Loan Servicing Analyst – Private Debt

Position: Permanent

Salary: up to £65,000

Location: London

Job ID: JA0111LSA

An exciting new role has become available with our buyside private debt client who is based in London and Europe. We are seeking an experienced Loans Administrator to join a small, expanding loan servicing team who incorporated LoanIQ last year.

Main Responsibilities of the Loan Servicing Analyst:

  • Primary responsibility for maintaining the portfolio asset records in the loan servicing system across all funds
  • Liaise with internal and external stakeholders to meet key loan documentation or service provider obligations
  • Collaborate with the treasury and accounting team to facilitate investment funding and nav closings
  • Review legal documentation related to the investment and identify all pertinent information required for servicing
  • Book loans and other asset classes (current 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.
  • 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 investment funding and exit process / periodic NAV Closes
  • Collaborating with the treasury team and deal team to plan funds flow schedules and execute investment cash fundings, as well as deal exits
  • Work alongside the ‘Systems & Projects’ team to periodically enhance the existing loan servicing application configuration to optimise day-to-day operations
  • Provide core user feedback to the technical team and participate in testing to facilitate the implementation of process improvements

Skills and Experience Required of the Loan Servicing Analyst:

  • Loan Servicing experience (comparable fund environment or Loan Agency experience preferred) across various asset classes (pan-European)
  • Understanding of loan documentation
  • Established operational experience using Loan IQ or any comparable system.
  • Strong data mindset and control awareness
  • Strong problem solving and analytical skills
  • Excellent attention to detail
  • Good organisational and project management skills to priorities workload and keep key stakeholders informed
  • Self-motivated, team player with an independent working style.