Loans Agency Operations

Position: Permanent

Salary: £50,000

Location: London

Job ID: JA1104LAO

Our city based client is seeking a Loans Operations specialist to manage a varied portfolio of Loan Agency deals utilising LoanIQ (LoanIQ is not a pre requisite)

The role offers a lot of opportunity and growth across the team where they also cover secondary trading, new deal builds and escrow/paying agent deals which candidates can also be involved in.

Main Responsibilities of the Loans Agency Operations Specialist:

  • Leads all aspects of Global Capital Markets trust or entity administration and servicing of high net-worth private and institutional clients.
  • Supports senior account relationship managers.
  • Serve as administrator for large (as defined by business) and/or highly complex clients.
  • Serves as primary point of contact or relationship lead for client.
  • Maintains daily contact with clients to address general inquiries and/or facilitate client requests.
  • Processes all related transactions, including collecting critical documents, processing cash disbursements, trades and account balances, establishing new accounts and facilitating client requests for discretionary distributions and trust terminations.
  • Ensures proper administrative management for accounts under responsibility.

The successful candidate will be assigned portfolio deals and will be expected to:

  • 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
  • Monitor waivers and Amendments – from initial consent stage, to closing stage.
  • Process Amendment and Restatements
  • General deal maintenance and ad hoc requests
  • Audits
  • Account reconciliation
  • Review Loan Agreements at an operational level
  • Work very closely with Relationship Managers

Experience and skills required of the Loans Agency Operations Specialist:

  • Loan Agency / Administration  Experience
  • Understanding of operational loan agreements
  • Ability to work under pressure and prioritize tasks accordingly
  • Strong work ethic, a proactive approach and a can-do mentality
  • Excellent communication skills and professionalism