At a Glance
- Tasks: Join a global bank to manage and process loan products while ensuring operational excellence.
- Company: Dynamic global bank in London with a focus on innovation and teamwork.
- Benefits: Competitive pay of up to £390 per day for a flexible contract role.
- Why this job: Gain valuable experience in the finance sector while working with diverse loan products.
- Qualifications: Knowledge of Loan IQ and strong communication skills are essential.
- Other info: Opportunity to work in a fast-paced environment with potential for career growth.
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. Paying up to 390 per day.
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 will focus on daily operational and oversight activities in relation to a book of syndicated and bilateral loans. This includes all operational processing and effective handling of process-related queries.
The job holder will also be responsible for reviewing procedures and related MI with the ability to interpret the information so effective analysis can be performed.
Key Skills:- Hold a sound knowledge of Loan IQ & a good understanding of the loan product and 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 loan documentation
- Strong organisational/prioritisation skills
- 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
- Review of the documentation from an operational perspective
- Manage Deal and Facility setup in Loan IQ
- Coordination 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)
- Coordination with operational City Sites for static data set up including SSIs and Call Back
- Coordination with City Site ops team to ensure key static has been set up in a timely manner
- Managing & maintaining Ancillary carves outs and movements
- Prepare and manage Sustainability margin via the ESG service
- Reconciliations and Investigations
- Margin changes (Maintaining ratios, Covenants)
Loan Admin Associate 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
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking sector, especially those who know about loan administration. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your Loan IQ knowledge and understanding of loan documentation. We recommend practising common interview questions related to loan products and operational processes to show you’re the right fit.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Loan Admin Associate gig. We’ve got all the latest listings, and applying directly can sometimes give you an edge over other candidates!
We think you need these skills to ace Loan Admin Associate
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 documentation knowledge. 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 organisational skills and client-focused approach, and don’t forget to show your enthusiasm for working with us at StudySmarter.
Showcase Relevant Experience: When detailing your work history, focus on experiences that relate to loan processing and operational oversight. If you've worked with complex loan books or have experience in Commercial Real Estate, make sure to highlight that!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
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. Be ready to discuss how you've used it in past roles, especially in deal-building and populating loan data. This will show that you're not just familiar with the system but can also leverage it effectively.
✨Master the Documentation
Familiarise yourself with LMA and LSTA style loan documentation. Be prepared to talk about your experience reviewing these documents from an operational perspective. Highlight any specific examples where your attention to detail made a difference in your previous roles.
✨Showcase Your Organisational Skills
Since this role requires strong organisational and prioritisation skills, think of examples from your past work where you successfully managed multiple tasks under pressure. Share how you kept everything on track and delivered high-quality results, even when things got hectic.
✨Communicate Like a Pro
Strong communication skills are key for this position, so practice articulating your thoughts clearly and confidently. Prepare to discuss how you've effectively communicated with both internal teams and external clients, ensuring everyone is on the same page during complex processes.