At a Glance
- Tasks: Join our Loans Operations team to process and manage 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.
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, especially key events like rollovers and paydowns. Understanding these processes will help you demonstrate your knowledge during interviews and show that you're ready to hit the ground running.
✨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 that could boost your application.
✨Tip Number 3
Brush up on your skills with WSO/Markit systems if you have access to them. Even if you haven't used these systems 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 how you resolved issues will demonstrate 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 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 for this position. A polished application reflects your professionalism.
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 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.