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Head of Loan Documentation and Securities (LMA)

Montpellier Resourcing
Posted 2 days ago, valid for 9 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A leading International banking group in London is seeking a Head of Loan Documentation and Securities with a salary of up to £110,000 plus excellent bonus and benefits.
  • The role requires at least 10 years of experience in the legal field, particularly in drafting and negotiating lending documentation, as well as previous banking experience.
  • Key responsibilities include managing lending documentation, overseeing staff, ensuring compliance with regulations, and collaborating with external parties.
  • The ideal candidate should have strong people management skills, experience with LMA documentation, and a Bachelor’s degree or higher; a qualified lawyer is highly desirable.
  • The position offers hybrid working arrangements with four days in the office and one day from home.

Up to £110,000 plus excellent bonus and benefits

Hybrid working available (4 in office, 1 from home)

Due to exciting growth and expanding business needs, a brilliant opportunity has arisen to join a leading International banking group in the heart of London as they seek a Head of Loan Documentation and Securities to lead their department. You will be responsible for the oversight of all loan documentation and securities, ensuring all lending adheres to compliance and regulatory requirements, and the bank’s internal credit approval conditions.

Duties and Responsibilities of the Head of Loan Documentation and Securities:

Customer:

  • Manage lending documentation for contracts and post-contract needs.
  • Cultivate professional relationships with borrowers, agents, and third parties to address relevant inquiries.

Process:

  • Establish and implement lending documentation, security management, and banking system administration procedures.

People:

  • Oversee staff handling loan documentation and banking system administration.
  • Collaborate with business development and risk management to align loan documentation with credit approval conditions and client terms.
  • Coordinate with external parties for finance document preparation and negotiation.
  • Ensure clear communication of loan documentation processes to stakeholders.
  • Provide backup support for loan documentation and security staff.
  • Define departmental and individual goals, setting benchmarks for measurable processes.

Compliance & Risk Management:

  • Adhere to regulations, standards, and codes while maintaining integrity.
  • Implement risk control guidelines to identify, assess, report, mitigate, and monitor risks.
  • Align firm strategies and policies with Consumer Duty and Treat Customers Fairly obligations.
  • Participate in the Executive Committee as outlined in the Terms of Reference.

Requirements for the successful Head of Loan Documentation and Securities:

  • Educated to Bachelor undergraduate degree level or higher
  • Previous banking experience is essential, ideally gained within retail banking
  • Previous experience managing a team, with strong people management skills
  • At least 10 years experience in the legal field, or experience drafting and negotiating lending documentation
  • Strong experience on LMA documentation and commercial lending, and familiarity with LMA primary and secondary documentation is essential
  • Qualified lawyer highly desirable

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.