Loan Documentation Specialist (LMA)
Loan Documentation Specialist (LMA)

Loan Documentation Specialist (LMA)

London Temporary 42000 - 98000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Review and draft loan documentation while supporting team management.
  • Company: Join a leading international banking group based in Central London.
  • Benefits: Enjoy hybrid working, competitive salary up to £70,000, and excellent perks.
  • Why this job: Be part of a dynamic team, enhance your legal skills, and make an impact in finance.
  • Qualifications: Degree level education and experience in loan documentation are essential.
  • Other info: 12-month fixed-term contract with opportunities for personal development.

The predicted salary is between 42000 - 98000 £ per year.

Up to £70,000 plus excellent benefits

Hybrid Working Available!

12 month FTC

A Central London-based international Banking Group is seeking to strengthen their Loan Services team with the addition of an LMA Documentation Specialist on a 12 month FTC. You will be responsible for reviewing loan documentation within the specified timeframe as required to meet business needs (adopting the LMA format); as well as supporting the manager with the day-to-day management of the team. This role will suit a candidate from a legal background due to the in-depth legal documentation knowledge that is required.

Duties for the LMA Loan Documentation Specialist to include:

  • Attend to loan documentation adopting the LMA format including the reviewing of loan agreements, inter-creditors agreements, security documents, legal opinion and fee letters, etc. ensuring that the terms are in compliance with terms as per approved credit proposal
  • Drafting and reviewing loan documentation for corporate lending in relation to Commercial Real Estate, some in LMA format as well as syndication
  • Liaise with external legal counsel, building monitor and other professional advisors throughout the loan documentation process with terms as per approved credit proposal
  • Prepare / review standard offer letters ensuring that the terms are in compliance with terms as per approved credit proposal
  • Register new offer letter on monitoring report, monitor return of signed offer letters; and prepare report on bi-weekly basis advising non-return of offer letters and outstanding fees
  • Check and ensure that the offer letters and other documents returned by Borrower are executed
  • Handle fee payments and invoices on banking systems; To prepare Pre-drawdown checklist
  • Monitor the outstanding items (e.g. conditions subsequent, original copy of offer letter, certificate of legal validity etc.) after drawdown from time to time
  • Contribute to the maintenance of legal updates and templates
  • Monitor and supervise Loan Documentation Associate to perform all tasks in relation to Loan Documentation properly and in a timely manner
  • Constantly strive to improve team performance
  • Training and Competence - identify training needs; provide regular feedback and coaching to ensure that their maximum potential is achieved
  • Ensure own personal development objectives are achieved

The successful LMA Loan Documentation Specialist will have:

  • Sound experience of loan documentation gained within a law firm or major banking environment (adopting the LMA format)
  • Educated to degree level (or equivalent).
  • Knowledge of LMA format highly desirable.

Loan Documentation Specialist (LMA) employer: Montpellier Resourcing

Join a prestigious international banking group in the heart of London, where you will thrive in a dynamic and supportive work environment. With a strong emphasis on employee development, you will have access to excellent benefits, hybrid working options, and opportunities for professional growth within a collaborative team dedicated to excellence in loan documentation. This role not only offers competitive remuneration but also the chance to work alongside industry experts in a vibrant city known for its financial prowess.
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Contact Detail:

Montpellier Resourcing Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Documentation Specialist (LMA)

✨Tip Number 1

Familiarise yourself with the LMA format and documentation standards. Understanding the nuances of loan agreements, inter-creditor agreements, and security documents will give you a significant edge during interviews.

✨Tip Number 2

Network with professionals in the banking and legal sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights or even referrals for the Loan Documentation Specialist role.

✨Tip Number 3

Prepare to discuss your experience with loan documentation in detail. Be ready to share specific examples of how you've handled similar tasks in previous roles, especially those involving compliance with approved credit proposals.

✨Tip Number 4

Showcase your ability to work in a team and mentor others. Highlight any past experiences where you've trained or supervised colleagues, as this is a key aspect of the role that the hiring manager will be looking for.

We think you need these skills to ace Loan Documentation Specialist (LMA)

Legal Documentation Knowledge
Loan Agreement Review
LMA Format Proficiency
Attention to Detail
Drafting Skills
Compliance Understanding
Communication Skills
Team Management
Client Liaison
Problem-Solving Skills
Time Management
Training and Development
Report Preparation
Banking Systems Familiarity

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Loan Documentation Specialist. Familiarise yourself with the LMA format and the specific duties mentioned in the job description.

Tailor Your CV: Highlight your relevant experience in loan documentation, especially if you have worked in a legal or banking environment. Make sure to emphasise any familiarity with the LMA format and your educational background.

Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are the perfect fit for this role. Mention your experience with loan agreements and your ability to liaise with external legal counsel, as these are key aspects of the job.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A well-presented application reflects your attention to detail, which is crucial for a role involving legal documentation.

How to prepare for a job interview at Montpellier Resourcing

✨Know Your LMA Format

Make sure you have a solid understanding of the LMA format and its requirements. Brush up on your knowledge of loan agreements, inter-creditor agreements, and security documents, as these will likely come up during the interview.

✨Demonstrate Legal Knowledge

Since this role requires a legal background, be prepared to discuss your experience with legal documentation in detail. Highlight any relevant work you've done in a law firm or banking environment that showcases your expertise.

✨Showcase Team Management Skills

The role involves supporting the manager and supervising associates. Be ready to share examples of how you've successfully managed teams or contributed to team performance in previous roles.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills in loan documentation processes. Think about past challenges you've faced and how you resolved them, particularly in relation to compliance and documentation accuracy.

Loan Documentation Specialist (LMA)
Montpellier Resourcing
Location: London
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