Loan Operations Specialist

Recruiter
Johnson & Associates Rec Specialists
Location
London (Greater)
Salary
Up to £52,000
Posted
09 Oct 2017
Closes
07 Nov 2017
Sector
Accountancy
Contract Type
Contract
Hours
Full Time
Our Client, one of Europe's leading Investment Management firms, are recruiting a Loan Operations Specialist for a 12 month fixed term contract.

Main Responsibilities of a Loan Operations Specialist:

- Work within a team which is responsible for the instruction and settlement of Leveraged Loans and the management of all life cycle activities until maturity.
- Settlement of trades including documentation, SSI's, instrument set-up & payments on internal systems, trade deal tickets and settlement via swift.
- Daily processing of rollovers, rate fixings, drawdowns and all aspects of the loans processing area within departmental guidelines.
- Instruction of full & partial capital repayments and monitoring.
- Responsibility for loan documentation which is held by our custodians including a monthly reconciliation.
- Calculation of monthly interest due
- Stock and Cash reconciliations
- Daily liaison with the Front Office, providing administrative support and to resolve problems and queries with underlying assets.
- Build and maintain relationships with agents, Fund TPA's, Borrowers, and the Front Office.
- Review and clearing of any cash/stock breaks within designated timescales.
- Reconciliation and reporting of internal systems to counterparty and TPA records.

The successful Loan Operations Specialist will have:

- You will require suitable experience within a Loans Administration / Settlement role.
- You will possess an excellent level of accuracy and attention to detail.
- Payments knowledge, (specifically swift - MT202'/MT103's) is also highly sought after for this role, as are excellent IT skills (Microsoft Office, particularly Excel).
- You will have your strong planning and organisational skills, which you will use to work to strict deadlines, under pressure from both internal and external clients.