Loan Administration Director

7 days ago

City of London, United Kingdom KennedyPearce Consulting Full time
Job Overview

KennedyPearce Consulting is partnering with a leading International Bank to recruit a Head of Loan Administration. This is an exciting opportunity to join a dynamic team and contribute to the success of the organization.

The successful candidate will have previous experience in leading a Loan Administration Department and will be responsible for managing a team of professionals.

Key Responsibilities:

  • Assist the Loan Administration Manager(s) and Assistant Manager(s) with the preparation and control of the department's monthly reporting function and provide guidance and training to all Loans Admin staff on reporting issues.
  • Assist with the calculation of settlement figures and liaison with counterparties in respect of secondary loan trades and provide signature for executed Pricing Letters.
  • Assume overall responsibility for the Loans Administration Department to maintain accurate repayment schedules.
  • Coordinate and facilitate the planning of training within the department and develop the individual roles of all Loan Administration staff through implementation of a thorough cross-training and development programme.
  • Demonstrate a solid understanding of documentation issues and conduct thorough reviews, raising any administrative matters with the relevant Global Banking Unit Department.
  • Ensure that loan facilities and the booking of transactions are accurately and comprehensively booked in the firm's records.
  • Liaise with Loan Administration departments of other banks regarding instructions relating to syndicated loan transactions.

Requirements:

  • Previous proven leadership and management experience of a Loan Administration Department, preferably from within the banking Industry.
  • Ability to drive change and improve daily processes in the department, displaying attention to detail and a willingness to take responsibility and ownership in order to resolve problems.

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