Senior Operations Consultant - (Loans/Agency Documentation Lending Fulfilment Specialist) in London

Senior Operations Consultant - (Loans/Agency Documentation Lending Fulfilment Specialist) in London

London Full-Time 42000 - 60000 £ / year (est.) No working from home possible
Bank of America

At a Glance

  • Tasks: Prepare and review complex loan documentation to ensure accuracy and compliance.
  • Company: Join Bank of America, a leader in financial services with a commitment to diversity.
  • Benefits: Enjoy private healthcare, competitive pension, and flexible wellbeing benefits.
  • Other info: Work in Bromley, one of London’s greenest boroughs, with great transport links.
  • Why this job: Make a real impact in the banking sector while developing your career.
  • Qualifications: Experience in loan administration and strong organisational skills required.

The predicted salary is between 42000 - 60000 £ per year.

Job Title

Loans/Agency Documentation Lending Fulfilment Specialist

Corporate Title

Up to VP

Location

Bromley

Company Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Location Overview

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description

This job is responsible for preparing and reviewing documentation in accordance with the bank\'s policies and procedures to facilitate closings with the client and ensure lien perfection. Key responsibilities include working on highly complex documentation, supporting Loan Administrators with their primary responsibilities, and assisting the Market Leader in directing workflow and performing quality assurance. Job expectations include working with company vendors, legal counsel, line partners, and clients to ensure world class documentation accuracy.

Responsibilities
  • You will be ensuring that loan documentation meets the bank policies and procedures and are delivered accurately and timely.
  • Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable rework.
  • Reviews the loan approval and loan documents that are prepared by counsel to ensure consistency and adherence to requirements.
  • Designs a robust filing and organisational process to assist in completing primary financial booking and initial loan funding.
  • Works closely with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactions.
What we are looking for
  • Loan Administration/ Loans & Agency Documentation Experience (Essential)
  • Loan product knowledge preferable
  • Loan IQ Experience
  • Customer and Client Focus
  • Microsoft Excel experience will be an advantage
  • Data Collection and Entry
Skills that will help
  • Excellent organisational and prioritisation skills
  • Excellent communication skills at all levels
  • Attention to detail
Benefits of working at Bank of America
  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
  • 20 days of back‑up childcare including access to school holiday clubs and 20 days of back‑up adult care per annum.
  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
  • Access to an Employee Assistance Program for confidential support and help for everyday matters.
  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
Conduct and EEO Statement

Good conduct and sound judgement is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind‑set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio‑economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

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Senior Operations Consultant - (Loans/Agency Documentation Lending Fulfilment Specialist) in London employer: Bank of America

Bank of America is an exceptional employer, offering a supportive and inclusive work environment in Bromley, one of London’s greenest boroughs. With a strong commitment to employee wellness, competitive benefits including private healthcare and flexible working options, and ample opportunities for professional growth, we empower our team to thrive both personally and professionally while making a meaningful impact in the financial sector.

Bank of America

Contact Details:

Bank of America Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Operations Consultant - (Loans/Agency Documentation Lending Fulfilment Specialist) in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Bank of America. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Senior Operations Consultant - (Loans/Agency Documentation Lending Fulfilment Specialist) in London

Loan Administration
Loans & Agency Documentation Experience
Loan Product Knowledge
Loan IQ
Customer and Client Focus
Microsoft Excel
Data Collection and Entry

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bank of America.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Bank of America's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Bank of America

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bank of America.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Bank of America will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Bank of America employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.