At a Glance
- Tasks: Manage loan documentation and coordinate operational processes in a dynamic banking environment.
- Company: Join a global bank in London with a strong reputation in financial services.
- Benefits: Earn £390 per day on a flexible contract, working just 2 days a week.
- Other info: Opportunity to work in a fast-paced environment with potential for career advancement.
- Why this job: Gain valuable experience in the finance sector while working with diverse loan products.
- Qualifications: Knowledge of Loan IQ and loan products is essential; strong communication skills are a must.
The predicted salary is between 30000 - 40000 £ per year.
Pay: £390 per day (contract, 2 days per week).
My client, a global bank based in London, is looking for a Loan Admin Associate to join their team on a contract basis, 2 days per week in the London office. The team is responsible for the servicing and processing of all loan products offered to the bank’s clients. Reporting to the Head of UK Loans, the role focuses on daily operational and oversight activities in relation to a book of syndicated and bilateral loans, including all operational processing and effective handling of process-related queries. The job holder will also be responsible for reviewing procedures and related MI, interpreting the information to perform effective analysis.
Key Skills:
- Hold a sound knowledge of Loan IQ and a good understanding of loan products and the market
- Have sound knowledge of the deal-building and experience of populating load data in Loan IQ
- Loan documentation experience – understanding of LMA and LSTA style documentation
- Strong communication skills to deal with internal and external clients both written and verbally
- Experience across more complex loan books such as Commercial Real Estate, Leverage and Acquisition Finance, Export Credit Agency, Aircraft/Shipping and Project Finance desirable, but not critical.
- Able to deliver high accuracy and volume of work to excellent standards under pressure
- Client focused, with a proven record of commitment to excellent customer service.
Responsibilities:
- Review documentation from an operational perspective
- Manage Deal and Facility setup in Loan IQ
- Coordinate with the Relationship Manager and Transaction team in our City site on the operational aspects of the closing process (initial drawdown / fees, conditions precedent etc.)
- Coordinate with operational City Sites for static data set up including SSI’s and Call Back
- Coordinate with City Site ops team to ensure key static has been set up in a timely manner
- Managing & maintaining ancillary carve-outs and movements
- Prepare and manage Sustainability margin via the ESG service
- Conduct reconciliations and investigations
Seniority level: Associate
Employment type: Contract
Job function: Finance and Information Technology
Industries: Banking, Investment Banking, and Financial Services
Loan Admin Associate in England employer: Scot Lewis Associates
Contact Detail:
Scot Lewis Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Admin Associate in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Let them know you're on the lookout for a Loan Admin Associate role. You never know who might have the inside scoop on opportunities!
✨Tip Number 2
Prepare for interviews by brushing up on your Loan IQ knowledge and understanding of loan products. We recommend practising common interview questions related to operational processing and client communication to show you’re the perfect fit.
✨Tip Number 3
Don’t forget to showcase your customer service skills! Be ready to share examples of how you've delivered excellent service in past roles. This will help you stand out as a candidate who truly understands client focus.
✨Tip Number 4
Apply through our website for the best chance at landing that contract! We make it easy for you to submit your application and get noticed by hiring managers looking for someone just like you.
We think you need these skills to ace Loan Admin Associate in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Loan Admin Associate role. Highlight your experience with Loan IQ and any relevant loan products you've worked with. We want to see how your skills match 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 your understanding of loan documentation and your commitment to excellent customer service – we love that!
Showcase Your Communication Skills: Since strong communication is key in this role, make sure to demonstrate your written communication skills in your application. Whether it's through your CV or cover letter, let us see how you can effectively engage with clients and colleagues.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the Loan Admin Associate position. Don’t miss out on this opportunity!
How to prepare for a job interview at Scot Lewis Associates
✨Know Your Loan IQ Inside Out
Make sure you brush up on your knowledge of Loan IQ before the interview. Familiarise yourself with its functionalities and how it relates to loan products. Being able to discuss specific features or your past experiences with Loan IQ will show that you're ready to hit the ground running.
✨Master the Documentation Lingo
Get comfortable with LMA and LSTA style documentation. You might be asked about your experience with these during the interview, so having examples ready will demonstrate your understanding and expertise in loan documentation.
✨Show Off Your Communication Skills
Since the role involves liaising with both internal and external clients, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've successfully managed client relationships in the past, as this will highlight your customer service commitment.
✨Prepare for Pressure Scenarios
The job requires delivering high accuracy under pressure, so think of examples where you've thrived in similar situations. Be ready to share how you manage stress and maintain quality work, as this will reassure them of your ability to handle the demands of the role.