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Loan Agency Administration

Posted 11 days 19 hours ago by Kennedy Pearce Consulting

Permanent
Full Time
Other
England, United Kingdom
Job Description

We are currently partnering with a leading international bank based in the City of London, who offer Hybrid working in recruiting a Loan Agency Administrator to work on an inital 12 month daily rate contract

Daily Rate: £350 - £375 all inclusive rate,

Location: London, City

Only candidates with the following Essential Industry Experience will be considered: Loan Administration or Loan Agency experience required from Banking experience also desirableor Financial serices

KEY RESPONSIBILITIES
  • Process the day-to-day administration of loan facilities to UK and overseas corporate customers
  • BAU Loans admin processing - rollovers, rate fixing, drawdowns etc for syndicated, bilateral and agency loans
  • To undertake initial "first-checking" duties in relation to work prepared by
  • Assist with the continuing development of any junior Loan Administration staff.
  • Minimize the occurrence of operational incidents through a conscientious approach to daily duties and to ensure any relevant issues are reported to the Loan Administration Manager or Assistant Manager in timely fashion.
  • Liaise with Loan Administration Departments of other banks regarding instructions under syndicated transactions and occasionally with the branch's Global Banking Unit departments
ESSENTIAL SKILLS AND EXPERIENCE
  • Highly knowledgaable in all aspects of loans admin processing - rollovers, rate fixing, drawdowns etc for syndicated, bilateral and agency loans
  • Strong proven loans admin skills covering syndicated and bilateral loans gained within banking
  • Knowledge and experience of LoanIQ is desired due to ongoing system migration project
  • Capable of interpreting legal loan documentation

£85000 - £120000 per annum + Hybrid working,

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