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.
- Other info: Opportunity to work in a fast-paced environment with potential for career growth.
- 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.
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
Responsibilities:
- 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
As a leading global banking institution, our client offers an exceptional work environment that fosters innovation and collaboration. With a strong focus on employee growth, you will have access to advanced training and development opportunities while working in vibrant offices located in Birmingham, Sheffield, Leeds, or Chester. The hybrid work model promotes a healthy work-life balance, and the competitive day rate reflects our commitment to attracting top talent in the analytics field.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Admin Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Scot Lewis Associates. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Loan Admin Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Scot Lewis Associates.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Scot Lewis Associates's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Scot Lewis Associates
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Scot Lewis Associates.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Scot Lewis Associates will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Scot Lewis Associates employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
