At a Glance
- Tasks: Lead and manage loan administration operations, ensuring accuracy and compliance.
- Company: Dynamic banking operation in the heart of London.
- Benefits: Competitive salary, car allowance, and hybrid working model.
- Other info: Exciting career growth opportunities in a fast-paced environment.
- Why this job: Join a growing team and make a real impact in banking operations.
- Qualifications: 5+ years in banking with strong leadership and loan administration experience.
The predicted salary is between 75000 - 85000 £ per year.
An exciting opportunity has arisen for an experienced Loan Administration Manager to join a growing banking operation in the City of London.
This is a senior operational role responsible for overseeing the end-to-end administration of loan products, ensuring accuracy, regulatory compliance and high service standards across the Loans Administration function.
You will lead and develop the Loans Administration team, oversee loan processing and servicing activity, manage operational risk and act as a key escalation point for complex issues.
The role will also provide cover for the Head of Loan Administration when required.
Working Pattern: Hybrid – 3 days office / 2 days WFH
Key Responsibilities
- Manage the day-to-day operations of the Loans Administration function.
- Oversee loan processing, documentation, servicing, settlements and associated administration.
- Lead, coach and develop the Loans Administration team, providing ongoing guidance and training.
- Monitor workloads, performance, KPIs and SLAs to ensure consistent service delivery.
- Act as an escalation point for complex loan administration queries and operational issues.
- Ensure loan administration activities comply with internal policies and relevant regulatory requirements.
- Maintain accurate loan records, reporting and operational controls.
- Work closely with Front Office, Credit, Finance, Treasury and Operations teams.
- Liaise with Head Office to ensure effective communication, alignment and consistent processes.
- Work closely with Finance/FRRD on accounting-related matters, including margin changes, backdated deals, P/L adjustments and prepayments.
- Build and maintain effective relationships with external banking and loan administration partners.
- Support audits and ensure the function remains prepared for regulatory reviews.
- Identify and implement process improvements and efficiencies across the Loans Administration function.
- Manage and actively participate in ad-hoc projects and wider operational initiatives.
- Provide cover for the Head of Loan Administration during periods of absence, ensuring key tasks, issues and escalations are managed effectively.
Skills/ Experience
- At least 5 years' banking experience.
- Proven experience within loan administration, loan operations or financial services operations.
- Strong understanding of lending products, loan processing and servicing.
- Previous team leadership and people management experience.
- Loan IQ experience – essential.
- Good working knowledge of SWIFT and Microsoft Office/Excel.
- Strong understanding of operational risk, controls and regulatory compliance.
- Experience working closely with Front Office, Credit, Finance, Treasury and other operational teams.
What We're Looking For
This role would suit someone who combines strong technical loan administration expertise with proven leadership capability.
You will need to be comfortable working in a busy banking environment, managing competing priorities and making decisions on complex operational issues.
The successful candidate will be a self-starter who can take ownership, identify solutions and drive improvements while maintaining a strong focus on accuracy, risk and compliance.
This is an excellent opportunity for an experienced Loan Administration Manager / Loan Operations Manager / Loan Agency or Banking Operations professional looking to take on a broader management role within a growing banking environment.
Loan Administration Manager in London employer: LMA Recruitment
Join a dynamic and innovative team in the heart of London, where your expertise as a Portfolio Manager will be valued and nurtured. We offer a hybrid working model that promotes work-life balance, alongside competitive salary packages and opportunities for professional growth within the specialist property finance sector. Our collaborative culture encourages relationship-building with brokers and clients, ensuring you thrive in a fast-paced environment while making a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Administration Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LMA Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Loan Administration Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LMA Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LMA Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LMA Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LMA Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LMA Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LMA Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
