At a Glance
- Tasks: Support the Loans Administration team by overseeing loan transactions and mentoring team members.
- Company: Join an international banking group known for innovation and operational excellence.
- Benefits: Enjoy a competitive day rate, hybrid working, and opportunities for professional growth.
- Other info: This is a contract role based in Canary Wharf, London, with flexible working arrangements.
- Why this job: Be part of a dynamic team that values collaboration and drives impactful change in finance.
- Qualifications: Strong understanding of Loans Administration, excellent attention to detail, and confident communication skills required.
The predicted salary is between 60000 - 84000 £ per year.
Join the Loans Administration team of this International banking group, as an Assistant Team Leader, where you will act as a key referral point for team members, ensure operational excellence, and support the Team Leader and Section Head in driving both performance and innovation.
Salary: £460 Day rate
Contract role
Hybrid working: 2/3 days in the office each week
Location: Canary Wharf, London
Main Duties:
- Oversee and process loan transactions in your capacity as Facility Agent across multiple jurisdictions.
- Provide day-to-day support, guidance, and mentoring to Loans Administrators.
- Act as a bridge between the frontline and operations, liaising regularly with Treasury, Loan Capital Markets, and external stakeholders to ensure funding/payment deadlines are met and client expectations exceeded.
- Monitor key controls (queues, reports, reconciliations) and uphold the integrity of all loans processing under a strict 4-eye control standard.
- Collaborate with leadership on improving workflows, procedures, and straight-through processing (STP) initiatives without compromising risk control.
- Participate in UAT and systems testing with internal partners to ensure operational readiness for enhancements and changes.
Skills/Experience required:
- Solid understanding of Loans Administration and Agency roles, including market standards and regulatory frameworks.
- Excellent attention to detail and a quality-first approach.
- Proficient knowledge of SWIFT, payment formatting, and the end-to-end loan lifecycle.
- Ability to interpret and navigate loan documentation, and collaborate effectively with stakeholders across departments.
- Confident communicator - both written and verbal - with the ability to represent the team professionally in both internal and external interactions.
- Practical experience in loan funding processes and interdepartmental dependencies, especially with Treasury.
Assistant Loan Administrator - LMA in London employer: LMA
Join a dynamic and innovative international banking group located in the heart of Canary Wharf, where you will thrive in a collaborative work culture that prioritises employee growth and operational excellence. With a strong focus on mentorship and professional development, this role offers you the opportunity to lead and inspire your team while enjoying the benefits of hybrid working arrangements and competitive compensation. Experience a workplace that values your contributions and encourages you to drive performance and innovation in the fast-paced world of loans administration.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Loan Administrator - LMA 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. 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 Assistant Loan Administrator - LMA 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.
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'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
✨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.
✨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 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 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.
