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Loan Administration Officer

Job LocationCity of London
EducationNot Mentioned
Salary£40,000 - £45,000 per annum, inc benefits, OTE
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

Our client, a London based bank who offer excellent benefits and Hybrid working currently seek a a Loan Administration OfficerAs a Loan Administration Officer you will be responsible for the administration of a portfolio of UK and overseas corporate Loan facilities consisting of syndicated, agent and bilateral dealsDuties & Responsibilities

  • Calculation, claiming and reconciliation of fees and interest
  • Liaise with Loan Administration Departments of other banks regarding instructions under syndicated transactions
  • Receive instructions from bilateral customers and act upon these in the appropriate manner
  • Manage agency loans administration throughout the loan life cycle.
  • Process general Loan agency activities - drawdowns, rollovers, prepayments, fees
  • General deal maintenance
  • Reviewing Loan Facility documentation
Essential Experience Required
  • Loan Administration or Loan Agency experience required
  • Knowledge and experience of formatting Swift messages
  • Knowledge and experience of LoanIQ is desired due to ongoing system migration project.

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