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: Work with a leading financial services firm experiencing rapid growth.
  • Benefits: Enjoy a dynamic work environment and the chance to develop your skills.
  • Why this job: Be part of a collaborative team that values efficiency and accuracy in finance.
  • Qualifications: Experience in loan servicing and trade processing is essential; familiarity with WSO/Markit is a bonus.
  • Other info: This role 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

As a leading financial services firm, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. Located in a vibrant area, we offer competitive benefits, including professional development opportunities and a commitment to employee well-being, making us an excellent employer for those seeking meaningful and rewarding careers in loan operations.
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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, especially key events like rollovers and paydowns. Understanding these processes will help you speak confidently about your experience during interviews.

✨Tip Number 2

Network with professionals in the financial services industry, particularly those involved in loan operations. Attend relevant events or join online forums to gain insights and potentially get 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 them before, showing a willingness to learn can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss how you've handled discrepancies in past roles. Being able to provide specific examples of problem-solving in loan servicing will demonstrate your attention to detail and operational risk awareness.

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 how your skills align with the company's needs. Mention your attention to detail and ability to resolve discrepancies, as these are key aspects of the job.

Highlight Collaboration Skills: Since collaboration is essential in this role, include examples in your application that demonstrate your ability to work effectively with internal teams. This could be through past projects or experiences where teamwork was crucial.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as accuracy is vital 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 Technical Questions

Since experience with WSO/Markit systems is a plus, be ready to answer technical questions related to these systems. If you have experience with them, share specific instances where you used these tools to enhance efficiency or resolve issues.

✨Emphasise Collaboration Skills

Collaboration is key in this role, so be prepared to discuss how you've worked effectively with internal teams in the past. Share examples of how you maintained trade flow connectivity and resolved discrepancies, as this will illustrate your ability to work well within a team.

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