Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support onboarding and lifecycle management of corporate loans in a dynamic banking environment.
- Company: Join a global banking organisation with a strong reputation in the financial sector.
- Benefits: Competitive daily rate, flexible working arrangements, and opportunities for professional growth.
- Why this job: Make an impact in loan operations while collaborating with diverse teams across the bank.
- Qualifications: Experience with Loan IQ and a solid understanding of loan operations required.
- Other info: Fast-paced role with potential for career advancement in the financial services industry.
The predicted salary is between 40000 - 50000 £ per year.
A global banking organisation is seeking a middle office Loan Operations professional to join their Credit Middle Office team. This is a hands-on contract role supporting the onboarding, administration, and lifecycle management of corporate and syndicated loans using Loan IQ.
Key Responsibilities:
- Review loan agreements from an operational perspective and provide feedback to Front Office teams.
- Extract key data points from agreements and book loan facilities, credit lines, and collateral into Loan IQ.
- Log and manage updates for fees, margins, maturities, and other lifecycle events.
- Support System of Record processes and ensure compliance with internal governance and control standards.
- Assist with amendments, extensions, and ongoing servicing of loan facilities.
- Collaborate with Front Office, Credit, Legal, and Technology teams to resolve operational queries.
- Identify opportunities for process improvements within loan administration workflows.
Required Skills & Experience:
- Strong Loan IQ experience, ability to build deals within Loan IQ is essential.
- Previous experience in corporate lending, syndicated loans, or loan operations.
- Solid understanding of the loan lifecycle and banking operations.
- Experience reviewing and interpreting loan documentation.
- Excellent stakeholder management and communication skills.
- Strong attention to detail, organisation, and ability to manage competing priorities.
- Experience in Banking / Financial Services environments (essential).
- Proficiency in Microsoft Office, especially Excel.
Middle Office Specialist - Credit in London employer: Magnit Global
Contact Detail:
Magnit Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Middle Office Specialist - Credit in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Let them know you're on the lookout for opportunities, especially in middle office roles. You never know who might have the inside scoop on a job that’s not even advertised yet!
✨Tip Number 2
Prepare for those interviews by brushing up on your Loan IQ skills. Make sure you can talk confidently about your experience with loan operations and how you've handled lifecycle management in the past. We want you to shine when it comes to discussing your expertise!
✨Tip Number 3
Don’t forget to showcase your attention to detail! In your conversations, highlight specific examples where your organisational skills made a difference in managing loan agreements or resolving operational queries. This will set you apart from the competition.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged. So, get your application in and let’s get you that middle office role!
We think you need these skills to ace Middle Office Specialist - Credit in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Middle Office Specialist role. Highlight your Loan IQ experience and any relevant skills in loan operations. We want to see how your background fits 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 the perfect fit for our Credit Middle Office team. Share specific examples of your experience with corporate lending and how you’ve tackled challenges in loan operations.
Showcase Your Attention to Detail: In this role, attention to detail is key. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure everything is spot on!
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 a few clicks and you’re done!
How to prepare for a job interview at Magnit Global
✨Know Your Loan IQ Inside Out
Make sure you brush up on your Loan IQ skills before the interview. Be prepared to discuss how you've used it in past roles, especially in booking loan facilities and managing lifecycle events. This will show that you're not just familiar with the system but can also leverage it effectively.
✨Master the Loan Lifecycle
Understand the entire loan lifecycle from onboarding to servicing. Be ready to explain how you’ve navigated each stage in previous positions. This knowledge will demonstrate your expertise and help you answer questions about operational processes confidently.
✨Show Off Your Stakeholder Management Skills
Think of examples where you've collaborated with different teams, like Front Office or Legal, to resolve queries. Highlighting your communication skills and ability to manage relationships will be key, as this role requires working closely with various stakeholders.
✨Spot Process Improvement Opportunities
Prepare to discuss any process improvements you've identified in your previous roles. Think about specific examples where you streamlined workflows or enhanced efficiency in loan operations. This will showcase your proactive approach and problem-solving abilities.