At a Glance
- Tasks: Manage loan transactions from start to finish, ensuring accuracy and compliance.
- Company: Join a close-knit team at Coburn Free Library, specialising in corporate and real estate loans.
- Benefits: Gain valuable experience in a professional environment with potential for career growth.
- Why this job: Perfect for early-career individuals eager to dive into finance and lending operations.
- Qualifications: Experience in loan administration or related fields; strong attention to detail required.
- Other info: Work closely with various stakeholders in a dynamic, regulated setting.
The predicted salary is between 36000 - 60000 £ per year.
This is an opportunity to join a specialist team operating across corporate and real estate transactions, with exposure to complex bilateral and syndicated deals. The role sits within a close-knit lending operations team responsible for the end-to-end operational management of a diverse portfolio. From pre-settlement through to maturity, you will play a key role in ensuring transactions are accurately set up, settled, administered (using LoanIQ) and monitored in line with internal risk frameworks and documentation. Working closely with front office, legal, risk and finance stakeholders, you will support deal execution and lifecycle management, gaining deep exposure to primary and secondary loan activity in a professional, high-standards environment.
Key Responsibilities
- Operational ownership of bilateral and syndicated loan transactions from pre-settlement through maturity
- Deal setup, booking and ongoing administration within a corporate loan system
- Processing utilizations, rollovers, interest payments (cash and PIK), repayments and prepayments
- Navigating loan documentation to support funding, cash flows and lifecycle events
- Managing borrower covenants and information undertakings
- Supporting KYC requests, conflicts checks and internal approvals
- Settling secondary loan trades, both manually and via market platforms such as ClearPar
- Liaising with internal stakeholders to ensure timely, accurate execution of transactions
Candidate profile
- 6 months to 2 years experience in loan administration, lending operations or loan agency
- Experience supporting corporate lending transactions within a bank, fund, advisory firm or loan servicer
- Strong attention to detail, organisation and time management skills
- Comfortable working to deadlines in a controlled, regulated environment
- Confident numerical ability with strong Excel skills
- Degree educated in finance, economics, accounting or a related discipline preferred
This role is well-suited to someone early in their career who is looking to deepen their exposure to principal finance and complex lending transactions within a high-quality institutional environment.
Loan Operations Associate employer: Coburn Free Library
Contact Detail:
Coburn Free Library Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Operations Associate
✨Tip Number 1
Network like a pro! Reach out to people in the lending operations field on LinkedIn or at industry events. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of loan administration and corporate lending. We recommend practising common interview questions and having examples ready to showcase your skills.
✨Tip Number 3
Showcase your attention to detail! During interviews, highlight specific instances where your organisational skills made a difference. This is key in a role that demands precision.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Loan Operations Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Loan Operations Associate role. Highlight any relevant experience in loan administration or lending operations, and don’t forget to showcase your strong attention to detail and organisational skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with the responsibilities listed. Be sure to mention your experience with corporate lending transactions if you have it.
Show Off Your Excel Skills: Since strong Excel skills are a must for this role, consider mentioning specific projects or tasks where you’ve used Excel effectively. This will show us that you’re not just familiar with it, but that you can use it to get results!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status directly!
How to prepare for a job interview at Coburn Free Library
✨Know Your Loan Operations
Make sure you brush up on your knowledge of loan operations, especially bilateral and syndicated transactions. Familiarise yourself with terms like pre-settlement, maturity, and KYC requests. This will show that you're not just interested in the role but also understand the intricacies involved.
✨Showcase Your Attention to Detail
Since this role requires strong attention to detail, prepare examples from your past experiences where you demonstrated this skill. Whether it was managing complex data in Excel or ensuring accuracy in documentation, having specific instances ready will help you stand out.
✨Prepare for Stakeholder Interaction
You'll be liaising with various stakeholders, so practice how you would communicate effectively with front office, legal, and finance teams. Think about how you can convey complex information clearly and concisely, as this will be crucial in your role.
✨Demonstrate Your Organisational Skills
In a fast-paced environment, organisation is key. Be ready to discuss how you manage your time and prioritise tasks, especially when working to tight deadlines. Consider using the STAR method to structure your responses, highlighting your organisational strategies in previous roles.