Loans Operations Associate

Position: Permanent

Salary: 45-55,000

Location: London

Job ID: JA1105LOA

[vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-user” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619eb5149e4″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-gbp” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef35454666″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-map-marker” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef34854665″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-hashtag” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619ef8cc060″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1549902118595{padding-top: 20px !important;}”][vc_column_text]A fantastic opportunity has arisen for a Loans Operation Associate to join a leading debt asset management business based in London and reporting into the Operations Manager.

 

Main Responsibilities of the Loans Operations Associate:

Working as part of a team to manage the loan portfolio the Loans Operations Associate will be responsible for;

Deal Funding

  • Assisting with queries prior to a deal funding including on KYC and tax;
  • Highlighting liquidity issues or other liquidity challenges such as international bank holidays;
  • Working with fund accounting to raise the appropriate finance;
  • Work with administrators and loan admins to ensure financing is paid appropriately
  • Experience with funding and settling secondary market loan and bond trades is desirable

Ensure internal systems are up to date and accurate

  • Ensure new deal bookings agree to the legal documents
  • Compare loan agent notices to WSO accruals
  • Ensure margin changes are accurately captured
  • Book FX, leverage and RCF amounts

Reconciliations and Controls

  • Perform the daily cash reconciliation and co-ordinate the resolution of breaks
  • Monitoring cash balances and proposing RCF repayments where appropriate
  • Perform the daily hedge check and ensure portfolio is accurately hedged
  • Monthly reconciliation to loan agents and Loan admins

System Improvement

  • Play an active role in the improvement of Operational systems and processes
  • Experience with WSO and Black Mountain is desirable but not essential

 

Skills Required of the Loans Operations Associate:

  • 2 plus years within a Loan Operations role essential
  • Degree education is desirable but not essential
  • Driven attitude with the desire to learn and develop with strong problem solving skills.
  • Co-operate with colleagues across the firm and promote successful team performance in line with strategic objectives.
  • Sets high standards of performance for self and strives to meet challenging objectives.
  • Considers own role within the commercial context and focusses on the client. Respects obligations to internal and external clients and investors and treat clients fairly.
  • Displays a positive and energetic attitude, gets involved and proactively seeks out opportunities to advance the business.
  • Consistently displays a ‘can-do’ attitude, perseveres in the face of setbacks and remains calm and professional under pressure.
  • Establishes and maintains good relationships and works effectively and cooperatively with others. Communicates constructively, engages others positively and readily shares information and ideas.
  • Seeks out insightful, smart ideas to raise personal and team standards. Demonstrates the ability to think creatively to find solutions.   Responds quickly and positively to change and maintains effectiveness when experiencing change. Invests time in learning new skills and gaining new experiences.

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