Our client, an incredibly successful Loan Service provider, is seeking an experienced Supervisor / Team Leader to oversee their Loans Agency team dealing specifically with Traded Deals
Team Leader duties:
- Provide oversight to all team members. Dealing with daily queries and escalation matters.
- Overseeing day to day operations – ensuring all staff members are following company procedures
- Provide training for junior staff to aid progression
- Hold 121’s with all team members monthly
- Provide updates / reporting to Head of Client Services and senior management
- Managing drawdowns, rollovers, rate fixes, pre-payments, redemptions, and maturities.
- Inputting relevant data into the system Solvas.
- Generating and sending notices to Borrowers and Lenders within specific timeframes.
- Receiving and checking SSI’s, initiating the call back process where necessary.
- Managing funds flow between Borrowers and Lenders.
- Making payments through Barclays.Net, arranging a foreign exchange transaction where appropriate.
- Calculating and payment of principal repayments, interest, commitment and other fees (including PIK and non-pro rata events)
- Reconciling accounts.
- Handling of transfers ensuring requests comply with the transaction documentation and the collection of transfer fees.
- Understanding of deal documentation for inputting into the system or responding to Borrower / Lender queries.
- Dealing with client queries in a timely manner.
- Timely escalation of relevant matters to Team Leader and/or Managers.
- Due diligence with regards to potential fraud, money laundering, and both financial and reputational risk to the business.
- All staff members are expected to take a block of leave of at least 10 day’s duration each year, unless they obtain management exception.
Experience required of the successful Loans candidate:
- Previous experience within Loans Administration or Loans Agency
- Previous experience of supervising a Loans team of any size
- Ability to multitask
- Ability to communicate at all levels within the business and with external clients
- Diligent, passionate, with a great work ethic