At a Glance
- Tasks: Manage corporate lending transactions and ensure smooth execution of loan deals.
- Company: Dynamic financial services firm prioritising inclusion and flexibility.
- Benefits: Competitive salary up to £70,000, with a focus on professional growth.
- Other info: Thriving environment with opportunities for personal and career development.
- Why this job: Join a team where your skills can make a real impact in the lending industry.
- Qualifications: Experience with lending products and proficiency in LoanIQ or similar systems.
The predicted salary is between 70000 - 70000 £ per year.
As a Loans Deal Manager, you will act as a primary point of contact for internal stakeholders, ensuring smooth execution and management of corporate lending transactions. This role requires you to review loan documentation in order to build the deal within LoanIQ, therefore a solid understanding of LoanIQ and the ability to navigate a complex lending environment is desirable. From deal execution to lifecycle management, you will be integral in delivering exceptional service while mitigating risk and ensuring data quality.
Key Responsibilities
- Deal Execution
- Review draft loan documentation and suggest operational improvements.
- Accurately book new loan deals and facilities into LIQ, including amendments and restructures, in the lending source system.
- Manage initial pay-away conditions in alignment with operational checklists.
- Build and maintain security structures in the source system.
- Track and input all subsequent conditions, including sell-downs.
- Ensure effective reconciliation of derivatives versus loan profiles, if applicable.
- Complete transaction notes and ensure seamless handover to servicing teams.
- Oversee overdue covenants, breaches, and security valuations.
- Maintain accurate filing of documentation per organisational policies.
- Manage reconciliations and address complex discrepancies.
- Handle arrears communication and produce risk event analysis.
- Ensure the clean-up and termination of deals and facilities, including fee movements.
- Drive and participate in organisational projects and initiatives.
What We’re Looking For
Essential Skills and Knowledge
- Extensive experience managing a broad range of lending products.
- Proficiency in LoanIQ or similar systems, with the ability to interpret loan documentation and build deals.
- Strong understanding of the lending risk environment and its downstream implications.
Key Attributes
- Exceptional problem-solving and analytical skills.
- A proactive, collaborative approach with the ability to thrive under pressure.
- Strong verbal and written communication, with the ability to influence stakeholders at all levels.
- A high level of emotional intelligence and self-motivation.
Salary: up to £70,000 per annum. Location: London. A culture that prioritises belonging, inclusion, and flexibility to empower you to perform at your best.
Application Requirements
All applicants must have the right to work in the UK without sponsorship. If you are ready to take on this exciting opportunity and thrive in a challenging yet rewarding environment, apply today to join our client’s exceptional team.
Loans Deal Manager employer: Johnson & Associates
Contact Detail:
Johnson & Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loans Deal Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the lending industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a Loans Deal Manager role or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your LoanIQ knowledge. Make sure you can confidently discuss how you've navigated complex lending environments in the past. We want to see that you can handle the pressure and deliver exceptional service!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Be ready to share examples of how you've tackled challenges in previous roles, especially when it comes to managing lending products and mitigating risks. We love a proactive approach!
✨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 all about belonging and inclusion, so we want to see you thrive in our team!
We think you need these skills to ace Loans Deal Manager
Some tips for your application 🫡
Know Your Stuff: Before you start writing, make sure you understand the role of a Loans Deal Manager inside out. Familiarise yourself with LoanIQ and the lending environment so you can showcase your knowledge in your application.
Tailor Your Application: Don’t just send a generic CV and cover letter. We want to see how your experience aligns with the key responsibilities listed in the job description. Highlight relevant skills and experiences that demonstrate your fit for the role.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it’s relevant. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: Make sure to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Johnson & Associates
✨Know Your LoanIQ Inside Out
Make sure you brush up on your LoanIQ knowledge before the interview. Familiarise yourself with its functionalities and how it integrates into the lending process. Being able to discuss specific features or past experiences using LoanIQ will show that you're not just familiar, but truly competent.
✨Master the Art of Documentation Review
Since reviewing loan documentation is a key part of the role, practice articulating your approach to this task. Think about how you would suggest operational improvements and be ready to share examples from your past experience where you successfully navigated complex documentation.
✨Showcase Your Problem-Solving Skills
Prepare to discuss scenarios where you've tackled challenges in the lending environment. Highlight your analytical skills and how you've used them to mitigate risks or resolve discrepancies. This will demonstrate your proactive approach and ability to thrive under pressure.
✨Communicate Like a Pro
Strong communication is essential for this role, so practice articulating your thoughts clearly and confidently. Be prepared to discuss how you've influenced stakeholders in previous roles and how you can bring that skill to the team. Remember, it's not just what you say, but how you say it!