At a Glance
- Tasks: Assist with loan administration and servicing for Corporate and Commercial real estate loans.
- Company: Join Solutus, a leading loan servicing and advisory firm with 50+ years of experience.
- Benefits: Enjoy 25 holidays, no weekends, free lunches, healthcare, and a pension scheme.
- Other info: Great career growth opportunities and a supportive work environment.
- Why this job: Be part of a dynamic team and enhance your skills in the financial services industry.
- Qualifications: Experience in loan administration and proficiency in MS Excel required.
The predicted salary is between 28800 - 48000 £ per year.
Company Solutus is a fully integrated loan servicing and advisory firm. The Solutus management team has in excess of 50 years of combined real estate experience and brings together a wealth of knowledge from a wide variety of backgrounds. We are currently looking to recruit a Loan Analyst to assist with the day-to-day administration and servicing of Corporate and Commercial real estate loans. The right candidate will ensure all calculations, payments and borrower and lender communications are accurate whilst adhering to current processes. This is a full time, permanent role based in Chorley, Lancashire and due to location, a driving licence is required.
Key Tasks & Responsibilities
- Boarding new loans onto the loan management system (LMS) as per loan Facility Agreements.
- Create Loan interest calculation templates in Microsoft Excel.
- Create periodic interest calculations from the LMS/Excel template and produce associated interest statements on each Interest Payment Date (IPD).
- Preparation of payments from both borrower bank accounts and Solutus accounts, including upkeep of the payment tracker. These include both manual and online payments.
- Daily monitoring of the Solutus bank accounts and weekly reconciliation of the GBP & EUR tracker accounts.
- General loan administration duties including preparation of billing notices/remittance reports, rate setting and maintenance of LMS.
- Calculation of Agency Fees and liaison with the Finance Dept. to arrange for associated invoices to be raised.
- Maintenance of Loan IPD/Fee Diaries.
- Maintenance of the Portfolio Database/Bank Account spreadsheets/Distribution Lists.
- Preparation of periodic client reports using both LMS and Excel.
- Liaising with Loan Managers, lenders, clients and relevant third parties with regards to loan accrual queries/administration/audits.
- Working with the Management Team to provide ongoing improvement of the daily functions including any appropriate enhancement of the LMS.
- Carry out a range of project related tasks.
- Contribute towards the continual improvement of the various systems and processes within the Loan Operations Team.
- Respond to both internal and external queries in a timely manner.
- Support day-to-day activities of the team to ensure accurate/timely delivery of services.
- Other functions relating to the operation of the business as needed.
Essential Skills & Experience
- Loan administration/servicing in the financial services industry.
- Knowledge of loan interest accruals.
- Proficiency in the use of MS Excel, Word and Outlook.
- Sound analytical skills.
- Effective time management and organisational skills.
- Ability to work in a fast-paced environment, running multiple tasks under tight deadlines.
- Attention to detail.
Desirable Skills & Experience
- Corporate and Commercial loan administration/servicing.
- Knowledge of electronic banking systems.
- Strong interpersonal skills and an ability to create and manage effective relationships with colleagues and stakeholders.
- Motivated to learn new skills and continue personal development.
- Good written and oral communication skills.
- Team Player and the ability to work independently.
Benefits
- 25 Holidays per year, plus UK bank holidays
- Monday to Friday, no weekends
- Dress down day and free lunch (last Friday of each month)
- Company Healthcare Scheme
- Company Sick Pay
- Employee Assistance Programme
- Long Service Holiday Entitlement
- Free on-site parking
- Company Pension Scheme
- Social evenings and team events
To apply for this position, please click on ‘APPLY’ and attach your most recent CV.
Loan Analyst in Chorley employer: Solutus Advisors Limited
At Solutus, we pride ourselves on being an exceptional employer, offering a supportive work culture that values teamwork and personal development. Located in Chorley, Lancashire, our Loan Analyst role provides a unique opportunity to engage in meaningful work within the financial services industry, complemented by generous benefits such as 25 holidays, a company healthcare scheme, and regular team events. Join us to be part of a dynamic team where your contributions are recognised and growth is encouraged.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Analyst in Chorley
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Solutus and understanding their loan servicing processes. Show us that you’re not just another candidate; demonstrate your knowledge and enthusiasm for the role!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to loan administration and financial services. We want to see your analytical skills and attention to detail shine through!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and show us that you’re genuinely interested in the position. Plus, it’s a great way to reiterate your fit for the role.
We think you need these skills to ace Loan Analyst in Chorley
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Loan Analyst role. Highlight your experience in loan administration and any relevant skills, like your proficiency in Excel. We want to see how you fit into our team!
Showcase Your Skills:Don’t just list your skills; show us how you've used them in past roles. If you've managed multiple tasks under tight deadlines or improved processes, let us know! We love a good success story.
Keep It Professional:While we’re all about being friendly, your application should still have a professional tone. Make sure your language is clear and concise, and double-check for any typos or errors before hitting send.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you’re keen on joining our team at Solutus!
How to prepare for a job interview at Solutus Advisors Limited
✨Know Your Numbers
As a Loan Analyst, you'll be dealing with calculations and financial data. Brush up on your knowledge of loan interest accruals and be ready to discuss how you would handle specific scenarios. Practising some Excel formulas beforehand can really help you stand out.
✨Showcase Your Attention to Detail
In this role, accuracy is key. Prepare examples from your past experiences where your attention to detail made a difference. Whether it was catching an error in a report or ensuring timely payments, these stories will demonstrate your fit for the position.
✨Familiarise Yourself with the Company
Do a bit of homework on Solutus and their loan servicing processes. Understanding their approach and being able to discuss how you can contribute to their goals will show that you're genuinely interested in the role and the company.
✨Prepare for Team Dynamics
Since the job involves liaising with various stakeholders, think about how you work within a team. Be ready to share examples of how you've successfully collaborated with others in the past, as well as how you manage your time and tasks under pressure.
