At a Glance
- Tasks: Manage a diverse portfolio of Loan Agency deals with a focus on service excellence.
- Company: Join a leading Loan Servicing provider known for its innovative approach and supportive culture.
- Benefits: Enjoy hybrid working, excellent benefits, and opportunities for professional growth.
- Why this job: Gain exposure to secondary trading and work closely with Relationship Managers in a dynamic environment.
- Qualifications: Must have proven experience with LOANIQ and managing Loan Agency portfolios.
- Other info: Ideal for those who thrive under pressure and seek a challenging yet rewarding role.
The predicted salary is between 36000 - 60000 Β£ per year.
Kennedy Pearce are currently partnering with a leading Loan Servicing provider in recruiting a loan agency specialist to manage a portfolio of Loan Agency deals. This role offers Hybrid working and excellent benefits
The successful candidate must have extensive experience in using LOANIQ with a proven established background in managing a Loan Agency portfolio
Key Responsibilities
You will be responsible for maintaining a portfolio of varied deals ensuring a high level of service between both lenders and borrowers
The role offers a lot of opportunity and growth across the team where you will also have exposure to secondary trading, and escrow/paying agent deals
- Manage a deal from signing and completion, through to termination.
- Calculate redemption figures manually
- Bill and maintain a timely receipt of fees
- Process general Loan agency activities β drawdowns, rollovers, prepayments, fees
- General deal maintenance and ad hoc requests
- Account reconciliation
- Review Loan Agreements at an operational level
- Work very closely with Relationship Managers
Essential Experience Required
- Proven LoanIQ experience
- Extensive knowledge of LMA loan agreements
- Previous experience in managing a Loan Agency portfolio
- Ability to work under pressure and prioritize tasks accordingly
Loan Agency Specialist employer: KennedyPearce Consulting
Contact Detail:
KennedyPearce Consulting Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Loan Agency Specialist
β¨Tip Number 1
Familiarise yourself with LOANIQ and its functionalities. Since this role requires extensive experience with the software, consider taking online courses or tutorials to brush up on your skills and demonstrate your commitment to mastering the tool.
β¨Tip Number 2
Network with professionals in the loan servicing industry. Attend relevant events or join online forums where you can connect with others who work in loan agency roles. This can provide valuable insights and potentially lead to referrals.
β¨Tip Number 3
Stay updated on the latest trends and regulations in loan agreements and servicing. Being knowledgeable about current market conditions and changes in legislation will show your potential employer that you are proactive and well-informed.
β¨Tip Number 4
Prepare for interviews by practising common questions related to loan agency management. Focus on scenarios where you've successfully managed portfolios or resolved issues, as this will help you articulate your experience effectively during discussions.
We think you need these skills to ace Loan Agency Specialist
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your extensive experience with LOANIQ and managing a Loan Agency portfolio. Use specific examples to demonstrate your skills in handling varied deals and maintaining high service levels.
Craft a Strong Cover Letter: In your cover letter, emphasise your proven background in loan agency activities and your ability to work under pressure. Mention your familiarity with LMA loan agreements and how you can contribute to the teamβs growth.
Highlight Relevant Skills: When detailing your experience, focus on key responsibilities such as deal management, account reconciliation, and processing loan agency activities. Use bullet points for clarity and impact.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at KennedyPearce Consulting
β¨Showcase Your LoanIQ Expertise
Make sure to highlight your extensive experience with LOANIQ during the interview. Be prepared to discuss specific instances where you've successfully managed a Loan Agency portfolio using this software, as itβs crucial for the role.
β¨Demonstrate Your Knowledge of LMA Agreements
Familiarise yourself with LMA loan agreements and be ready to discuss how youβve applied this knowledge in previous roles. This will show that you understand the intricacies of the agreements and can handle operational reviews effectively.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your ability to manage deals under pressure. Think of examples from your past experiences where you successfully prioritised tasks and maintained high service levels between lenders and borrowers.
β¨Emphasise Team Collaboration
Since the role involves working closely with Relationship Managers, be prepared to discuss how youβve collaborated with others in your previous positions. Highlight any successful partnerships that led to improved outcomes for clients.