Head of Loan Operations

4 days ago

London, Greater London, United Kingdom KennedyPearce Consulting Full time

Kennedy Pearce Consulting is partnering with a leading international bank to recruit a Head of Loan Administration. This is an exciting opportunity for a seasoned professional to lead a team of loan administrators and drive business growth.

As the Head of Loan Administration, you will be responsible for overseeing the day-to-day operations of the loan administration department. This includes managing a team of loan administrators, ensuring accurate and timely processing of loan facilities, and maintaining strong relationships with internal stakeholders and external counterparties.

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 loan administration staff on reporting issues.
  • Assume overall responsibility for the loan 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 program.
  • 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.

Qualifications and Experience:

  • 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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