Loan Agency Officer

KennedyPearce Consulting provided pay range

This range is provided by KennedyPearce Consulting. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

London-based Bank who offers Hybrid working currently seeks 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 to 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 the 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 is 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 circulating them to lenders, responding to questions from the borrowers or lenders, calculating drawdown amounts to correspond to the lenders, coordinating lender votes for waiver or amendment requests, documentation, and discussing with external legal to draft amendment agreements during the loan period.
• Facilitate loan documents and other relevant documents from front offices and borrowers, and share them with potential and existing lenders using email, software, and others.
• Liaise and coordinate responses to queries between borrowers and lenders, and administer loan operations defined in the loan agreement.
• Report and record swiftly and properly the situation and progress to the Head of Department, and consult with the Head of Department about what to do next in a proper manner.
• Assist distribution activities by being involved in documentation, KYC process, deal closing.
• 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.
• Good PC skills, particularly with MS-PowerPoint and MS-Excel.

Seniority level

Associate

Employment type

Full-time

Job function

Other

Industries

Banking and Financial Services

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