At a Glance
- Tasks: Manage daily loan administration for corporate clients and support junior staff.
- Company: Leading international bank in the heart of London offering hybrid work.
- Benefits: Competitive daily rate, flexible working, and a chance to grow your career.
- Other info: Opportunity to work on exciting projects with a focus on professional development.
- Why this job: Join a dynamic team and make an impact in the financial services sector.
- Qualifications: Experience in loan administration and strong skills in banking processes required.
The predicted salary is between 35000 - 45000 £ 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
Only candidates with the following Essential Industry Experience will be considered:
- Loan Administration or Loan Agency experience required from Banking or financial services
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
- To undertake initial "first-checking" duties in relation to work prepared by junior staff
- 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 to 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
Senior Loan Administrator in London employer: KennedyPearce 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 mentor junior staff, this role not only offers meaningful work in loan administration but also a chance to grow within a prestigious financial institution known for its commitment to excellence and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Loan Administrator in London
✨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 Senior Loan 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 around rollovers and rate fixing. We want you to feel confident discussing your experience with syndicated and bilateral loans.
✨Tip Number 3
Showcase your skills! When you get the chance, highlight your experience with LoanIQ and any other relevant systems. This will set you apart from the competition and show that you're ready for the ongoing system migration project.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, applying directly can sometimes give you an edge over other candidates. So, don’t hesitate – get your application in!
We think you need these skills to ace Senior Loan Administrator in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in loan administration and any relevant banking skills. We want to see how your background aligns with the key responsibilities mentioned in the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your expertise in loan processing, especially with syndicated and bilateral loans. This will help us see your potential impact.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, so avoid jargon unless it’s necessary. Make it easy for us to see why you’re a great fit!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process.
How to prepare for a job interview at KennedyPearce 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 for this role, take some time to understand its functionalities and how it integrates into loan administration. If you can demonstrate your familiarity with the system during the interview, it’ll give you a significant edge over other candidates.
✨Prepare for Scenario Questions
Expect questions that ask you to describe how you would handle specific situations in loan administration. Think about past experiences where you minimised operational incidents or liaised with other banks, and be ready to share those examples clearly and concisely.
✨Show Your Leadership Potential
As part of the role involves assisting junior staff, be prepared to discuss your experience in mentoring or training others. Highlight any instances where you’ve taken the initiative to help develop team members, as this will demonstrate your capability to contribute positively to the team dynamic.
