Loans Administration Officer

2 months ago


London, Greater London, United Kingdom Kennedy Pearce Consulting Full time
Are you a Loans processing specialist with experience in facility documentation and MRPA (master risk participation agreements) processing activities?Available for a 12 month FTC role with benefitsSalary circa £60k
If you are, please get in touch. Our client an international bank in London who offer Hybrid working seek an experienced Loans individual to process all bilateral and syndicated loan activities (drawdown, rollover, repayment, interest and fee payments) across their corporate portfolio

Key Responsibilities

Establish a process for the management and accurate recording and reporting of MRPAs and appropriate control framework around this
Support the roll out of the Bank's Islamic finance proposition ensuring systems and processes are in placeWork with stakeholders and the IT department to work on establishing MRPAs as a product in the Bank's systemsMaintain records of drawdowns, drawn and undrawn commitments, collaterals, MRPACheck Loan documentation and associated payments, processing of new loans and re-setsReview documentation including facility agreements, credit approvals, legal sign-offs to facilitate proper execution of the dealsMonitor the drawdown instructions received from customers or agent banks for completeness and accuracyEnsure collaterals and conditions precedents are in place prior to authorising loans draw down
Essential Experience Required;

* Experience in MRPA (Master Risk Participation Agreements) is highly desirable
* Experience in Loan Administration/Middle Office operations within a banking environment
* Loans documentation review to retrieve operational information from facility agreement
* Experience in Experience in Islamic Financing would be advantageous

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