At a Glance
- Tasks: Support Loans Operations by managing documentation and ensuring accurate contract execution.
- Company: Join a friendly global bank in the heart of London with a collaborative culture.
- Benefits: Competitive pay, hybrid work options, overtime rates, and pension contributions.
- Other info: Engage in exciting projects and build strong relationships within a supportive team.
- Why this job: Gain valuable banking experience with potential for permanent placement and career growth.
- Qualifications: 5 years of banking experience and knowledge of loan agreements preferred.
The predicted salary is between 27000 - 33000 £ per year.
Loans Operations/ Loans Documentation - Senior Officer - City of London based global Bank **ONGOING 12-MONTH TEMP ROLE – POTENTIAL TO PERMANENT**
Martis Search is representing a global Bank, to hire a temporary "Loans Operations, Documentation - Senior Officer”for up to 12-months.
There is also strong potential to go permanent too.
The company is based in The City of London and the bank has global locations.
The position sits within their Loans Operations department and reports into their Loans Administration Manager.
The role provides Loans Operational support for their Lending, Corporate Banking, Current Account, Business Deposits, Corporate FX customers for all Bilateral and Syndicated Loan facilities.
The role is also hybrid (within a x 4-week period, x 8-days employees are allowed to work from home, so you will be able to work-from, as well as in the office).
The company offers great overtime rates and also a pension.
It is a friendly bank to work for and a safe a secure environment.
ROLE OVERVIEW
To assist with the collection, review, capture, and periodic administration of system data obtained from legal documentation.
Enabling accurate and timely execution of contracts on behalf of Loan Administration colleagues by proactively capturing Facility level data within our various systems.
Thereafter assisting the Head of Department with the general administrative duties and various reporting responsibilities related to the suite of products handled by the Loan Administration Department.
KEY DUTIES
To assist with the collection, review, capture, and periodic administration of system data obtained from legal documentation.
Enabling accurate and timely execution of contracts on behalf of Loan Administration colleagues by proactively capturing Facility level data within our various systems.
Thereafter assisting the Head of Department with the general administrative duties and various reporting responsibilities related to the suite of products handled by the Loan Administration Department.
KEY RESPONSIBILITIES
- To proactively attend to the department’s duties in the collation, reviewing, monitoring, registering, and filing of loan and other important documentation during the course of business as is related to Loan Administration departments assigned duties.
- Proactively manage a pipeline of lending new deals, amendments and sell-downs from credit approval to drawdown.
- To coordinate, delegate and assist in the completion of the ongoing monitoring and updates to financial and other documentation/information which is required under the terms of the relevant facility.
- To coordinate, delegate and assist in the completion of the day-to-day system registration and administration of facilities – including bilateral and committed, syndicated loan facilities and corporate FX facilities.
- To coordinate, delegate and assist in the completion of the control and ongoing monitoring of credit reviews and risk ratings.
- To collate and prepare for circulation relevant information which contributes towards the Department’s monthly reporting function.
- To provide training and mentoring to documentation-focused colleagues and to be regarded as a main contact point for enquiries on daily work matters.
- Create and maintain strong working relationships with colleagues and external stakeholders and act as a ‘go-to’ on queries relating to Loan documentation and maintenance of contracts.
- To minimise the occurrence of operational irregularities through a conscientious approach to daily duties and to ensure any relevant issues are reported to the Loan Administration Manager or Assistant Manager in timely fashion.
- To prepare and despatch electronic / pdf confirmations after receiving the necessary authorisation for release.
- To check and file confirmations and carry out routine general filing and archiving.
- To participate and engage in ongoing branch and departmental projects, such as regulatory changes, branch wide system or process enhancements and/or any department specific initiatives.
- To carry out other duties as required by the Head of Loan Administration, Assistant Manager, and the Deputy General Manager.
- To carry out such other duties as requested by the General Manager.
SKILLS AND EXPERIENCE
- A Level standard of education, or equivalent, preferred.
- A minimum of 5 years relevant banking experience is required.
- Previous experience in analysing Bilateral, Syndicated and Agency Loan Agreements and related documentation.
- Previous experience of Loan Servicing, such as Drawdown, Rollover, Repayments and Cash Settlement is desired.
- Previous experience of participating in a large project is desired but not required.
- Loan IQ preferable but not essential.
Up to £300 per day, dependent upon experience.
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Loans Operations/ Loans Documentation - Senior Officer - City of London based global Bank **ONG[...] employer: Martis Search
Join a prestigious boutique Wealth Management Asset Manager in Mayfair, where you will receive unparalleled exposure and mentorship from a highly experienced Head of Operations. Our collaborative work culture fosters continuous learning and development, allowing you to enhance your coding skills while contributing to meaningful projects in Investment Operations. With competitive salary packages, hybrid working options, and a focus on employee growth, this is an exceptional opportunity for those seeking a rewarding career in finance.
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