Loan Operations Associate

Loan Operations Associate

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

  • Tasks: Join our Loans Operations team to manage loan facilities from start to finish.
  • Company: We're a leading financial services firm experiencing rapid growth and innovation.
  • Benefits: Enjoy flexible working options and a vibrant company culture with great perks.
  • Why this job: Be part of a dynamic team, enhance your skills, and make a real impact in finance.
  • Qualifications: Experience in loan servicing and trade processing is essential for this role.
  • Other info: Collaboration and problem-solving are key to success in this fast-paced environment.

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.

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Contact Detail:

Click To Hired 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 processes involved in loan operations. Understanding terms like rollovers, paydowns, and drawdowns will help you speak confidently about your knowledge during interviews.

✨Tip Number 2

Network with professionals in the financial services industry, especially those working in loan operations. Attend relevant events or join online forums to gain insights and potentially get referrals for the position.

✨Tip Number 3

Brush up on your analytical skills, as resolving discrepancies and managing reconciliations are crucial parts of the role. Consider taking a short course or workshop that focuses on data analysis or financial reconciliation.

✨Tip Number 4

Demonstrate your attention to detail by preparing examples of how you've successfully managed similar tasks in previous roles. Be ready to discuss these experiences in your interview to showcase your fit for the position.

We think you need these skills to ace Loan Operations Associate

Loan Servicing Experience
Attention to Detail
Trade Processing Knowledge
Reconciliation Skills
Operational Risk Management
Problem-Solving Skills
Time Management
Communication Skills
Collaboration Skills
Data Entry Accuracy
Financial Analysis
Process Improvement
Adaptability
Customer Service Orientation

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Loan Operations Associate position. Tailor your application to highlight relevant experience in loan servicing and trade processing.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with loan facilities, lifecycle events, and any specific achievements in managing loan trade settlements. Use quantifiable results where possible to demonstrate your impact.

Showcase Attention to Detail: Given the detail-oriented nature of the role, provide examples in your application that showcase your ability to manage discrepancies and ensure accuracy in financial operations. This could include specific projects or tasks where you successfully resolved issues.

Tailor Your Cover Letter: Craft a personalised cover letter that connects your skills and experiences directly to the job description. Mention your understanding of operational risk frameworks and your collaborative approach to working with internal teams.

How to prepare for a job interview at Click To Hired

✨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 any challenges you've overcome in the process.

✨Demonstrate Attention to Detail

Since this role requires processing critical lifecycle events, it's essential to demonstrate your attention to detail. You could mention instances where your meticulousness helped avoid errors or improved efficiency in past roles.

✨Prepare for Technical Questions

Expect questions related to trade processing and loan operations. Brush up on key concepts such as rollovers, paydowns, and drawdowns, and be ready to explain how you would handle discrepancies between agent notices and internal records.

✨Emphasise Collaboration Skills

Collaboration is crucial in this role, so be prepared to discuss how you've worked with internal teams in the past. Share examples of successful teamwork that led to improved processes or resolved issues effectively.

Loan Operations Associate
Click To Hired
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