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Loan Administration / Middle Office - Loan IQ - City, London, United Kingdom, EC1A2

£55k

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

Experience:

Strong experience over a broad and complex product range, including security and covenant management

Ability to interpret credit, ancillary and security documentation.

Loan IQ

Understanding of downstream implications