This is a great opportunity for a Loan Agency specialist to take more ownership and step into a Deal Manager position.
Must have:
- Experience setting up deals in Loan IQ
- Strong understanding of Credit & Facility agreements
- LMA specialist (some LSTA useful)
Preferred deal type (not a "must"): Aviation, EU/ UK Infrastructure, US Infrastructure Deals
DEAL MANAGER - LOAN OPERATIONS
Salary: £65,000Location: London
Keywords: Deal Manager, Loan Operations, London, £65,000
An exciting opportunity has arisen for a Deal Manager in the Loan Operations sector. This role is based in the vibrant city of London and offers a competitive salary of £65,000. The successful candidate will be joining a distinctive Specialist Bank known for its unique culture that encourages out-of-the-ordinary thinking and flourishing in an entrepreneurial environment. This role is ideal for those who are looking to boost their career in a flat structure organisation with a focus on internal mobility.
* Competitive salary of £65,000* Based in London* Opportunity to work in a distinctive Specialist Bank
What you'll do:
As a Deal Manager in Loan Operations, your role will be pivotal in facilitating Lending Business areas and wider group stakeholders. You will be responsible for managing transactions as effectively as possible, with risk mitigation and data quality being paramount. Your ability to review Draft Documentation at appropriate stages and suggest changes to improve the operational aspect of the transaction will be crucial. You will also be tasked with booking New Deals & Facilities in Lending Source System, ensuring accuracy of data capture. Your role will also involve managing initial pay away conditions in line with the New Deal / New Facility checklists and completing Security build in source booking system. Additionally, you will oversee overdue covenants and breaches for escalation (via BU Dashboard meetings) and produce Risk Event write ups and analysis to close out gaps and reduce risks within the operating environment.
* Facilitate Lending Business areas and wider group stakeholders to manage transactions effectively.* Ensure risk mitigation and data quality are at the forefront of the service provided.* Review Draft Documentation at appropriate stages, suggesting changes to improve the operational aspect of the transaction.* Book New Deals & Facilities in Lending Source System, ensuring accuracy of data capture.* Manage initial pay away conditions in line with the New Deal / New Facility checklists.* Complete Security build in source booking system.* Track all conditions subsequent, including Credit defined sell downs.* Reconcile Derivatives booking versus Loan profiles to ensure the hedge is effective (if applicable).* Oversee overdue covenants and breaches for escalation (via BU Dashboard meetings).* Produce Risk Event write ups and analysis to close out gaps and reduce risks within the operating environment.
What you bring:
The ideal candidate for this Deal Manager - Loan Operations role will bring strong experience over a broad and complex product range. You will have strong LoanIQ experience and the ability to build deals. Your ability to interpret and operationalise complex credit, ancillary & security documentation will be crucial in this role. A solid understanding of the lending risk environment is required, along with an understanding of downstream implications, including finance, funding, risk reporting (market, operational and credit). System knowledge and flexibility are also key, as you will need to navigate and adapt to changes through a constantly changing technical environment.
* Strong experience over a broad and complex product range.* Strong LoanIQ experience and ability to build deals.* Ability to interpret and operationalise complex credit, ancillary & security documentation.* Understanding of lending risk environment.* Understanding of downstream implications, including finance, funding, risk reporting (market, operational and credit).* System knowledge and flexibility, ability to navigate and adapt to changes through a constantly changing technical environment.
What sets this company apart:
This distinctive Specialist Bank is known for its unique culture that encourages out-of-the-ordinary thinking and flourishing in an entrepreneurial environment. The organisation combines a flat structure with a focus on internal mobility, providing employees with the opportunity to boost their careers. The company also offers a range of wellbeing benefits to make employees feel healthier, balanced and more fulfilled in their lives inside and outside of work.
What's next:
If you're ready to take your career to the next level in an exciting Deal Manager - Loan Operations role, don't hesitate!
Apply Today by clicking on the link!
Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates