Our client, a leading global alternative investment specialist is looking for a Loan Servicing Analyst with previous LoanIQ experience, to join their Treasury & Loan Servicing team on a 12-month FTC.
Utilising your Loan Servicing experience across various asset classes you will be reporting to the Loan Servicing Manager, within a four-person team, to deliver a broad set of technical and commercial responsibilities.
Responsibilities of the successful Loan Servicing Analyst:
- Review legal documentation and identify all pertinent information required for servicing;
- Book loans and other asset classes (system: Loan IQ) and manage all related activity such as interest and fee payments, drawdowns, rollovers, prepayments and ad hoc payments;
- Perform the agency role – calculation, notice generation and distribution and responding to queries;
- Liaise with third party agents for loan activity. Identify any operational breaks, investigate / diagnose and take the necessary steps to remediate matters as they arise;
- Administer and capture covenant changes, waivers and amendments, assist with the processing of lender transfers as required;
- Respond to lender / borrower queries that relate to the underlying portfolio assets. Facilitate periodic NAV closes and executing cash tasks
- Coordinating with the accounting team on a periodic basis to match data feeds to ensure integrity of the portfolio data
- Assist with daily cash tasks including initiating, monitoring and processing in online bank portals
Requirements & Key Skills:
- Loan Servicing experience
- Established operational experience using Loan IQ
- Ability to calculate loan interest, fees, process drawdowns, rollovers etc.;
- Strong MS office application skills; Excel proficiency;
- Ability to assimilate and adapt quickly to new applications;
- Excellent attention to detail