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Loans Agency with Loan IQ

  • Location: London
  • Sector: Operations
  • Salary: £200 per day
  • Job type: Contract/Interim/Temporary
  • Date posted: 10/07/2017
  • Job reference: 25879

We are currently recruiting for a Loans Agency specialist to join a vibrant operations team within a leading international bank based in the City of London.

Key responsibilities will include:

  • Loans Agency administration including; acting as a Participant, processing drawdowns, rate fixes, rollovers, fees, transfers, cancellations and prepayments.
  • Both Committed/Uncommitted Bilateral administration including drawdowns, rate fixes, rollovers, fees, transfers, cancellations and prepayments.
  • Nostro Reconciliations and ongoing queries
  • Management Reporting and daily validations;
  • Sub-Participation / Risk-participation deal administration
  • SWIFT payments
  • Upfront/ Ongoing Fee administration

Key duties will include:

  • Prior loans agency experience and a strong background with Participation and Bilateral transactions
  • SWIFT payments and Nostro reconciliations experience required.
  • Prior system experience of Loans IQ is highly desirable.
  • Ability to work accurately under pressure, whilst consistently meeting established deadlines and work volumes.
  • Able to communicate both orally and in written form at all levels of seniority within the business.

This is an ongoing temporary position and the client is willing to pay a competitive market rate, depending on the level of candidate experience, for this opportunity.

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