At a Glance
- Tasks: Assist in managing syndicated loans and coordinate between borrowers and lenders.
- Company: International financial services company focused on corporate banking.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Opportunity to mentor junior staff and enhance your skills.
- Why this job: Join a leading firm and make an impact in the financial sector.
- Qualifications: 3-5 years in loan administration with strong knowledge of loan agreements.
The predicted salary is between 45000 - 55000 £ per year.
THE COMPANY: Our client is an international financial services company focusing on wholesale and corporate banking activities.
THE RESPONSIBILITIES:
- Assist in administering syndicated loan facilities in accordance with the terms of the loan facility agreements.
- Support the Facility Agent role, including coordination between borrowers and lenders on operational matters.
- Manage drawdowns, rollovers, repayments, interest payment, and fee calculations in line with facility documentation.
- Maintain accurate loan records, notices, registers (lender participations, commitments, utilizations).
- Carry out such other duties as requested by the Head of Department, Loan Administration Manager and Deputy General Manager.
- Demonstrate strong understanding of loan facility agreements, including: Conditions precedent, Events of default, Interest, fee and repayment provisions.
- Review loan documentation to ensure operational requirements are correctly implemented.
- Identify discrepancies between loan agreements and operational processes and escape where necessary.
- Liaise with relationship managers, internal legal, lenders, borrowers, and internal operations teams.
- Prepare and circulate notices, confirmations, and statements to lenders and borrowers.
- Support onboarding of new lenders or transfers of loan participations.
- Ensure transactions are processed in line with internal policies, delegated authorities, and regulatory requirements.
- Support audit requests and regulatory examinations related to loan administration.
- Identify operational risks and recommend process improvements.
- Prepare periodic reports on loan utilization, outstanding balances and payment status.
- Ensure a timely and accurate input of loan data into loan administration systems.
- Support system enhancements and user testing where required.
- Provide technical guidance and informal mentoring to junior administrators.
- Act as a subject matter reference for complex agency matters.
EXPERIENCE REQUIRED:
- Minimum 3-5 years’ experience in loan administration, agency services and corporate banking operations.
- Hands-on experience administering syndicated loan is essential.
- Experience supporting with secondary loan trading processes.
- Strong understanding of loan facility agreements and legal documentation.
- Knowledge of syndicated lending and agency roles.
- Proficiency in LoanIQ, and Microsoft Office applications particularly Excel and Outlook.
- Familiar with LMA and LSTA standards.
Assistant Manager – Loan Admin employer: Saxton Leigh
As an international financial services company, we pride ourselves on fostering a dynamic and inclusive work environment that encourages professional growth and collaboration. Our employees benefit from comprehensive training programmes, competitive remuneration, and the opportunity to work alongside industry experts in the heart of corporate banking. Join us to be part of a team that values innovation and excellence while supporting your career aspirations in a thriving location.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Manager – Loan Admin
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who know about loan administration. A friendly chat can lead to insider info on job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of loan facility agreements and operational processes. We recommend practising common interview questions related to loan administration so you can showcase your expertise confidently.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Assistant Manager position.
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We make it easy for you to showcase your skills and experience directly to the hiring team, so don’t miss out on that opportunity.
We think you need these skills to ace Assistant Manager – Loan Admin
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Manager – Loan Admin role. Highlight your experience in loan administration and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your experience makes you a perfect fit. Don’t forget to mention your understanding of loan facility agreements and any hands-on experience you've had.
Showcase Your Skills:Be sure to showcase your proficiency in LoanIQ and Microsoft Office, especially Excel. If you've got experience with LMA and LSTA standards, let us know! We love seeing candidates who can hit the ground running.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to review your application quickly. Don’t miss out on this opportunity!
How to prepare for a job interview at Saxton Leigh
✨Know Your Loan Documentation
Make sure you brush up on your understanding of loan facility agreements. Be ready to discuss conditions precedent, events of default, and repayment provisions. This will show that you’re not just familiar with the terms but can also apply them practically.
✨Showcase Your Experience
Prepare specific examples from your past roles where you successfully managed loan administration tasks. Highlight your hands-on experience with syndicated loans and how you’ve navigated complex agency matters. This will help demonstrate your capability for the Assistant Manager role.
✨Be Ready for Operational Scenarios
Expect questions that test your problem-solving skills in operational scenarios. Think about discrepancies you've identified in loan agreements and how you resolved them. This will illustrate your attention to detail and ability to improve processes.
✨Familiarise Yourself with Tools
Since proficiency in LoanIQ and Excel is crucial, make sure you’re comfortable discussing how you’ve used these tools in your previous roles. If you have any tips or tricks for using these applications effectively, share them during the interview to showcase your technical skills.
