At a Glance
- Tasks: Manage loan accounts and coordinate with solicitors for documentation.
- Company: Join a leading financial institution with a focus on teamwork.
- Benefits: Attractive salary, flexible hours, and opportunities for growth.
- Why this job: Be part of a dynamic team and make an impact in finance.
- Qualifications: Strong organisational skills and attention to detail required.
- Other info: Fast-paced environment with potential for career advancement.
The predicted salary is between 30000 - 40000 £ per year.
Manage Portfolio for all Bilateral Credit/Syndication Loan accounts, including reporting, processing, and agency tasks.
Job Responsibilities
- Manage Bilateral Credit/Syndication loans.
- Coordinate with solicitors for loan documentation.
- Handle drawdowns, rollovers, interest servicing, repayments, and related tasks.
- Perform back-office functions: file maintenance, branch correspondence, Finacle transactions, account updates, and statement preparation.
- Advise Treasury on daily currency-wise cash flows.
- Conduct annual reviews of CRE loans up to £1 million.
- Assist Head of Credit Admin with monitoring the CRE Portfolio, including updates on valuations and review/renewal dates.
Legal Data Admin in City of London employer: Bank
Contact Detail:
Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Data Admin in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the legal and finance sectors, especially those who work with credit and syndication loans. A friendly chat can lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of loan management and back-office functions. We recommend practising common interview questions related to financial reporting and agency tasks to show you’re ready to hit the ground running.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that Legal Data Admin role. We make it easy for you to showcase your skills and experience directly to the hiring team!
We think you need these skills to ace Legal Data Admin in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with managing loan accounts and coordinating with solicitors. We want to see how your skills match the job responsibilities, so don’t be shy about showcasing relevant experiences!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Legal Data Admin role. Mention specific tasks from the job description that excite you and how you can contribute to our team.
Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to complex tasks like managing credit and syndication loans.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Bank
✨Know Your Portfolio Inside Out
Make sure you understand the ins and outs of managing Bilateral Credit and Syndication loans. Brush up on your knowledge about loan documentation, drawdowns, and repayments. Being able to discuss these topics confidently will show that you're ready to take on the role.
✨Familiarise Yourself with Relevant Tools
Get comfortable with any software or systems mentioned in the job description, like Finacle. If you can demonstrate your ability to handle transactions and account updates using these tools, it’ll give you a leg up during the interview.
✨Prepare for Scenario Questions
Think about potential scenarios you might face in this role, such as coordinating with solicitors or advising Treasury on cash flows. Prepare examples from your past experiences that showcase your problem-solving skills and how you handle similar situations.
✨Show Your Team Spirit
This role involves working closely with various teams, so be ready to discuss how you collaborate with others. Share examples of how you've successfully worked in a team environment, especially when it comes to monitoring portfolios or conducting reviews.