Loans Agency Operations
Our client, a global organisation, is seeking an experienced Loans Agency Operations Specialist to join their Deal Onboarding & Loan Agency team. This is a permanent role working on a hybrid basis of 3 days in the office and 2 days from home.
Role Overview:
The Team runs a deal from onboarding to day-to-day maintenance, transfers and termination. They have Sub-allocated teams to manage each process. The role we are currently hiring for supports the New Build process.
The successful candidate will have excellent working knowledge of operational Loan Documentation in order to extract key operational clauses in the form of a Term Sheet which will serve as a handover to the day-to-day loan administrator, to build the deal in Loan IQ, manage the first utilisation at closing which may involve complex funds flows and support the Relationship Manager on closing.
You will also support the Loans Agency Servicing team with the following tasks:
- Run and maintain a portfolio of varied deals ensuring a high level of service between both lenders and borrowers.
- Manage a deal from signing and completion, through to termination.
- Calculate redemption figures manually
- Bill and maintain a timely receipt of fees
- Process general Loan agency activities – drawdowns, rollovers, prepayments, fees
- General deal maintenance and ad hoc requests
- Audits
- Account reconciliation
- Review Loan Agreements at an operational level
- Work very closely with Relationship Managers
Requirements:
- Understanding of LMA loan agreements from an operational point of view.
- LoanIQ and Debtdomain knowledge is preferable but not essential
- Ability to work under pressure and prioritize tasks accordingly
- Strong work ethic, a proactive approach and a can do mentality
If you have the relevant experience and skills for this position, we would welcome your CV.