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Loan Agent Officer Syndication and Distribution

KennedyPearce Consulting
Posted 8 hours ago, valid for 11 days
Location

London, Greater London EC1R 0WX

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 London-based bank is seeking a Loan Agent Officer with a background in loan syndication and distribution.
  • The role involves administering and coordinating daily lending operations, primarily for syndicated loans.
  • Candidates should have at least two years of experience in the financial sector and excellent loan documentation skills.
  • The position offers a salary of £40,000 to £50,000, depending on experience.
  • Hybrid working arrangements are available, allowing for a combination of in-office and remote work.

London based Bank who offer Hybrid working currently seek a Loan Agent Officer with a proven background in Loan syndication and distribution

As the Loan Agent Officer you will administer and assist with the day-to-day co-ordination and administration of lending in relation to loan facility and security agent role, mainly for customers and lenders of syndicated loans.

JOB FUNCTION

Contribute loan distribution, loan portfolio management, risk management, and other planning and administrative matters related to the origination to distribution business, to enable the department to exercise effective administration and support to credit front, and control and reporting of the branch's business activities.

KEY RESPONSIBILITIES

  • Responsible for smoothly operating loan facility agent and security agent role within the department, executing its operations through close communication with both front offices and back offices
  • The role includes, but not limited to, provision of notice to lenders, correspondence with banks and financial institutions as well as borrowers, handling administrative tasks, asking the borrower to provide necessary information and circulate them to lenders, responding questions from the borrowers or lenders, calculating drawdown amount to correspond to the lenders, coordinating lender vote for waiver or amendment requests, documentation, discussing with external legal to draft amendment agreement during loan period.
  • Facilitate loan documents and other relevant documents from front offices and borrowers, and to share them with potential and existing lenders using email, software, and others.
  • Liaise, coordinate response to queries between borrowers and lenders, and administer loan operation defined in loan agreement.
  • Report and record swiftly and properly the situation and progress to Head of Department, and consult with Head of Department about what to do next in a proper manner.
  • To assist distribution activities by being involved in documentation, KYC process, deal closing, and
  • Assist with the design, testing and implementation of frameworks and systems for loan agent, performance monitoring, and business planning in relation to origination to distribution business and loan agent operations.

QUALIFICATIONS AND EXPERIENCE

  • Loan syndication and distribution administration experience is essential,
  • Excellent Loan Documentation and Loan facility/agreement experience is essential
  • A strong aptitude for statistics, coupled with at least two years' experience in the financial sector
  • 'A' level qualifications preferred.
  • Good PC skills, particularly with MS-PowerPoint and MS-Excel.

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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.