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Senior Loans Operations Officer

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Senior Loans Operations Officer

  • Location:

    London

  • Sector:

    LMA UK Operations

  • Job type:

    Permanent

  • Salary:

    £60000 - £65000 per annum

  • Contact:

    Daniel Baker

  • Contact email:

    Daniel.Baker@lmarecruitment.com

  • Job ref:

    DB453d_1632481827

  • Published:

    30 days ago

  • Expiry date:

    2021-10-24

  • Client:

    LMA

I am currently working with a forward thinking and innovative bank who are looking for an experienced Loans Operations professional to join their expanding team.

This role reports in the Head of Loan Operations and you will be responsible for the day to day management of the Loan Operation team.

The role will focus on the full range of loan products to be offered by the bank, including term loans, revolving lines of credit, bridging loans, receivables financing, overdrafts in both Bi-lateral and syndicated loans.

Responsibilities of the role include:

  • Ensuring the recording new loan account details on all relevant bank systems, by accurately and promptly referring to; Documented credit decisions, including security requirements and other terms and conditions; Loan application form details and client instructions and details; Pre-defined process and procedural instructions; Documented product definitions.
  • Ensure that ongoing client account instructions are implemented efficiently and accurately, and critically, in the best interests of the client and the bank. This includes Facilitating loan draw downs, repayments and settlements; Applying account fees and charges in a timely and accurate manner; Calculating interest when amendments are needed to system records.
  • Development and analysis of KRI and performance MI for presentation to Head of Loans and other senior stakeholders.

To be successful in this role previous supervisory experience in a loan's operations environment is required. You must also have a strong understanding of LMA and LSTA style Loan documentation. In return they are offering a salary up to £65,000 plus a great benefits package and bonus.