At a Glance
- Tasks: Lead and coach the Facility Onboarding team for timely loan closing.
- Company: Join a dynamic financial institution focused on efficient loan management.
- Benefits: Enjoy a competitive salary and opportunities for professional growth.
- Why this job: Be part of a collaborative team that drives impactful loan transactions.
- Qualifications: Experience in Middle Office Control and operational knowledge of loan products required.
- Other info: Bilingual skills and proficiency in Microsoft Office are advantageous.
The predicted salary is between 54000 - 84000 £ per year.
Vice President, Loans Middle Office Loan Closing We are working with our client with their search for a Vice President, Loans Middle Office Loan Closing to join their team on a permanent basis. Responsibilities include but are not limited to: Managing, coaching, and steering the Facility Onboarding team to ensure completion of accurate and timely closing of the Loan facility deals. Managing pipeline with the business areas for all Loan deal closing deals across EMEA. Responsible for detailed facility agreement review to ensure the clauses as Agency. Managing and steering the team to build the deals within Loan IQ, ensuring all data points are captured for management of the loan after closing. Responsible for the facilitation of well-structured training and adequate supervision to ensure staff are well informed with the necessary tools and adequate oversight to perform their role well and to the standards expected by the Bank. Responsible for building effective relationships with all stakeholders to facilitate smooth transition from Pre-mandate to financial close and beyond into Loan Servicing. Co-ordinate across Operations to ensure the deal is processed in a timely manner. Act as escalation for direct team and the wider LMO team. To verify and validate transactions created by other staff to ensure precise and correct instructions are delivered to the appropriate processing areas for accurate error-free execution. Continually review and challenge processes and procedures to maximise efficiency and processes. Ensure the creation and flow of information is accurate and timely to enable Management and stakeholders to act appropriately. Skills and knowledge: Minimum GCSE (or equivalent) in core academic subjects. A Level (or equivalent) preferred. Additional language skills advantageous. As this is a Vice President / SME position, the candidate should possess considerable experience of working within a Financial Institution Middle Office Control function. Considerable operational experience of loan products. Knowledge of all Agent roles covering Facility, Security Trustee, and Collateral. Operational and administrative knowledge of the loan market. Experience in reviewing loan agreements. Experience of facilitating and chairing Lender, Borrower, and Legal counsel calls in the role as Agent. Bi-lingual proficiency in up-to-date standard practices relative to the products administered within Loans markets. Proficient in the standard Microsoft Office suite (e.g., Outlook, MS Word, MS Excel). Job Info Job Title: Vice President, Loans Middle Office Loan Closing Company: CV-Library Location: Competitive Posted: Closes: Sector: Contract: Permanent Hours: Full Time #J-18808-Ljbffr
Vice President, Loans Middle Office Loan Closing employer: CV-Library
Contact Detail:
CV-Library Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President, Loans Middle Office Loan Closing
✨Tip Number 1
Make sure to highlight your experience in managing teams and coaching staff, as this role emphasizes leadership. Be prepared to discuss specific examples of how you've successfully led a team in the past.
✨Tip Number 2
Familiarize yourself with Loan IQ and other loan management systems. Being able to demonstrate your proficiency in these tools will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the financial services industry, especially those who work in Middle Office roles. Building relationships can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Stay updated on current trends and regulations in the loan market. Showing that you are knowledgeable about the latest developments will demonstrate your commitment to the field and your readiness for this role.
We think you need these skills to ace Vice President, Loans Middle Office Loan Closing
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and skills required for the Vice President, Loans Middle Office Loan Closing position. Tailor your application to highlight relevant experiences that align with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasize your considerable experience within a Financial Institution Middle Office Control function, operational experience of loan products, and any specific achievements in managing teams or processes related to loan closing.
Showcase Leadership Skills: Since this role involves managing and coaching a team, be sure to provide examples of your leadership experience. Discuss how you've successfully steered teams, facilitated training, and built effective relationships with stakeholders.
Proofread Your Application: Ensure that your application is free from errors. A well-structured and error-free application reflects your attention to detail, which is crucial for this role. Consider having someone else review your documents before submission.
How to prepare for a job interview at CV-Library
✨Showcase Your Leadership Skills
As a Vice President, you'll be expected to manage and coach your team effectively. Prepare examples of how you've successfully led teams in the past, focusing on your coaching style and how you ensure timely and accurate outcomes.
✨Demonstrate Your Knowledge of Loan Products
Be ready to discuss your operational experience with loan products in detail. Highlight specific instances where your knowledge has directly contributed to successful loan closings or improved processes.
✨Prepare for Stakeholder Engagement Scenarios
Since building effective relationships with stakeholders is crucial, think of examples where you've successfully navigated complex stakeholder dynamics. Be prepared to discuss how you facilitate smooth transitions from pre-mandate to financial close.
✨Emphasize Process Improvement Initiatives
The role requires continual review and challenge of processes. Come prepared with examples of how you've identified inefficiencies in previous roles and the steps you took to enhance operational efficiency.