Loan Operations Specialist in London

This job is responsible for preparing and reviewing documentation in accordance with the bank's policies and procedures to facilitate closings with the client and ensure lien perfection. Key responsibilities include working on highly complex documentation, supporting Loan Administrators with their primary responsibilities, and assisting the Market Leader in directing workflow and performing quality assurance. Job expectations include working with company vendors, legal counsel, line partners, and clients to ensure world class documentation accuracy.

Responsibilities:

• Ensures that loan documentation and lien perfection meet bank policies and procedures and that work products are delivered in an accurately and timely manner.
• Leads documentation, due diligence and collateral perfection, and monitoring of loan documentation for a specific market segment.
• Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable rework.
• Reviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements.
• Designs a robust filing and organizational process to assist in completing primary financial booking and initial loan funding.
• Works closely with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactions.

What we are looking for:

• Loan Administration/ Loans & Agency Documentation Experience Essential.
• Loan product knowledge preferable.
• Loan IQ preferable.
• Customer and Client Focus.
• Microsoft Excel Experience will be an advantage.
• Data Collection and Entry.

Skills that will help:

• Excellent organisational and prioritisation skills.
• Excellent communication skills at all levels.
• Attention to detail.

An opportunity has arisen to join the Loans Agency & Bi-lateral Servicing & Operations Team. The successful candidate will work in a dedicated Servicing team of 12 reporting to the section manager. The Loans Agency & Bi-lateral Team is responsible for performing both the Facility Agent role on Syndicated Credit Agreements where a Bank of America entity is either the main Facility Agent or a Sub Agent, along with direct lending to Clients. The team acts as the front end for the bank for all clients and lenders related queries.

Responsibilities:

• You will be responsible for your own portfolio of agented and directs deals.
• You will be the first point of contact for clients.
• You will be responsible for processing of Drawdowns, Rollovers, Rate Fixings, Assignments, Revaluations, fee calculations and Reconciliation.
• You will be responsible for the booking and maintenance of the Loan portfolio in LoanIQ.
• You will be responsible for supporting our Front Office business partners Agency Management, Fulfilment; Leveraged Finance; Portfolio Managers, Asset Based Lending and SAG.
• You will be a point of contact for supporting our syndicated operations team.

What we are looking for:

• You will have performed a similar role previously and have a deep understanding of maintaining a loan portfolio.
• You will be able to act independently and apply a risk-based approach.
• LoanIQ Experience preferable.
• You will have excellent knowledge of lending, servicing, and loans.
• You will have excellent organisational and prioritisation skills.
• You will have excellent communication skills at all levels.
• You will have some previous team lead experience.

Skills that will help (optional):

• Previous documentation experience would be a keen advantage.
• Microsoft Excel Experience will be an advantage.
• Having an analytical mindset will be a plus.