Senior Loan Accountant

Senior Loan Accountant

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage loan servicing and accounting for commercial mortgage portfolios.
  • Company: Join a leading firm in commercial real estate with a focus on diversity.
  • Benefits: Competitive salary, professional growth, and a supportive work environment.
  • Why this job: Be part of a dynamic team making impactful financial decisions.
  • Qualifications: Degree in finance or related field; experience in loan administration preferred.
  • Other info: Diverse workplace encouraging unique perspectives and ideas.

The predicted salary is between 36000 - 60000 £ per year.

Overview

Position Overview: The Senior Loan Administrator / Accountant’s responsibilities include performing loan servicing and loan accounting functions on assigned commercial mortgage portfolios. The individual will be responsible for uploading loans onto SS&C’s loan servicing software, processing loan payments, generating billing statements, processing escrow disbursement, generating payoff letters, and handling loan inquiries from both loan borrowers and mortgage lender clients. The Senior Loan Administrator / Accountant will also be responsible for calculating expected credit loss on loan portfolios based on published risk criteria.

Key Responsibilities

  • Perform daily and monthly loan servicing processes, loan balance / GL reconciliation, and reporting functions.
  • Upload newly originated / purchased loans onto SS&C loan servicing software and send welcome package to borrower.
  • Generate various loan notices such as billing statements, maturity notices, late payment notices, payoff statements, etc.
  • Monitor that loans are not in breach of any covenant agreements.
  • Track and update collateral and compliance on loans including rent rolls and operating statements.
  • Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sales, etc.
  • Monitor cash accounts and reconcile loan payments received from borrowers.
  • Produce month end servicing reports and any other ad hoc management reports as requested by client.
  • Perform critical self-review of work product prior to submission to client and/or supervisor.
  • Contribute to other ad hoc inquiries and assist on internal projects.
  • Liaise with clients and internal contacts on a day to day basis.

Qualifications / Desired Attributes

  • Minimum of a BS degree or equivalent.
  • Relevant experience in commercial real estate loan administration or accounting is essential.
  • Experience doing servicing or loan administration for complex commercial loans is preferable (e.g., construction loans).
  • Self-starter and ability to work independently to meet daily, monthly, and project deliverables.
  • Ability to identify processing issues and formulate resolutions.
  • Experience with ESMA reporting is nice to have.
  • Strong ability to communicate professionally with internal / external contacts.
  • Strong analytical skills and ability to remain highly organized in a deadline-driven environment while maintaining strict attention to detail.
  • Proficiency with Microsoft Office suite, with advanced working knowledge of Excel.
  • Basic proficiency in Microsoft SQL preferred.

We encourage applications from people of all backgrounds and particularly welcome applications from under-represented groups, to enable us to bring a diversity of perspectives to our thinking and conversation. It\\\’s important to us that we strive to have a workforce that is diverse in the widest sense.

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

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Senior Loan Accountant employer: SS&C Technologies

At SS&C Technologies, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through comprehensive training programs and opportunities for advancement within the commercial mortgage sector. Located in a vibrant area, we provide a supportive environment where diverse perspectives are valued, making it a rewarding place to build your career as a Senior Loan Accountant.
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Contact Detail:

SS&C Technologies Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Loan Accountant

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and real estate sectors. 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 common questions for Senior Loan Accountants. Practise your answers, focusing on your experience with loan servicing and accounting functions. Confidence is key!

✨Tip Number 3

Showcase your skills! Bring examples of your work, like reports or analyses you've done in previous roles. This will help demonstrate your analytical skills and attention to detail.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Senior Loan Accountant

Loan Servicing
Loan Accounting
SS&C Loan Servicing Software
Billing Statement Generation
Escrow Disbursement Processing
Credit Loss Calculation
GL Reconciliation
Cash Transaction Processing
Analytical Skills
Attention to Detail
Microsoft Office Suite
Advanced Excel Skills
Microsoft SQL Proficiency
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial real estate loan administration or accounting. We want to see how your skills match the responsibilities listed in the job description, so don’t hold back!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Loan Accountant role. Share specific examples of your past experiences that relate to the key responsibilities we’ve outlined.

Show Off Your Analytical Skills: Since this role requires strong analytical skills, make sure to mention any relevant projects or tasks where you’ve demonstrated these abilities. We love seeing how you tackle challenges and find solutions!

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 role. Plus, it’s super easy!

How to prepare for a job interview at SS&C Technologies

✨Know Your Numbers

As a Senior Loan Accountant, you'll be dealing with a lot of figures. Brush up on your financial knowledge, especially around loan servicing and accounting functions. Be prepared to discuss how you’ve handled complex commercial loans in the past and any specific metrics or results you've achieved.

✨Master the Software

Familiarise yourself with SS&C’s loan servicing software if you can. Even if you haven't used it before, understanding its functionalities will show that you're proactive and ready to hit the ground running. Mention any similar software you've worked with and how quickly you adapted to new systems.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills, especially regarding loan processing issues. Think of examples where you identified a problem and formulated a resolution. This will demonstrate your analytical skills and ability to work independently under pressure.

✨Showcase Your Communication Skills

Since liaising with clients and internal contacts is key, be ready to discuss how you’ve effectively communicated in previous roles. Share examples of how you’ve managed client inquiries or resolved conflicts, highlighting your professionalism and attention to detail.

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