Loan Admin Associate, contract, 6 months
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 Banks 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 asl 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 and 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 SSI’s and Call Back
* Coordination with City Site ops team to ensure key static has been set up in a timely manner
* Review of the documentation from an operational perspective
* Managing & maintaining Ancillary carves outs and movements
* Prepare and manage Sustainability margin via the ESG service
* Reconciliations and Investigations
* Margin changes (Maintaining ratios, Covenants)