At a Glance
- Tasks: Manage the entire loan lifecycle and ensure compliance in property development 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: Sophisticated working environment with a focus on expertise and career growth.
- Why this job: Join a dynamic team and make a real impact in transforming property finance.
- Qualifications: Experience in development finance and UK banking operations 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 Senior Loan Administrator to join their Operations 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.
Please note, development finance experience is highly desirable.
Key Responsibilities of the Senior Loan Administrator 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 Senior Loan Administrator:
- 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.
Senior Loan Administrator (Development Finance) employer: Montpellier Resourcing
As a Finance Manager at our private bank, you will be part of a dynamic team dedicated to supporting charitable initiatives, making a meaningful impact in the community. We offer a collaborative work culture that prioritises employee growth through continuous learning opportunities and professional development. Located in a vibrant area, our bank provides unique advantages such as flexible working arrangements and a strong commitment to social responsibility, ensuring that your work is both rewarding and fulfilling.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Loan Administrator (Development Finance)
✨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 Montpellier Resourcing. 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 Senior Loan Administrator (Development Finance)
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 Montpellier Resourcing.
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 Montpellier Resourcing'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 Montpellier Resourcing
✨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 Montpellier Resourcing.
✨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 Montpellier Resourcing 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 Montpellier Resourcing 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.
