Lending Operations

 

Job Description

Our client is a leading financial institution based in the city of London. An opportunity has arisen for an Associate to join the Lending Operations team.

Duties will include:

Loans

  • Prepare and provide the MM Traders with a daily Funding sheet of loan activity
  • Provide the MM Traders with a daily Prime Position sheet
  • Input new borrowings, rollovers, repayments, and draw downs in Loan IQ system
  • Process all Bilateral transactions in Loan IQ
  • Send out rate setting notices to our direct clients
  • Send out intent and rate setting notices for the deals agented bythe client
  • Prepare payment templates for new borrowings and draw downs
  • Process all interest and fees in Loan IQ system
  • Input the FX and Daily Libor rates in Loan IQ
  • Maintain the Loan files

LCs

  • Prepare the Letter of Credit for new issuances
  • Process new Letter of Credit deals in Loan IQ system
  • Input new issuances, increases, decreases and extensions in Loan IQ system
  • Input Bank LC exposures in Credient
  • Process LC fees in Loan IQ system
  • Process monthly Interest draws
  • The ideal candidate will have:

The ideal candidate will have +5 years within a similar role with a good understanding of processes and systems

  • Experience of market based systems such as LoanIQ and Swift
  • Good Team player with excellent communication skills.
  • All facets of the Loan life cycle
  • All facets of the LC life cycle.
  • Agency

In return you can expect a competitive package with benefits and a great working culture.

To be considered for this role please click apply now

PLEASE SEE OUR PRIVACY STATEMENT

 

Consultant Details

Maz Matin

Maz Matin

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Consultant
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+44 207 199 6262

Job Summary

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City Of London
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Permanent
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Ref ID: MM1010
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20/07/2022
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£55000 - £65000

Apply now