At a Glance
- Tasks: Support financing operations and collaborate with various departments in a dynamic banking environment.
- Company: Join a leading Corporate & Investment Bank with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Be part of a crucial team that shapes financing operations and drives impactful projects.
- Qualifications: 3+ years in Investment Banking, strong attention to detail, and proficiency in relevant systems.
- Other info: Fast-paced environment with opportunities to learn and grow in the finance sector.
The predicted salary is between 36000 - 60000 £ per year.
This is a great opportunity with a Corporate & Investment Bank for a Middle Office Operations professional to join the team and be part of a team that interacts closely with the different departments of the CIB and with the other support functions, notably the financing Front Office (Real Assets, Global Trade, Investment Banking and Global Structured Credit & Solutions), Distribution & Portfolio Management, Loan Administration, Credit Risk, Legal Department and Compliance Division.
The Middle Office participates in three major stages of the lifecycle of financing operations:
- Structuring.
- Implementation.
- Monitoring and repayment.
Four of its main duties are:
- To ensure a role of expertise and technical support to the Front Office.
- To check that the operations comply with the organisation’s requirements.
- To perform the Agent or the participant role in syndicated deals.
- To act as an interface with other entities of the organisation for the implementation and the follow-up of operations.
Key responsibilities include:
- To ensure day-to-day support is given across all business lines — both for new and existing credit facilities.
- Establishing effective partnerships with all Front Offices as key stakeholders as well as teams in several areas of the bank in different capacities (Risk, Finance, BO etc.).
- Reviewing and commenting on deal structures and facility documentation, at both structuring and closing stages (and post-closing follow up) to ensure both feasibility of the deal and compliance with credit approvals and term sheet.
- Ensuring that all Deals are correctly reflected in the Bank’s system (LoanIQ) including deal structure/modelling, security packages/collaterals/assets and all covenants with associated reviews and follow up monitoring.
- Providing support for all prospective and current Facility Agency roles.
- Establishing all day-to-day activities are known/discussed and allocated in line with departmental procedures/processes and systems used.
- Ensuring that all post-closing actions are duly executed/recorded in the banks systems including departmental Middle Office Workbook.
- Taking responsibility for monitoring the production of the monthly reports for all business lines.
- Maintaining the highest quality data, understanding and adhering to credit policy developments and escalating appropriate queries.
Required Skills & Qualifications:
- High level awareness of Investment/Corporate Banking and its products, with a minimum of 3 years relevant experience.
- Specific understanding and experience of handling Facility and Security Agent roles, including systems such as DebtDomain, ClearPar etc.
- Facility documentation knowledge is essential, especially the treatment/monitoring of financial covenants and security packages.
- Proactive with the ability to deliver value-added support to business partners in a dependable, timely and accurate manner.
- Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment.
- Strong attention to detail with a control and risk discipline mindset, takes ownership and is accountable for area of responsibility.
- Strong PC skills in Microsoft Suite (e.g. Word, Excel, PowerPoint). Knowledge and experience with LoanIQ preferred.
- Ability to use web-based technology effectively.
Associate, Loan Administration to Execution (Investment Banking) employer: LevelUP HCS
Contact Detail:
LevelUP HCS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Loan Administration to Execution (Investment Banking)
✨Tip Number 1
Network like a pro! Reach out to folks in the investment banking scene, especially those in middle office roles. Use LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of facility documentation and financial covenants. Be ready to discuss how your experience aligns with the role's requirements, especially around compliance and monitoring.
✨Tip Number 3
Showcase your tech skills! Familiarise yourself with systems like LoanIQ and DebtDomain. If you can demonstrate your proficiency during interviews, it’ll set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Associate, Loan Administration to Execution (Investment Banking)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Associate in Loan Administration. Highlight your relevant experience in Investment Banking and any specific skills that match the job description, like your knowledge of facility documentation and systems like LoanIQ.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience with Middle Office Operations and how you can add value to the team by ensuring compliance and supporting the Front Office.
Showcase Your Attention to Detail: In the world of finance, attention to detail is key. Make sure your application is free from typos and errors. You might even want to include examples of how your meticulous nature has helped you in previous roles, especially in monitoring and reporting.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at LevelUP HCS
✨Know Your Stuff
Make sure you brush up on your knowledge of Investment and Corporate Banking products. Familiarise yourself with the specific systems mentioned in the job description, like LoanIQ and DebtDomain. Being able to discuss these confidently will show that you're serious about the role.
✨Showcase Your Experience
Prepare to talk about your previous experience handling Facility and Security Agent roles. Have specific examples ready that demonstrate your understanding of facility documentation and financial covenants. This will help you stand out as a candidate who can hit the ground running.
✨Demonstrate Attention to Detail
Since this role requires a strong focus on detail and risk discipline, be prepared to discuss how you've managed similar responsibilities in the past. Bring examples of how you've ensured compliance and accuracy in your work, as this will resonate well with the interviewers.
✨Be Proactive and Flexible
The job description highlights the need for proactivity and adaptability. Think of instances where you've taken initiative or adapted to changes in a fast-paced environment. Sharing these stories will illustrate your ability to thrive in the dynamic world of investment banking.