Loan Administration Officer
2 weeks ago
**Job details**:
- Posted 08 April 2024
- Salary £40000 - £45000 per annum + Hybrid + Excellent Benefits
- LocationCity of London
- Job type Permanent
- Discipline Banking Operations
- ReferencePB0804_1712598616
- Contact NamePaul Butterfill
**Job description**:
Our client, a London based bank who offer excellent benefits and Hybrid working currently seek a a Loan Administration Officer
As 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 deals
**Duties & 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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