Loan Operations Analyst - Bilateral Loans
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Job Type | Permanent |
Area | City, UK |
Sector | BankingOperations |
Salary | up to £50k + benefits |
Currency | GBP |
Start Date | |
Job Ref | VAC-12415 |
Job Views | 439 |
- Description
- An exciting opportunity has arisen within an International Banking group in the City for an experienced Loan Operations Analyst to join their Lending Operations team. The successful candidate will be responsible all administrative tasks in relation to loan facilities, ensuring the tasks are carried out promptly and accurately. To be considered for this role, candidates must have recent, relevant loans administration experience ideally focused on bilateral loans together with familiarity with LMA documentation experience.Duties will include:
- Ensure that the inputs for credit facilities on the internal loan system adhere to approved credit proposals and are properly maintained and updated.
- Process loan drawdowns, settlements, prepayments and repayments
- Interest calculations
- Apply fees and charges
- Prepare and check all drawdown letters, interest confirmations and redemption figure letters are issued to clients.
- Monitor the progress of facilities which are due for maturity
- Providing quality assurance by ensuring any errors or areas of weakness are resolved in a timely manner
- Produce and review reports
This successful candidate must have at last 2 years experience gained within loan operations (bilateral loans administration experience preferred).