Loan Servicing Specialist in City of London
Loan Servicing Specialist

Loan Servicing Specialist in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage client portfolios and service syndicated loans with precision and care.
  • Company: Join J.P. Morgan, a leading global financial services firm.
  • Benefits: Competitive pay, inclusive culture, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team making impactful financial decisions every day.
  • Qualifications: Experience with Loan IQ and syndicated loans is essential.
  • Other info: Fast-paced environment with a focus on teamwork and problem-solving.

The predicted salary is between 36000 - 60000 £ per year.

We are seeking a Loan Servicing Analyst to join JP Morgan in London on an initial 12 months contract. You should have Loan IQ experience and some syndicated loans experience and preferably experience of navigating a credit agreement to be considered for this position.

Description: Loans Agency is a multi-faceted, client facing and deadline driven role. The team is responsible for certain activities of an operational nature in relation to syndicated credit facilities where JPMorgan has been appointed Facility Agent. The Agent has a duty to provide a high quality service to all parties through the administration of accurate funds movement and timely information flows. The Facility Agent's roles and responsibilities are defined in the loan agreement which is broadly based on LMA-style documentation.

Job responsibilities:

  • Manage a portfolio of clients, supporting various Lines Of Business.
  • Responsible for the servicing of all syndicated loans including drawdowns, rollovers, repayments, rate settings and fees, including syndicate notifications related to daily processing.
  • Ensure accurate and timely GL and position management postings.
  • Reconcile cash movements and escalate non-receipts of payments.
  • Review and interpret all operational aspects of loan documentation during the life of the facility.
  • Work with the deal team during a refinancing to ensure the structure is operationally feasible, funds flow management, fee distribution and maintenance of Loan IQ (loan system) in relation booking updates related to refinancing.
  • Liaison with external clients and internal teams including Credit, Origination, Treasury, Compliance, Legal and Secondary Loan Trading.
  • Investigate, analyse and remediate exceptions to ensure KRI/KPI targets are achieved.
  • Assist the team in ad-hoc requests including system upgrades and UAT exercises.
  • Support the team's shared objectives and Control agenda by contributing to multiple work streams.

Required qualifications, capabilities, and skills:

  • Loan IQ knowledge.
  • Experience in syndicated loans.
  • Ability to manage multiple demands in a fast-changing environment.
  • Manages and prioritizes multiple tasks and uses sound judgement to escalate issues timely.
  • Strong communication skills both oral and written, has confidence speaking to external clients.
  • Analytically minded with strong technical prowess in relation to manipulating data.
  • Strong team player.
  • Attention to detail and control orientated; understanding of the risks and downstream impacts of inaccurate data capture.
  • Excellent problem solving skills; the ability to identify the root cause.
  • Personal motivation and drive to deliver excellence and make a difference every day.

Please note that this role will be based onsite full time.

We are committed to creating an inclusive recruitment experience. If you require support or adjustments to the recruitment process, our Adjustment Concierge Service is here to help. Please feel free to contact us at adjustments@robertwalters.com to discuss how we can support you. We welcome applications from all candidates and are committed to providing equal opportunities.

Loan Servicing Specialist in City of London employer: J.P. Morgan

J.P. Morgan is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. As a Loan Servicing Specialist, you will benefit from comprehensive training and development opportunities, ensuring your professional growth while being part of a diverse team committed to excellence. With a strong focus on employee well-being and a culture that values inclusivity, J.P. Morgan provides a rewarding career path in the fast-paced world of finance.
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Contact Detail:

J.P. Morgan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Servicing Specialist in City of London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with loan servicing. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on Loan IQ and syndicated loans. We recommend creating a cheat sheet of key terms and processes to help you articulate your knowledge confidently during the interview.

✨Tip Number 3

Showcase your problem-solving skills! Be ready to discuss specific examples where you've tackled challenges in previous roles. This will demonstrate your analytical mindset and ability to handle the fast-paced environment at J.P. Morgan.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate candidates who want to make a difference in the loan servicing space.

We think you need these skills to ace Loan Servicing Specialist in City of London

Loan IQ knowledge
Experience in syndicated loans
Client management
Funds movement administration
GL and position management
Cash reconciliation
Operational documentation review
Communication skills
Analytical skills
Data manipulation
Problem-solving skills
Attention to detail
Team collaboration
Time management
Judgement skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Loan Servicing Specialist role. Highlight your Loan IQ experience and any work with syndicated loans. We want to see how your skills match what we're looking for!

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 makes you a great fit. Keep it concise but impactful – we love a good story!

Showcase Your Communication Skills: Since this role involves liaising with clients and internal teams, make sure to demonstrate your strong communication skills in your application. We want to see examples of how you've effectively communicated in past roles.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!

How to prepare for a job interview at J.P. Morgan

✨Know Your Loan IQ Inside Out

Make sure you brush up on your Loan IQ knowledge before the interview. Be prepared to discuss how you've used it in past roles, especially in relation to managing syndicated loans. This will show that you’re not just familiar with the system but can also leverage it effectively.

✨Master the Art of Communication

Since this role involves liaising with various teams and external clients, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex information in previous jobs. Strong communication skills are a must, so don’t shy away from showcasing them!

✨Demonstrate Your Analytical Skills

Be ready to discuss specific instances where you've had to analyse data or solve problems related to loan servicing. Think about challenges you've faced and how you approached them. This will highlight your analytical mindset and problem-solving abilities, which are crucial for this role.

✨Showcase Your Team Spirit

This position requires collaboration with various internal teams. Prepare to share examples of how you've worked effectively within a team, especially in high-pressure situations. Emphasising your ability to be a strong team player will resonate well with the interviewers.

Loan Servicing Specialist in City of London
J.P. Morgan
Location: City of London

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