Loan Administration / Middle Office - Loan IQ - City, London, United Kingdom, EC1A2
An international bank based in the City wish to recruit within the lending operations team, the purpose of the role is to act as the primary contact for all global lending activities and carry out the following duties:
Review of deal forum papers to identify complexities
Attending front end Lending Desk meetings to understand strategy and volume changes
Review of Draft Documentation at appropriate stages.
Deal Execution - Governance and Oversight of Initial Pay away conditions in line with New Deal Facility checklists
Booking of New Deals in LoanIQ or other appropriate Source Systems/Completion and Handover of Term/Deal Sheets to SA servicing teams.
Booking of Lending Collateral and ongoing oversight of valuation and booking accuracy
Completion of Covenant requirements for bookings
Oversight of arrears for communication with Business Lines, Credit and Credit support team
Strong experience over a broad and complex product range, including security and covenant management
Ability to interpret credit, ancillary and security documentation.
Understanding of downstream implications