Loans Administrator
2 days ago
Loans administrator 9687
Bromley
6-month contract
The client is looking for an individual to join our Loans Agency & Bi-lateral Team as a Credit Service Representative.
As a Loan Administrator working in an automated environment you will perform the servicing responsibilities for processing the Banks NA and DAC Ltd agented & bi-lateral Loan book and associated reconciliation functions, ensuring that all processing deadlinesare met, quality standards maintained and client expectations are strictly adhered to.
The Loans Agency & Bi-lateral Team is responsible for performing both the Facility Agent role on Syndicated Credit Agreements where the Banks entity is either the main Facility Agent or a Sub Agent, along with direct lending to Clients
This is a deadline driven and pressurised business unit liaising with Borrowers; EMEA Fulfillment; Participant Banks; Leveraged Finance and numerous internal groups on a frequent basis.
As a Credit Service Representative your main responsibilities will involve:
- Responsible for processing of Drawdowns, Rollovers, Rate Fixings, Assignments, Revaluations, fee calculations and Reconciliation
- Responsible for the booking and maintenance of the Loan portfolio in LIQ
- Responsible for supporting our Front Office business partners Fulfilment; Leveraged Finance; Portfolio Managers and SAG.
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As a Credit Service Representative your skills/competencies would ideally include:
- Experience of Loans - using of LIQ would be preferable but not compulsory
- Understanding of payment deadlines, positioning and disbursement of funds
- Team Player who works accurately & independently who takes ownership for driving results
- Excellent PC skills; Microsoft Excel to intermediate level would be preferable
- Able to take the initiative, without the need for ongoing supervision
- Flexible, under pressure
- Good communication skills at all levels & across all disciplines
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