Vice President, Loans Middle Office Loan Closing
3 weeks ago
We are working with our client with their search for a for a Vice President, Loans Middle Office Loan Closing to join their team on permanent basis.
Responsibilities include but are not limited to:
* Managing, coaching and steering Facility Onboarding team to ensure completion of accurate and timely closing of the Loan facility deals.
* Managing pipeline with the business areas for all Loan deal closing deals across EMEA..
* Responsible for detailed facility agreement review to ensure the clauses as Agency.
* Managing and steering the team to build the deals within Loan IQ, ensuring all data points are captured, for management of the loan after closing.
* Responsible for the facilitation of well-structured training and adequate supervision to ensure staff are well informed with the necessary tools and adequate oversight to perform their role well and to the standards expected by the Bank.
* Responsible for building effective relationships with all stakeholders to facilitate smooth transition from Pre-mandate to financial close and beyond into Loan Servicing.
* Co-ordinate across Operations to ensure the deal is processed in a timely manner.
* Act as escalation for direct team and the wider LMO team.
* To verify and validate transactions created by other staff to ensure precise and correct instructions are delivered to the appropriate processing areas for accurate error free execution
* Continually review and challenge processes and procedures to maximise efficiency and processes
* Ensure the creation and flow of information is accurate and timely to enable Management and stakeholders to act appropriately.
Skills and knowledge:
* Minimum GCSE (or equivalent) in core academic subjects
* A Level (or equivalent) preferred
* Additional language skills advantageous
* As this is a Vice President / SME position the candidate should possess considerable experience of working within a Financial Institution Middle Office Control function.
* Considerable operational experience of loan products
* Knowledge of all Agent roles covering Facility, Security Trustee, Collateral.
* Operational and administrative knowledge of the loan market.
* Experience in reviewing loan agreements.
* Experience of facilitating and chairing Lender, Borrower and Legal counsel calls in the role as Agent.
* Bi-lingual Proficient in up-to-date standard practices relative to the products administered within, Loans markets
* Proficient in the standard Microsoft Office suite (e.g. Outlook, MS Word, MS Excel)
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