TEKsystems
Loan Operations Specialist
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Loans/Agency Documentation Lending Fulfillment Specialist
Role Description:
This job is responsible for preparing and reviewing documentation in accordance with the bank's policies and procedures to facilitate closings with the client and ensure lien perfection. Key responsibilities include working on highly complex documentation, supporting Loan Administrators with their primary responsibilities, and assisting the Market Leader in directing workflow and performing quality assurance. Job expectations include working with company vendors, legal counsel, line partners, and clients to ensure world-class documentation accuracy.
Responsibilities:
- Ensures that loan documentation and lien perfection meet bank policies and procedures and that work products are delivered in an accurately and timely manner
- Leads documentation, due diligence and collateral perfection, and monitoring of loan documentation for a specific market segment
- Reviews documents for accuracy, timely delivery, and necessary research requirements to ensure documentation reflects the appropriate transactional information and elimination of controllable rework
- Reviews the loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements
- Designs a robust filing and organizational process to assist in completing primary financial booking and initial loan funding
- Works closely with Client Managers, Credit and Portfolio Officers, agency management, internal and external legal counsel, and many internal operational support units to ensure seamless execution of transactions
What we are looking for:
- Loan Administration/ Loans & Agency Documentation Experience Essential
- Loan product knowledge preferable
- Loan IQ preferable
- Customer and Client Focus
- Microsoft Excel Experience will be an advantage
- Data Collection and Entry
Skills that will help:
- Excellent organisational and prioritisation skills
- Excellent communication skills at all levels
- Attention to detail
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Loan Administrator
Role Description:
An opportunity has arisen to join the Loans Agency & Bi-lateral Servicing & Operations Team. The successful candidate will work in a dedicated Servicing team of 12 reporting to the section manager. The Loans Agency & Bi-lateral Team is responsible for performing both the Facility Agent role on Syndicated Credit Agreements where a Bank of America entity is either the main Facility Agent or a Sub Agent, along with direct lending to Clients. The team acts as the front end for the bank for all clients and lenders related queries.
Responsibilities:
- You will be responsible for your own portfolio of agented and directs deals
- You will be the first point of contact for clients
- You will be responsible for processing of Drawdowns, Rollovers, Rate Fixings, Assignments, Revaluations, fee calculations, and Reconciliation
- You will be responsible for the booking and maintenance of the Loan portfolio in LoanIQ
- You will be responsible for supporting our Front Office business partners Agency Management, Fulfilment; Leveraged Finance; Portfolio Managers, Asset Based Lending, and SAG
- You will be a point of contact for supporting our syndicated operations team
What we are looking for:
- You will have performed a similar role previously and have a deep understanding of maintaining a loan portfolio
- You will be able to act independently and apply a risk-based approach
- LoanIQ Experience preferable
- You will have excellent knowledge of lending, servicing, and loans
- You will have excellent organisational and prioritisation skills
- You will have excellent communication skills at all levels
- You will have some previous team lead Experience
Skills that will help (optional):
- Previous documentation Experience would be a keen advantage
- Microsoft Excel Experience will be an advantage
- Having an analytical mindset will be a plus
Job Title: Loan Operations Specialist
Location: Bromley, UK
Rate/Salary: 300.00 - 400.00 GBP Daily
Job Type: Contract
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Trading as TEKsystems. Allegis Group Limited, Maxis 2, Western Road, Bracknell, RG12 1RT, United Kingdom. No. 2876353. Allegis Group Limited operates as an Employment Business and Employment Agency as set out in the Conduct of Employment Agencies and Employment Businesses Regulations 2003. TEKsystems is a company within the Allegis Group network of companies (collectively referred to as "Allegis Group"). Aerotek, Aston Carter, EASi, Talentis Solutions, TEKsystems, Stamford Consultants, and The Stamford Group are Allegis Group brands.
If you apply, your personal data will be processed as described in the Allegis Group Online Privacy Notice available at https://www.allegisgroup.com/en-gb/privacy-notices.
To access our Online Privacy Notice, which explains what information we may collect, use, share, and store about you, and describes your rights and choices about this, please go to https://www.allegisgroup.com/en-gb/privacy-notices.
We are part of a global network of companies and as a result, the personal data you provide will be shared within Allegis Group and transferred and processed outside the UK, Switzerland, and European Economic Area subject to the protections described in the Allegis Group Online Privacy Notice. We store personal data in the UK, EEA, Switzerland, and the USA. If you would like to exercise your privacy rights, please visit the "Contacting Us" section of our Online Privacy Notice at https://www.allegisgroup.com/en-gb/privacy-notices for details on how to contact us. To protect your privacy and security, we may take steps to verify your identity, such as a password and user ID if there is an account associated with your request, or identifying information such as your address or date of birth, before proceeding with your request. If you are resident in the UK, EEA, or Switzerland, we will process any access request you make in accordance with our commitments under the UK Data Protection Act, EU-U.S. Privacy Shield, or the Swiss-U.S. Privacy Shield.
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