At a Glance
- Tasks: Support loan processing by managing data entry, quality checks, and documentation.
- Company: Join a dynamic financial services team dedicated to outstanding client service.
- Benefits: Enjoy a supportive work environment with opportunities for growth and development.
- Why this job: Be the backbone of operations, ensuring accuracy and compliance while making a real impact.
- Qualifications: Strong organisational skills, Excel proficiency, and a proactive communication style are essential.
- Other info: Ideal for self-motivated problem-solvers who thrive in a fast-paced environment.
The predicted salary is between 28800 - 43200 £ per year.
We’re looking for a detail-oriented Administrator to support our dynamic team. In this role, you’ll play a key part in ensuring a seamless and efficient loan processing experience for our clients. From data entry to quality checks, you’ll be the backbone of our operations—helping to ensure accuracy, compliance, and efficiency.
You'll be part of a proactive and supportive team that takes pride in delivering outstanding service, ensuring that all necessary documentation and financial data are processed correctly and on time.
Key Responsibilities- Prepare, issue, and verify drawdown instructions for loans.
- Create lender allocation tables for each loan.
- Generate repayment schedules, detailing monthly capital and interest breakdowns.
- Monitor loan repayments, working closely with the monitoring team to investigate and resolve any outstanding payments.
- Track loans with agreed variances from standard repayment schedules.
- Calculate and issue early redemption figures as needed.
- Assist the Loan Operations team in resolving any lender account-related issues.
- Distribute monthly loan repayments to lender accounts.
- Produce key Management Information (MI) reports.
- Identify, report, and investigate potential errors or breaches.
- Work with IT teams and third parties to test and improve system efficiencies.
- Collate loan documentation post-credit approval and before drawdown.
- Support the production and distribution of various MI reports.
- Handle administrative email enquiries and direct them accordingly.
- Manage documentation throughout the loan lifecycle.
- Perform additional tasks as required to support the team and business operations.
- A positive and proactive communicator with a "glass half full" mindset.
- Strong organizational skills with the ability to manage multiple tasks efficiently.
- Proficient in Excel, with a solid understanding of basic formulas.
- A self-motivated problem-solver with a can-do attitude.
- Passionate about delivering accuracy and high-quality work.
Loan Processing Administrator - Financial Services employer: Buckden Partners
Contact Detail:
Buckden Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Processing Administrator - Financial Services
✨Tip Number 1
Familiarise yourself with loan processing terminology and procedures. Understanding the key terms and processes will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your Excel skills, especially with formulas and data management. Being proficient in Excel is crucial for this role, so consider taking a quick online course or tutorial to enhance your skills before applying.
✨Tip Number 3
Network with professionals in the financial services industry. Attend relevant events or join online forums to connect with others who work in loan processing. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your problem-solving abilities during the interview. Think of specific examples where you've successfully resolved issues in previous roles, as this will showcase your proactive mindset and suitability for the position.
We think you need these skills to ace Loan Processing Administrator - Financial Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in loan processing or administration. Emphasise your attention to detail, organisational skills, and any experience with financial services.
Craft a Compelling Cover Letter: Write a cover letter that showcases your proactive communication style and problem-solving abilities. Mention specific examples of how you've ensured accuracy and compliance in previous roles.
Highlight Technical Skills: Since proficiency in Excel is crucial for this role, include any relevant Excel skills you possess. Mention specific functions or tasks you've accomplished using Excel that relate to data management or reporting.
Showcase Teamwork Experience: In your application, provide examples of how you've worked effectively within a team. Highlight your ability to support colleagues and contribute to a positive work environment, as this is key for the role.
How to prepare for a job interview at Buckden Partners
✨Showcase Your Attention to Detail
As a Loan Processing Administrator, attention to detail is crucial. Be prepared to discuss specific examples from your past experiences where your meticulous nature helped prevent errors or improved processes.
✨Demonstrate Your Excel Skills
Since proficiency in Excel is essential for this role, brush up on your skills before the interview. Be ready to explain how you've used Excel in previous roles, particularly with formulas and data management.
✨Exhibit Your Problem-Solving Abilities
The ideal candidate is a self-motivated problem-solver. Prepare to share instances where you identified issues and implemented solutions, especially in a financial context or during loan processing.
✨Communicate Your Team Spirit
This role requires a proactive communicator who thrives in a team environment. Highlight your collaborative experiences and how you contribute positively to team dynamics, ensuring everyone works towards common goals.