Loans Agency Middle Office Representative
Contract until September 2026
London
Hybrid Working
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We are happy to be recruiting for one of our high-profile banking clients. They are currently looking for a Loans Agency Middle Office Representative to join them for an initial contract until September 2026, however there may be scope for extension.
Role Background:
The role of an agent is to undertake functions as described in the finance documents on behalf of the lending group. Depending on the type of agency role this can include, 1/ facilitating communications, 2/ managing cash flows, 3/ maintaining a register of parties to the agreement, 4/ maintaining a register of lender commitments, deal activity and accruals (interest & fees), 5/ registering and safekeeping of security, 6/ coordinating amendment and waiver requests, and 7/ following procedures described in the facility documents in respect to borrower default and enforcement of security. Regular engagement with external advisors e.g. legal, technical, insurance etc is common practice
Purpose of the Role:
To undertake assigned day-to-day tasks & responsibilities within Agency MO including acting as primary contact for and perform agent functions on a portfolio of syndicated loan transactions
Support Team Leader to execute their roles & responsibilities (refer to Team Leader job description)
To support team members within Agency MO
Assist development of team & group members as required
Contribute to the development and implementation of team & group initiatives in order to improve efficiency and controls and achieve strategic goals
Accountabilities & Responsibilities:
To be primary contact and undertake middle/front facing agency roles & responsibilities in accordance with the finance documents and internal procedures & controls on a portfolio of deals covering a range of sectors
Arrange and attend calls, meetings and site visits as required
Provide absence cover for colleagues or assistance during busy periods as and when required
On board new lender records using the Banks systems and participate in ongoing KYC reviews and static data maintenance as required
Ensure procedures and controls are observed at all times escalating issues in a timely manner
Attend and contribute constructively to team and group meetings
Escalate any issues or concerns in a timely manner
Assist team development by providing training & support when required
Help maintain good levels of moral within own team and wider group by being supportive, approachable and respectful at all times
Maintain good relationships both internally and externally ensuring the highest levels of professionalism and service at all times
Review new agency documents from an agents perspective and provide relevant feedback to the originating department or external legal counsel
Contribute to the development and implementation of initiatives and projects
Participate in system testing as required
Knowledge, Skills & Experience:
Good understanding of general banking operations/practices including loan administration, payments, treasury funding, static data control, document management and safe keeping
Understanding of legal and compliance matters relating to agent functions
Understanding of primary syndication and secondary trading processes
Basic understanding of accounting practices including provision of tax in relation to advisor and lender payments
Understanding of finance documents including facility agreements, security trust & intercreditor agreements, common term agreements & account bank agreements
Basic understanding of general market and best practices relating to loans
Good communication skills
Good interpersonal skills
Organised and accurate with the ability to work under pressure to tight timelines
Location:
This is a hybrid working role, with a requirement to work from the clients London office 2-3 days a week.
Working hours:
Standard working hours with some flex where required.
If you feel that this is a role that would suit you then please apply today.
If you do not hear from us within 48 hours of your application, please assume that you have been unsuccessful on this occasion.
The Adecco Group is an equal opportunities company