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 in a collaborative setting.
- 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 in London employer: Saxton Leigh
As an international financial services company, we pride ourselves on fostering a dynamic and inclusive work culture that values collaboration and innovation. Our employees benefit from comprehensive training programmes and clear pathways for career advancement, ensuring that you can grow alongside the company. Located in a vibrant financial hub, we offer competitive remuneration packages and a supportive environment where your contributions are recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Manager – Loan Admin in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in loan administration. A friendly chat can lead to insider info about 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 creating a cheat sheet with key terms and scenarios to discuss during your interview.
✨Tip Number 3
Showcase your skills! Bring examples of how you’ve managed drawdowns or identified discrepancies in loan agreements. Real-life stories can make you stand out as a candidate who knows their stuff.
✨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 about their job search.
We think you need these skills to ace Assistant Manager – Loan Admin in London
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 the perfect fit for this role. Mention specific experiences that demonstrate your understanding of loan facility agreements and your ability to manage operational processes effectively.
Showcase Your Technical Skills:Don’t forget to mention your proficiency in LoanIQ and Microsoft Office, especially Excel. We love seeing candidates who can handle data and reports efficiently, so make sure to highlight these skills in your application!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at StudySmarter!
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. Familiarise yourself with key terms like conditions precedent and events of default, as these will likely come up in conversation. Being able to discuss these confidently will show that you’re serious about the role.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your hands-on experience with syndicated loans and corporate banking operations. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewer to see your impact.
✨Demonstrate Your Technical Skills
Since proficiency in LoanIQ and Excel is crucial, be ready to discuss how you've used these tools in your previous roles. If possible, bring along examples of reports or analyses you've created to showcase your skills and make a strong impression.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s loan administration processes and how they handle operational risks. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your career goals.
