Credit Administration Associate

Gold Group; Royal Borough of Greenwich; On-site; GBP 80,000 - 90,000; Full time

Job summary

Gold Group in Central London is seeking a Credit Administration Associate to join a professional team handling syndicated and bilateral UK and European investment and development loans. You will interpret LMA facility clauses, manage warehouse/construction deals, and build cash flow models with waterfalls, while supporting borrower reporting.

You will coordinate with lenders, borrowers and their lawyers on amendments, waivers, and redemptions, and manage transfers and drawdowns across the loan

Qualifications

• Understanding and interpreting LMA facility agreements and their clauses.
• Warehouse or construction deals experience.
• Creating cash flow models, including waterfall payment processes.

Responsibilities

• Review finance documents pre-close and during the life of the loan.
• Create financial models and borrower reporting in line with finance documents.
• Liaise with borrowers and their representatives to ensure timely reporting under finance documents.
• Coordinate with lenders, borrowers and lawyers on loan amendments, waivers and redemptions.
• Process transfers, set up waterfalls and review back-office calculations.
• Liaise with project monitors, borrowers and lenders on drawdowns and lender splits.
• Instruct valuations.

Skills

LMA facility knowledge

Loan servicing

Cash flow modelling

Tools

Excel

Job description

Credit Administration Associate, Central London

c£80,000 - c£90,000 base salary, bonus, and benefits

Our client, a leading Financial Services business, is looking to appoint someone who has experience of the following:

• - Understanding and interpreting LMA facility agreements and their clauses
• - Warehouse or construction deals
• - Creating cash flow models, including waterfall payment processes

If you have the above 3 bullet points of experienced ticked off, this may be a fantastic opportunity for you.

Based in Central London sitting within a highly professional team of specialists, you will play a key role in managing a portfolio of syndicated and bilateral UK and European investment and development loans, reviewing finance documents prior to loan close and through the life of the loan.

You will create financial models, diarising conditions subsequent, construction milestones and any other significant events, including the provision of borrower reporting, in-line with the relevant finance documents.

Liaising with borrowers and their representatives in relation to ensuring reporting and other information required under the relevant finance documents are provided in a timely manner.

Coordinating with lenders, borrowers and their respective lawyers in respect to loan redemptions, restructuring, amendments, waivers and other adhoc requests.

Processing transfers, setting up waterfalls and reviewing back-office calculations.

Liaising with project monitors, borrowers and lenders with regard to drawdowns and calculating lender splits, if required.

Instructing valuations.

About you:

• 5+ years of loan servicing experience in finance, real estate or a related field.
• Solid analytical skills with interim to advanced level ability of Excel.
• Strong organisational and communication skills and ability to work collaboratively.
• Ability to thrive in a dynamic environment while prioritizing and meeting competing deadlines.