At a Glance
- Tasks: Manage loan syndication and distribution, ensuring smooth operations and communication.
- Company: Join a London-based bank offering hybrid work and a dynamic environment.
- Benefits: Enjoy flexible working options and a supportive team culture.
- Why this job: Be part of a crucial role in finance, impacting clients and lenders daily.
- Qualifications: Experience in loan syndication and strong documentation skills required.
- Other info: Ideal for those with a passion for finance and a knack for organization.
The predicted salary is between 43200 - 72000 £ per year.
London based Bank who offer Hybrid working currently seek a Loan Agent Officer with a proven
background in Loan syndication and distribution
As the Loan Agent Officer you will administer and assist with the day-to-day co-ordination and administration of lending in relation to loan facility and security agent role, mainly for customers and lenders of syndicated loans.
JOB FUNCTION
Contribute loan distribution, loan portfolio management, risk management, and other planning and administrative matters related to the origination to distribution business, to enable the department to exercise effective administration and support to credit front, and control and reporting of the branch’s business activities.
KEY RESPONSIBILITIES
- Responsible for smoothly operating loan facility agent and security agent role within the department, executing its operations through close communication with both front offices and back offices
- The role includes, but not limited to, provision of notice to lenders, correspondence with banks and financial institutions as well as borrowers, handling administrative tasks, asking the borrower to provide necessary information and circulate them to lenders, responding questions from the borrowers or lenders, calculating drawdown amount to correspond to the lenders, coordinating lender vote for waiver or amendment requests, documentation, discussing with external legal to draft amendment agreement during loan period.
- Facilitate loan documents and other relevant documents from front offices and borrowers, and to share them with potential and existing lenders using email, software, and others.
- Liaise, coordinate response to queries between borrowers and lenders, and administer loan operation defined in loan agreement.
- Report and record swiftly and properly the situation and progress to Head of Department, and consult with Head of Department about what to do next in a proper manner.
- To assist distribution activities by being involved in documentation, KYC process, deal closing, and
- Assist with the design, testing and implementation of frameworks and systems for loan agent, performance monitoring, and business planning in relation to origination to distribution business and loan agent operations.
QUALIFICATIONS AND EXPERIENCE
- Loan syndication and distribution administration experience is essential,
- Excellent Loan Documentation and Loan facility/agreement experience is essential
- A strong aptitude for statistics, coupled with at least two years’ experience in the financial sector
- ‘A’ level qualifications preferred.
- Good PC skills, particularly with MS-PowerPoint and MS-Excel.
Loan Agency Officer employer: KennedyPearce Consulting
Contact Detail:
KennedyPearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Agency Officer
✨Tip Number 1
Make sure to familiarize yourself with the loan syndication process and the specific roles of a Loan Agent Officer. Understanding the nuances of loan distribution and administration will help you stand out during discussions.
✨Tip Number 2
Network with professionals in the financial sector, especially those involved in loan syndication. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role.
✨Tip Number 3
Brush up on your MS-PowerPoint and MS-Excel skills, as these are crucial for reporting and documentation tasks. Consider taking a short course or using online resources to enhance your proficiency.
✨Tip Number 4
Prepare to discuss your experience with loan documentation and KYC processes in detail. Be ready to provide examples of how you've successfully managed similar tasks in previous roles.
We think you need these skills to ace Loan Agency Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in loan syndication and distribution. Use specific examples from your previous roles that demonstrate your skills in loan documentation and administration.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Loan Agency Officer position. Discuss how your background aligns with the key responsibilities outlined in the job description, particularly your experience with coordinating between borrowers and lenders.
Highlight Relevant Skills: Emphasize your proficiency in MS-PowerPoint and MS-Excel, as well as your strong aptitude for statistics. Mention any specific tools or software you have used in loan administration to showcase your technical skills.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for the role of Loan Agency Officer.
How to prepare for a job interview at KennedyPearce Consulting
✨Show Your Loan Syndication Expertise
Make sure to highlight your experience in loan syndication and distribution during the interview. Be prepared to discuss specific examples of how you've successfully managed loan facilities and your role in coordinating with both lenders and borrowers.
✨Demonstrate Strong Communication Skills
Since the role involves liaising between various parties, emphasize your communication skills. Share instances where you effectively handled correspondence with banks, financial institutions, or borrowers, and how you resolved any issues that arose.
✨Be Ready for Technical Questions
Expect questions related to loan documentation and facility agreements. Brush up on your knowledge of loan agreements and be ready to explain the key components and processes involved in loan administration.
✨Highlight Your Analytical Skills
Given the importance of risk management and loan portfolio management in this role, be prepared to discuss your analytical skills. Provide examples of how you've used statistics or data analysis in your previous roles to make informed decisions.