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: 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: Proven experience in loan servicing is essential; familiarity with WSO/Markit 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

Join a leading financial services firm that values growth, collaboration, and employee development. With a dynamic work culture and a commitment to operational excellence, this company offers a supportive environment where you can enhance your skills in loan operations while contributing to impactful projects. Located in a vibrant area, employees enjoy a range of benefits including professional growth opportunities and a strong focus on teamwork, making it an ideal place for those seeking meaningful and rewarding employment.
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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 sector, particularly those involved in loan operations. Attend industry events or join relevant online forums to gain insights and make connections that could 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, demonstrating 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 showcase your attention to detail and operational risk awareness.

We think you need these skills to ace Loan Operations Associate

Loan Servicing Experience
Attention to Detail
Trade Processing Knowledge
Lifecycle Event Management
Reconciliation Skills
Problem-Solving Skills
Operational Risk Awareness
Collaboration and Teamwork
Time Management
WSO/Markit Systems Familiarity
CLO Lifecycle Understanding
Communication Skills
Analytical Skills
Process Improvement Mindset

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 familiarity with WSO/Markit systems.

Craft a Compelling Cover Letter: In your cover letter, express your motivation for applying to this role. Mention how your skills align with the responsibilities outlined in the job description, particularly your attention to detail and ability to resolve 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 maintaining trade flow connectivity or improving operational processes.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as accuracy is crucial in the financial services industry.

How to prepare for a job interview at Attribution Search

✨Show Your Attention to Detail

As a Loan Operations Associate, accuracy is crucial. Be prepared to discuss specific examples from your past experience where your attention to detail made a significant impact on the outcome of a project or task.

✨Demonstrate Your Knowledge of Loan Lifecycle Events

Familiarise yourself with key loan lifecycle events such as rollovers, paydowns, and drawdowns. During the interview, confidently explain these processes and how you have managed them in previous roles.

✨Highlight Your Problem-Solving Skills

Since the role involves investigating discrepancies and resolving issues, be ready to share instances where you successfully identified and solved problems in a timely manner. This will showcase your ability to handle challenges effectively.

✨Emphasise Collaboration Experience

Collaboration is essential in this role. Prepare to discuss how you've worked with different teams in the past to ensure smooth operations and trade flow connectivity. Highlight any specific tools or methods you used to facilitate teamwork.

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