Associate, Loans Agency in City of London

Associate, Loans Agency in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support financing operations and collaborate with various departments in an investment bank.
  • Company: Join a leading investment bank with a dynamic and collaborative culture.
  • Benefits: Competitive salary, health benefits, and opportunities for professional growth.
  • Why this job: Be part of a crucial team that drives impactful financial operations.
  • Qualifications: 3+ years in Investment Banking with strong attention to detail and teamwork skills.
  • Other info: Fast-paced environment with excellent career advancement opportunities.

The predicted salary is between 36000 - 60000 £ per year.

This is a great opportunity with an Investment Bank for a Loans Agency Associate role in the Middle Office Operations to join 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.

Role and responsibilities

  • 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.
  • To ensure day-to-day support is given across all business lines — both for new and existing credit facilities.
  • The role will require the establishment of 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 to ensure that the terms duly comply with the 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 (scheduled activity/control reports).
  • 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 (query log/departmental email mailbox).
  • Ensure that all post-closing actions are duly executed/recorded in the banks systems (including departmental Middle Office Workbook) – including completion of all associated check sheets.
  • Take responsibility for monitoring the production of the monthly reports for all business lines (including covenant, activity, sell down, unpaid, statistics and waiver reports).
  • To take responsibility for maintaining the highest quality data, as well as understanding and adhering to credit policy developments and escalating appropriate queries. This will include detailed statistics for use on the (monthly) dashboard / scorecard together with control of relevant Bank systems, LoanIQ, SWORD, Credit Portail, local electronic folders etc.
  • Personal Level

    • Technical support to others / co-workers on area of expertise.
    • Ensure all issues are duly escalated to appropriate persons.

    Required Skills & Qualifications

    • High level awareness of Investment/Corporate Banking and its products, to include a minimum of 3 years relevant experience.
    • Specific understanding and experience of handling Facility and Security Agent roles. This will include 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, Loans Agency in City of London employer: LevelUP HCS

    Join a leading Investment Bank as an Associate in the Loans Agency team, where you will thrive in a dynamic Middle Office Operations environment. Our collaborative work culture fosters strong partnerships across various departments, providing ample opportunities for professional growth and development. With a focus on compliance and operational excellence, we offer a rewarding career path in a fast-paced setting that values innovation and teamwork.
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    Contact Detail:

    LevelUP HCS Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Associate, Loans Agency in City of London

    ✨Network Like a Pro

    Get out there and connect with people in the industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at the companies you’re interested in. Building relationships can open doors that applications alone can't.

    ✨Ace the Informational Interview

    Set up informational interviews with professionals in the Loans Agency space. This is your chance to learn more about the role and the company culture while showcasing your enthusiasm and knowledge. Plus, it’s a great way to get insider tips on what they look for in candidates!

    ✨Prepare for the Interview

    Research the company and its operations thoroughly. Be ready to discuss how your experience aligns with their needs, especially in areas like Facility and Security Agent roles. Practise common interview questions and prepare some insightful questions of your own to show you're genuinely interested.

    ✨Apply Through Our Website

    When you find a job that fits, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and serious about joining the team. Don’t miss out on this opportunity!

    We think you need these skills to ace Associate, Loans Agency in City of London

    Investment Banking Knowledge
    Facility and Security Agent Experience
    Facility Documentation Knowledge
    Financial Covenants Monitoring
    Proactive Support Skills
    Attention to Detail
    Control and Risk Discipline
    Microsoft Suite Proficiency
    LoanIQ Knowledge
    Web-Based Technology Proficiency
    Collaboration Skills
    Adaptability
    Communication Skills
    Data Management Skills

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Loans Agency Associate role. Highlight your relevant experience in Investment Banking and any specific skills related to Facility and Security Agent roles. We want to see how your background aligns with what we’re looking for!

    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 skills can add value to our team. Keep it concise but impactful, and don’t forget to mention your familiarity with systems like LoanIQ.

    Showcase Your Attention to Detail: In this role, attention to detail is key. When writing your application, make sure there are no typos or errors. We appreciate candidates who take the time to ensure their application is polished and professional.

    Apply Through Our Website: We encourage you to apply through our website for a smoother process. 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 tech-savvy!

    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 specifics of Facility and Security Agent roles, as well as systems like LoanIQ and DebtDomain. This will show that you're not just interested in the role but also understand the technical aspects involved.

    ✨Showcase Your Attention to Detail

    In this role, attention to detail is crucial. Prepare examples from your past experience where your meticulous nature helped avoid issues or improved processes. Highlighting your control and risk discipline mindset will resonate well with the interviewers.

    ✨Demonstrate Your Proactivity

    Be ready to discuss times when you've gone above and beyond to support your team or business partners. This could be through delivering timely solutions or taking ownership of a project. Showing that you can adapt and thrive in a rapidly changing environment will set you apart.

    ✨Prepare for Scenario Questions

    Expect questions that assess how you would handle specific situations related to deal structuring, compliance checks, or post-closing actions. Practising these scenarios will help you articulate your thought process and decision-making skills effectively during the interview.

    Associate, Loans Agency in City of London
    LevelUP HCS
    Location: City of London

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