At a Glance
- Tasks: Support financing operations and collaborate with various departments in a dynamic investment bank.
- Company: Leading Investment Bank located in the heart of London.
- Benefits: Competitive salary, professional development, and a vibrant work environment.
- Why this job: Join a fast-paced team and make an impact in the world of finance.
- Qualifications: 3+ years in Investment Banking with strong attention to detail and teamwork skills.
- Other info: Opportunity for growth in a rapidly changing financial landscape.
The predicted salary is between 36000 - 60000 £ per year.
This is a great opportunity with an Investment Bank in the City of London 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.
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 a key stakeholder 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 all the 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.
- 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.
- 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.
Agency Loans Associate - Middle Office Operations in City of London employer: LevelUP HCS
Contact Detail:
LevelUP HCS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Agency Loans Associate - Middle Office Operations in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment banking world, especially those in Middle Office Operations. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of facility documentation and financial covenants. We want you to be the go-to expert in the room, so practice explaining complex concepts in simple terms.
✨Tip Number 3
Showcase your tech skills! Make sure you’re comfortable with systems like LoanIQ and Microsoft Suite. We love candidates who can hit the ground running, so highlight any relevant experience during your conversations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for passionate individuals ready to make an impact in Middle Office Operations.
We think you need these skills to ace Agency Loans Associate - Middle Office Operations in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Agency Loans Associate role. Highlight your relevant experience in Middle Office Operations and any specific skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Be sure to mention your understanding of investment banking and your experience with facility documentation.
Showcase Your Attention to Detail: In a role like this, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to ensure their submissions are polished and professional.
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’re considered for the role. Plus, it shows you’re proactive and keen to join 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 examples from your past roles that highlight your experience with Facility and Security Agent responsibilities. Be ready to discuss how you've handled financial covenants and security packages, as this is crucial for the position.
✨Demonstrate Attention to Detail
Since the role requires a strong focus on detail and risk discipline, think of instances where your attention to detail made a difference. Whether it was catching an error or improving a process, share these stories to illustrate your capabilities.
✨Be Proactive and Flexible
The job calls for someone who can adapt to new challenges. Prepare to discuss times when you took initiative or adapted to changes in your work environment. This will show that you’re not just reactive but also proactive in your approach.