Loan Officer

Loan Officer

Telford Full-Time 45000 - 75000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage loan operations and ensure accurate processing of various loan products.
  • Company: Join HSBC, a leading global bank 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 in banking.
  • Qualifications: Experience with Loan IQ and strong attention to detail required.
  • Other info: This is a 12-month contract role with potential for growth.

The predicted salary is between 45000 - 75000 £ 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

At HSBC, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Loans Administration Officer in London, you'll benefit from a hybrid work model, competitive pay, and ample opportunities for professional growth within a globally recognized financial institution. Join us to not only advance your career but also to make a meaningful impact in the world of banking.
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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 and LSTA loan documentation. Understanding these frameworks will not only help you in the interview but also demonstrate your expertise in the field, making you a more attractive candidate.

✨Tip Number 2

Highlight your experience with Loan IQ in your discussions. Since this is essential for the role, showcasing your proficiency can set you apart from other candidates and show that you're ready to hit the ground running.

✨Tip Number 3

Prepare to discuss specific examples of how you've managed loan lifecycle events in previous roles. This will illustrate your organizational skills and attention to detail, which are crucial for the Loans Administration Officer position.

✨Tip Number 4

Network with professionals in the banking and finance sector, especially those who work with HSBC or similar institutions. Building connections can provide valuable insights and potentially lead to referrals for the position.

We think you need these skills to ace Loan Officer

Understanding of LMA and LSTA style Loan documentation
Attention to Detail
Strong Organizational Skills
Prioritization Skills
Loan IQ experience
Client Relationship Management
Knowledge of Loan Products
Operational Resiliency
Service Delivery Optimization
Communication Skills
Problem-Solving Skills
Time Management
Accuracy in Data Entry
Stakeholder Engagement

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. Use specific examples from your past experiences to illustrate your qualifications and how they relate to the responsibilities outlined in the job description.

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 included all necessary details to make a strong impression.

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 Attention to Detail

Highlight your attention to detail during the interview. Provide examples of how you've ensured accuracy in previous roles, especially when managing client account instructions or processing loan applications.

✨Demonstrate Organizational Skills

Be ready to talk about your organizational and prioritization skills. Share specific instances where you successfully managed multiple tasks or projects, particularly 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 used it before, prepare to explain how it has helped you in managing loan operations.

Loan Officer
HSBC Innovation Banking
H
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