLO Lifecycle Understanding
Data Entry Accuracy
Process Improvement
Adaptability

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 Compelling 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 grasp of the responsibilities associated with the position.

✨Prepare for Problem-Solving Questions

Expect questions related to resolving discrepancies and managing reconciliation breaks. Think of scenarios where you've successfully identified and addressed issues in the past, as this will illustrate your problem-solving skills.

✨Emphasise Collaboration Skills

Since collaboration is key in this role, be ready to discuss how you've worked effectively with internal teams in previous positions. Share examples that highlight your ability to maintain trade flow connectivity and support team objectives.

Loan Operations Associate
Attribution Search
Location: Slough
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