At a Glance
- Tasks: Oversee loan operations, manage cash forecasting, and improve processes.
- Company: Dynamic financial institution with a focus on innovation and teamwork.
- Benefits: Competitive salary, full benefits, hybrid work model, and annual bonus.
- Other info: Opportunity for career growth and transition to a permanent role.
- Why this job: Make a real impact in loan operations while developing your leadership skills.
- Qualifications: Experience in loan operations and strong collaboration skills.
The predicted salary is between 85000 - 85000 £ per year.
Location: London (Hybrid – 3 days in office, 2 remote)
Salary: up to £85,000 + Full Benefits + annual Discretionary Bonus
The Opportunity
This is a 12-month fixed-term contract with a possibility of transitioning into a permanent role. The position has arisen due to an internal move. You will play a pivotal role in loan operations and treasury, focusing on review, approval, and oversight rather than day-to-day portfolio servicing. This includes payment run approvals and line management of one direct report.
The role offers exposure to Allvue (current system) and ACBS (upcoming migration), though familiarity with either is advantageous, not mandatory.
Why This Role?
- Impactful Work: Oversee the operational setup of new loans, including facility, borrower, and tranche details, ensuring accuracy and timeliness in recording loan activity.
- Treasury Oversight: Manage cash forecasting, liquidity planning, and payment coordination to ensure funds are allocated correctly, on time, and in the right currency.
- Process Improvement: Strengthen controls, reconciliations, and operational procedures as the business scales.
- Leadership: Mentor and develop a Loan Operations Analyst, acting as the primary escalation point for operational and treasury matters.
- Collaboration: Work closely with investment, finance, legal, and external stakeholders to ensure seamless loan administration and treasury operations.
Key Responsibilities Loan Operations
Loan Operations Senior Associate employer: Johnson & Associates
As a Loan Operations Senior Associate in London, you will join a dynamic team that values impactful work and collaboration. Our hybrid work model promotes a healthy work-life balance, while our commitment to employee growth ensures you have access to mentorship and development opportunities. With competitive salary packages, full benefits, and a culture that encourages process improvement, we are dedicated to creating a rewarding environment for our employees.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Operations Senior Associate
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and loan operations sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their loan operations and treasury processes. This will help us tailor your responses and show that you're genuinely interested in the role and ready to make an impact.
✨Tip Number 3
Practice common interview questions related to loan operations and treasury oversight. We can even do mock interviews together to boost your confidence and ensure you’re articulating your experience effectively.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the position. Plus, it’s a great chance to reiterate why you’d be a perfect fit for the team.
We think you need these skills to ace Loan Operations Senior Associate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Loan Operations Senior Associate role. Highlight relevant experience in loan operations and treasury, and don’t forget to mention any familiarity with Allvue or ACBS if you have it!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Talk about your experience with operational setups and process improvements, and how you can contribute to our team.
Showcase Your Leadership Skills:Since this role involves mentoring a Loan Operations Analyst, make sure to highlight any leadership experience you have. Share examples of how you've developed others or led projects in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Johnson & Associates
✨Know Your Loan Operations
Make sure you brush up on your knowledge of loan operations and treasury management. Familiarise yourself with key concepts like cash forecasting and payment coordination, as these will be central to the role. Being able to discuss these topics confidently will show that you're serious about the position.
✨Showcase Your Leadership Skills
Since this role involves mentoring a Loan Operations Analyst, be prepared to share examples of your leadership experience. Think of specific situations where you've guided or developed team members, and how you handled challenges. This will demonstrate your capability to lead effectively.
✨Highlight Process Improvement Experience
The job description mentions strengthening controls and operational procedures. Come ready with examples of how you've improved processes in previous roles. Discuss any tools or methodologies you've used to enhance efficiency, as this will resonate well with the interviewers.
✨Prepare for System Discussions
While familiarity with Allvue and ACBS isn't mandatory, it’s a good idea to research these systems. If you have experience with similar software, be ready to discuss it. Showing that you're proactive about learning new systems can set you apart from other candidates.
