At a Glance
- Tasks: Manage loan operations and ensure accurate processing of various loan products.
- Company: Join HSBC, a global leader in banking with endless career opportunities.
- Benefits: Enjoy a hybrid work model and competitive pay of £250 per day.
- Why this job: Be part of a dynamic team that drives operational excellence and client satisfaction.
- Qualifications: Experience with Loan IQ and strong organizational skills are essential.
- Other info: This is a 12-month contract role with potential for growth.
The predicted salary is between 42000 - 60000 £ per year.
Loans Administration Officer
London/Hybrid (2 days)
12 Months
£250 p/d PAYE
If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of Loans Administration Officer.
Role purpose:
The Supplier Manager is a contract role expected to provide Subject Matter Expertise across Third Party Management for our most Material and complex Third Parties. The role will support the uplift of engagements with strategic Third-Party technology service providers to align with the standards set out in HSBC Technology Governance Framework and work with key stakeholders to drive improved operational resiliency and service delivery in a commercially optimal manner.
Key Accountabilities:
Loan Operations is responsible for the servicing and processing of all loan products offered to HSBC Innovation Banking clients.
Reporting to the Senior Loan Operations Manager, the role will focus on the full range of loan products to be offered by the bank, including term loans, revolving lines of credit, bridging loans, receivables financing, overdrafts in both Bi-lateral and syndicated loans.
The role encompasses and has the following principal responsibilities:
- Manage the ongoing lifecycle events of Agency and bi-lateral transactions working closely with our front office stakeholders and Transaction Management Group (TMG)
- Recording new loan account details on all relevant bank systems, by accurately and promptly referring to; Documented credit decisions, including security requirements and other terms and conditions; Loan application form details and client instructions and details; pre-defined process and procedural instructions; Documented product definitions.
- Ensure that ongoing client account instructions are implemented efficiently and accurately, and critically, in the best interests of the client and the bank. This includes facilitating loan draw downs, repayments, and settlements, Applying account fees and charges in a timely and accurate manner.
Experience / Knowledge:
- Understanding of LMA and LSTA style Loan documentation.
- Attention to detail.
- Strong organizational/prioritization skills.
- Loan IQ experience is essential for this role.
Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted within 7 days then we will not be progressing with your application. Thank you for your understanding
Loan Officer employer: HSBC Innovation Banking
Contact Detail:
HSBC Innovation Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Officer
✨Tip Number 1
Familiarize yourself with LMA und LSTA Dokumentation, da ein tiefes Verständnis dieser Dokumente für die Rolle entscheidend ist. Dies zeigt nicht nur dein Fachwissen, sondern auch dein Engagement für die Position.
✨Tip Number 2
Nutze dein Netzwerk, um Kontakte bei HSBC oder in der Finanzbranche zu knüpfen. Empfehlungen von aktuellen oder ehemaligen Mitarbeitern können dir einen Vorteil verschaffen und deine Chancen erhöhen, wahrgenommen zu werden.
✨Tip Number 3
Bereite dich darauf vor, spezifische Beispiele aus deiner bisherigen Berufserfahrung zu teilen, die deine organisatorischen Fähigkeiten und deine Aufmerksamkeit für Details demonstrieren. Dies wird dir helfen, dich von anderen Bewerbern abzuheben.
✨Tip Number 4
Informiere dich über die neuesten Trends und Entwicklungen im Bereich der Kreditvergabe und der Finanztechnologie. Zeige in Gesprächen, dass du auf dem Laufenden bist und bereit bist, innovative Lösungen zu finden.
We think you need these skills to ace Loan Officer
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Loans Administration Officer position at HSBC. Understand the key responsibilities and required skills, such as knowledge of LMA and LSTA loan documentation, and ensure you can demonstrate these in your application.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your attention to detail, organizational skills, and any previous experience with Loan IQ or similar systems.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are a great fit for the Loans Administration Officer role. Mention specific examples from your past work that showcase your ability to manage loan operations and work with stakeholders effectively.
Double-Check Your Application: Before submitting your application, review all documents for accuracy and completeness. Ensure that your contact information is correct and that you have followed any specific instructions provided in the job listing.
How to prepare for a job interview at HSBC Innovation Banking
✨Understand Loan Documentation
Make sure you have a solid grasp of LMA and LSTA style loan documentation. Be prepared to discuss how these documents impact the loan lifecycle and your experience with them.
✨Showcase Your Attention to Detail
Highlight your attention to detail during the interview. Provide examples of how you've successfully managed complex loan transactions and ensured accuracy in your work.
✨Demonstrate Organizational Skills
Be ready to talk about your organizational and prioritization skills. Share specific instances where you effectively managed multiple tasks or projects, especially in a fast-paced environment.
✨Familiarize Yourself with Loan IQ
Since Loan IQ experience is essential for this role, make sure you can discuss your familiarity with the software. If you have specific examples of how you've used it to enhance loan operations, be sure to mention those.