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:
- 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
- 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.
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
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