At a Glance
- Tasks: Manage loan administration for corporate clients and ensure smooth processing of loan facilities.
- Company: Leading international bank in the heart of London offering hybrid work.
- Benefits: Competitive daily rate, hybrid working, and opportunities for professional growth.
- Other info: Great chance to develop your career in a supportive and collaborative setting.
- Why this job: Join a dynamic team and enhance your skills in a fast-paced banking environment.
- Qualifications: Experience in loan administration and knowledge of LoanIQ preferred.
The predicted salary is between 85000 - 120000 £ per year.
We are currently partnering with a leading international bank based in the City of London, who offer Hybrid working in recruiting a Loan Agency Administrator to work on an initial 12 month daily rate contract.
Daily Rate: £350 - £375 all inclusive rate
Location: London, City
Essential Industry Experience:
- Loan Administration or Loan Agency experience required from Banking
- Financial services experience also desirable
KEY RESPONSIBILITIES:
- Process the day-to-day administration of loan facilities to UK and overseas corporate customers
- BAU Loans admin processing - rollovers, rate fixing, drawdowns etc for syndicated, bilateral and agency loans
- Undertake initial "first-checking" duties in relation to work prepared by others
- Assist with the continuing development of any junior Loan Administration staff
- Minimize the occurrence of operational incidents through a conscientious approach to daily duties and ensure any relevant issues are reported to the Loan Administration Manager or Assistant Manager in a timely fashion
- Liaise with Loan Administration Departments of other banks regarding instructions under syndicated transactions and occasionally with the branch's Global Banking Unit departments
ESSENTIAL SKILLS AND EXPERIENCE:
- Highly knowledgeable in all aspects of loans admin processing - rollovers, rate fixing, drawdowns etc for syndicated, bilateral and agency loans
- Strong proven loans admin skills covering syndicated and bilateral loans gained within banking
- Knowledge and experience of LoanIQ is desired due to ongoing system migration project
- Capable of interpreting legal loan documentation
£85,000 - £120,000 per annum + Hybrid working
Loan Agency Administration employer: Kennedy Pearce Consulting
Join a leading international bank in the heart of the City of London, where you will benefit from a dynamic work culture that promotes hybrid working and values employee development. With competitive daily rates and opportunities to enhance your skills in loan administration, this role offers a meaningful career path within a supportive environment that prioritises collaboration and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Agency Administration
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and financial services sector. Let them know you're on the lookout for a Loan Agency Administrator role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Brush up on your knowledge of loan administration processes, especially rollovers and rate fixing. We want you to be able to talk confidently about your experience with syndicated and bilateral loans.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, highlight your proven loans admin skills and any experience with LoanIQ. This will set you apart from the competition and show that you're ready to hit the ground running.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can give you a better chance of landing that dream job in loan agency administration.
We think you need these skills to ace Loan Agency Administration
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in loan administration and any relevant banking skills. We want to see how your background aligns with the role, so don’t be shy about showcasing your expertise!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Loan Agency Administrator position. We love seeing enthusiasm and a clear understanding of the role, so let your personality come through.
Showcase Relevant Experience:When filling out your application, focus on your experience with syndicated and bilateral loans. We’re looking for candidates who can hit the ground running, so make sure to highlight any specific projects or tasks you've handled in this area.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to keep track of your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Kennedy Pearce Consulting
✨Know Your Loans Inside Out
Make sure you brush up on your knowledge of loan administration processes, especially rollovers, rate fixing, and drawdowns. Being able to discuss these topics confidently will show that you’re not just familiar with the basics but have a solid grasp of the intricacies involved.
✨Familiarise Yourself with LoanIQ
Since knowledge of LoanIQ is desired, take some time to understand how this system works. If you can demonstrate familiarity with it during the interview, it’ll set you apart from other candidates who may not have done their homework.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations in loan administration. Think about past experiences where you’ve minimised operational incidents or liaised with other banks, and be ready to share those examples.
✨Show Your Team Spirit
The role involves assisting junior staff, so be prepared to discuss your experience in mentoring or training others. Highlighting your ability to work collaboratively will demonstrate that you’re a team player, which is crucial in a banking environment.
