Junior Associate, Loan Operations (Middle Office) in City of London
Junior Associate, Loan Operations (Middle Office)

Junior Associate, Loan Operations (Middle Office) 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 loan operations and collaborate with various departments in a dynamic investment bank.
  • Company: Join a leading 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 drives financing operations and impacts real-world projects.
  • Qualifications: 3 years of experience in investment banking and strong attention to detail required.
  • Other info: Fast-paced environment with opportunities to learn and grow your skills.

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.

    Junior Associate, Loan Operations (Middle Office) in City of London employer: LevelUP HCS

    Join a leading Investment Bank as a Junior Associate in Loan Operations, where you will thrive in a dynamic Middle Office environment that fosters collaboration across various departments. Our commitment to employee growth is reflected in our comprehensive training programmes and supportive work culture, ensuring you have the tools to excel in your role while contributing to impactful financing operations. Located in a vibrant financial hub, we offer competitive benefits and a unique opportunity to engage with diverse teams, making this an excellent place for meaningful and rewarding employment.
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    Contact Detail:

    LevelUP HCS Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Junior Associate, Loan Operations (Middle Office) in City of London

    ✨Tip Number 1

    Network like a pro! Reach out to people in the industry, especially those working in investment banking or loan operations. Use platforms like 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 researching the company and its operations. Understand their products and services, especially in the context of loans and financing. This will help you speak confidently about how you can add value to their team.

    ✨Tip Number 3

    Practice your responses to common interview questions, but keep it natural. Focus on your experience with facility documentation and your understanding of financial covenants. Show them you’re proactive and ready to tackle challenges head-on!

    ✨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 the initiative to engage directly with us. Good luck!

    We think you need these skills to ace Junior Associate, Loan Operations (Middle Office) in City of London

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

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Junior Associate role. Highlight your relevant experience in Investment Banking and any specific skills related to Loan Operations. 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 genuine and let your personality come through – we love that!

    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 double-check their work, as it reflects the quality we strive for at StudySmarter.

    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’s super easy – just follow the prompts and you’ll be set!

    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 Attention to Detail

    Since this role requires a strong focus on detail and risk management, prepare examples from your past experiences where you've demonstrated these skills. Whether it’s through monitoring financial covenants or ensuring compliance, having concrete examples ready will impress your interviewers.

    ✨Build Your Partnerships

    This position involves working closely with various departments. Think about how you can demonstrate your ability to establish effective partnerships. Prepare to discuss any previous experiences where you collaborated with different teams to achieve a common goal.

    ✨Ask Smart Questions

    Prepare insightful questions about the role and the team dynamics. This not only shows your interest but also helps you gauge if the company culture aligns with your values. Ask about how the Middle Office interacts with the Front Office or what challenges they currently face.

    Junior Associate, Loan Operations (Middle Office) in City of London
    LevelUP HCS
    Location: City of London
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    • Junior Associate, Loan Operations (Middle Office) in City of London

      City of London
      Full-Time
      36000 - 60000 £ / year (est.)
    • L

      LevelUP HCS

      50-100
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