At a Glance
- Tasks: Manage a diverse portfolio of Loan Agency deals with high service standards.
- Company: Join a leading Loan Servicing provider known for its innovative approach.
- Benefits: Enjoy hybrid working, excellent perks, and opportunities for growth.
- Why this job: Gain exposure to secondary trading and develop your career in finance.
- Qualifications: Must have proven LoanIQ experience and knowledge of LMA loan agreements.
- Other info: Ideal for those who thrive under pressure and enjoy dynamic environments.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
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 – 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 🤫
We think this is how you could land Loan Agency Specialist
✨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.
✨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.
✨Tip Number 3
Stay updated on the latest trends and regulations in loan agreements and servicing. Being knowledgeable about current market conditions and legal changes will not only enhance your expertise but also show potential employers that you are proactive and informed.
✨Tip Number 4
Prepare for potential interview questions by practising how you would handle specific scenarios related to managing a Loan Agency portfolio. Think about examples from your past experience that highlight your problem-solving skills and ability to work under pressure.
We think you need these skills to ace Loan Agency Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Loan Agency Specialist. Familiarise yourself with key terms like LoanIQ, LMA loan agreements, and the general activities involved in loan agency management.
Tailor Your CV: Highlight your relevant experience with LoanIQ and managing loan agency portfolios. Use specific examples to demonstrate your skills in account reconciliation and deal maintenance, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention how your background aligns with the job requirements, particularly your ability to work under pressure and manage multiple tasks effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is essential in the loan servicing industry.
How to prepare for a job interview at KennedyPearce Consulting
✨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 it’s crucial for the role.
✨Understand Loan Agreements Inside Out
Familiarise yourself with LMA loan agreements and be ready to discuss them in detail. The interviewer may ask you to explain certain clauses or how you’ve handled agreements in past roles, so having examples at hand will demonstrate your knowledge.
✨Demonstrate Your Problem-Solving Skills
Since the role involves managing various deals and dealing with ad hoc requests, be prepared to share examples of how you've effectively prioritised tasks under pressure. This will show your ability to maintain a high level of service between lenders and borrowers.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to secondary trading and escrow/paying agent deals. This not only shows your interest in the role but also your eagerness to grow within the team and understand their operations better.