At a Glance
- Tasks: Manage the entire loan lifecycle and support the front-office team in property finance.
- Company: Boutique property lending group within a prestigious banking group in London.
- Benefits: Competitive salary, discretionary bonus, private medical insurance, and flexible working options.
- Other info: Enjoy a sophisticated work environment with 28 days holiday plus bank holidays.
- Why this job: Join a dynamic team and make an impact in the future of property finance.
- Qualifications: Experience in UK banking operations with a focus on property development finance is essential.
The predicted salary is between 60000 - 70000 € per year.
Up to £70,000 plus excellent bonus and benefits. Based in London. Due to exciting business growth, a fantastic opportunity has arisen to join a boutique property lending group based in London. Operating as a specialist joint venture within a wider prestigious banking group, this firm focuses on funding high-quality residential and mixed-use developments. They are seeking a Loan Operations specialist to join their team, reporting directly to the Operations Director. This is a pivotal position supporting the front-office team in the implementation, documentation, and control of bespoke property development loans. You will manage the entire loan lifecycle, ensuring precision and compliance at every stage.
Key Responsibilities of the Loan Operations specialist include:
- Loan Lifecycle Management: Manage the implementation and control of approved loan facilities from start to finish.
- Drawdown Oversight: Review Quantity Surveyor (QS) reports, verify stage payment certificates, and prepare payments for approval.
- Third-Party Coordination: Instruct and manage relationships with solicitors and surveyors to ensure security, valuations, and monitoring requirements are met.
- System Administration: Post transactions via the Phoebus system and perform reconciliations between bank and loan accounts.
- Compliance & Risk: Conduct CDD and AML checks on directors and beneficial owners; monitor arrears and escalate issues to Lending Directors.
- Reporting: Produce monthly management information (MI) and verify complex financial statements.
Requirements for the successful Loan Operations candidate:
- Candidates will preferably have development finance experience.
- Previous experience in a UK Banking operations role with a specific focus on property development finance is essential.
- Technical Skills: Deep understanding of the processes and background required for taking security in relation to secured lending.
- Relationship Management: Proven ability to collaborate with external professionals, including Solicitors and Surveyors.
- Systems: Proficiency in loan management software (knowledge of Phoebus is highly advantageous).
Rewards for you:
- Salary: Competitive base between £60,000 – £70,000.
- Bonus: Discretionary annual bonus opportunity.
- Annual Leave: 28 days holiday plus bank holidays.
- Benefits: Private Medical Insurance, Medical Cash Plan, and flexible working options.
- Culture: A dynamic, inclusive team dedicated to transforming the future of property finance.
Loan Operations (Property Finance) in City of London employer: Montpellier Resourcing
Join a dynamic and inclusive team at a boutique property lending group in London, where your expertise in loan operations will be highly valued and rewarded. With competitive salaries, a discretionary annual bonus, and generous benefits including private medical insurance and flexible working options, this is an excellent opportunity for professional growth in a sophisticated environment dedicated to transforming the future of property finance.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Operations (Property Finance) in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the property finance sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to property finance and think about how your experience aligns with their needs. We want you to shine, so practice common interview questions and have your own ready to ask!
✨Tip Number 3
Showcase your skills! If you’ve got experience with loan management software like Phoebus, make sure to highlight that in conversations. Bring examples of how you’ve successfully managed loan lifecycles or collaborated with solicitors and surveyors to the table.
✨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 are proactive and engaged. So, get your application in and let’s get you that dream job in loan operations!
We think you need these skills to ace Loan Operations (Property Finance) in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Loan Operations role. Highlight your development finance experience and any relevant skills that match the job description. 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 property finance and how your background makes you the perfect fit for this position. Let us know what excites you about working with us!
Showcase Your Technical Skills:Since we’re looking for someone with a deep understanding of secured lending processes, make sure to mention your proficiency in loan management software, especially if you have experience with Phoebus. We love seeing candidates who are tech-savvy!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!
How to prepare for a job interview at Montpellier Resourcing
✨Know Your Loan Lifecycle
Make sure you understand the entire loan lifecycle management process. Brush up on how to implement and control approved loan facilities, as this will be a key part of your role. Be ready to discuss specific examples from your past experience that demonstrate your expertise in managing loans from start to finish.
✨Master the Technical Skills
Familiarise yourself with the technical aspects of property finance, especially if you have experience with secured lending. Highlight your knowledge of compliance, risk management, and the importance of conducting CDD and AML checks. This will show that you’re not just familiar with the processes but can also navigate them effectively.
✨Showcase Your Relationship Management Skills
Since this role involves coordinating with solicitors and surveyors, be prepared to share examples of how you've successfully managed relationships in the past. Discuss any challenges you faced and how you overcame them, as this will demonstrate your ability to collaborate effectively with external professionals.
✨Get Comfortable with Phoebus
If you have experience with the Phoebus system, make sure to mention it! If not, take some time to learn about it before your interview. Being able to discuss how you would use loan management software to post transactions and perform reconciliations will set you apart from other candidates.
