At a Glance
- Tasks: Manage loan trade reconciliations and ensure accurate reporting across systems.
- Company: Join a leading finance department with a focus on integrity and collaboration.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make an impact in the finance world while working with cutting-edge technology.
- Qualifications: Experience with WSO and Murex, strong analytical skills, and a relevant degree.
- Other info: Great opportunity for career growth and to work with diverse teams.
The predicted salary is between 36000 - 60000 £ per year.
Key Responsibilities
- System Reconciliation: Lead the management and resolution of T0 breaks between WSO (Wall Street Office) and Murex loan trades and positions.
- Lifecycle Management: Ensure all servicing events, such as paydowns and restructures, are accurately reflected across both systems to ensure accurate downstream reporting.
- Trade Integrity: Review new trades and counterparty setups to ensure flawless data flow to the Finance team.
- P&L Support: Perform independent calculations of delayed compensation to be accrued in daily P&L and flag discrepancies in settlement memos.
- Stakeholder Collaboration: Work closely with Front Office, Trade Support, and Risk Management departments in London and international head offices.
- Project Management: Participate in the Loan IQ implementation project and manage small-scale process improvement initiatives.
The Ideal Candidate
- System Expertise: Proven, hands-on experience using WSO is essential. Experience with Murex is highly desirable.
- Market Knowledge: Deep understanding of secondary loan market products.
- Technical Skills: Strong analytical skills and proficiency in Microsoft Excel (VLOOKUPS, Pivot Tables).
- Academic Background: Undergraduate degree in a quantitative discipline (Accounting, Finance, or Maths) or equivalent professional experience.
- Soft Skills: Excellent interpersonal skills to effectively coordinate resolution efforts across various internal departments.
About the Department
The Finance Department provides essential support to the business, fulfilling internal and external financial reporting functions. The team plays a vital role in business planning, external audits, and tax compliance, while monitoring regulatory capital and liquidity for the Bank of England and international regulators.
Compliance & Regulatory Responsibilities
As this role falls under a dual-hatting arrangement, you will perform duties on an entity-neutral basis. You are required to:
- Act with integrity, due skill, care, and diligence in line with FCA and PRA Conduct Rules.
- Ensure all necessary finance services are provided to a professional level for both the banking and securities entities.
- Identify and escalate any potential conflicts of interest.
Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.
Loans Support Analyst in City of London employer: Randstad Finance
Contact Detail:
Randstad Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loans Support Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the finance and loans sector, especially those who work with WSO or Murex. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Show off your skills! If you’ve got experience with Excel, make sure to highlight it in conversations. Use examples of how you've tackled data challenges in past roles to impress potential employers.
✨Tip Number 3
Be proactive! Don’t just wait for job postings. Reach out directly to companies you’re interested in, like Randstad Financial & Professional, and express your enthusiasm for roles like Loans Support Analyst.
✨Tip Number 4
Prepare for interviews by brushing up on your market knowledge. Understand the secondary loan market products inside out, so you can confidently discuss them when the opportunity arises.
We think you need these skills to ace Loans Support Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Loans Support Analyst role. Highlight your experience with WSO and Murex, and don’t forget to showcase your analytical skills and any relevant projects you've worked on.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your understanding of the secondary loan market and how your background aligns with the key responsibilities outlined in the job description.
Show Off Your Soft Skills: Don’t just focus on technical skills; make sure to highlight your interpersonal skills too. Talk about times when you’ve successfully collaborated with different teams or resolved conflicts, as this is crucial for the role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and really interested in joining our team!
How to prepare for a job interview at Randstad Finance
✨Know Your Systems
Make sure you brush up on your knowledge of WSO and Murex before the interview. Be ready to discuss your hands-on experience with these systems, as they are crucial for the role. Highlight any specific instances where you've successfully managed system reconciliations or resolved discrepancies.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess, especially with Microsoft Excel. Practice using VLOOKUPS and Pivot Tables, and be ready to explain how you've used these skills in past roles. You might even want to bring examples of your work to showcase your capabilities.
✨Understand the Market
Familiarise yourself with secondary loan market products and current trends. Being able to discuss market knowledge will show that you're not just technically skilled but also understand the broader context of the role. This can set you apart from other candidates.
✨Emphasise Collaboration
Since this role involves working closely with various departments, be prepared to talk about your interpersonal skills. Share examples of how you've effectively collaborated with teams in the past, particularly in resolving issues or managing projects. This will highlight your ability to fit into their team dynamic.