Loan Administration Department Manager

Johnson & Associates; Greater London; Hybrid; GBP 51,000 - 85,000; Full time

Benefits offered by this job

Car allowance

Hybrid working

Job summary

Johnson & Associates in London is seeking an experienced Loan Administration Manager to lead end-to-end loan operations, ensuring accuracy and regulatory compliance. You will manage a high-performing team, overseeing LoanIQ-based processes and driving improvements across the function.

The role offers hybrid working arrangements, a competitive salary up to £85,000, and a car allowance of £6,300, depending on experience. Right to work in the UK is required.

Qualifications

• Bachelor's degree in Finance, Business, or related field.
• Minimum of 5 years’ banking experience.
• Proven experience in syndicated loan operations.

Responsibilities

• Oversee the team handling day-to-day loans administration, including processing, documentation, servicing and settlements.
• Ensure compliance with internal policies and regulatory frameworks.
• Lead, coach and develop the loans administration team with KPI and SLA monitoring.
• Act as escalation point for complex loan queries or issues.
• Maintain accurate loan records and reporting systems.
• Collaborate with credit and finance to support business objectives.
• Identify and implement process improvements to boost efficiency.
• Support audits and readiness for regulatory reviews.
• Manage relationships with internal and external stakeholders.
• Participate in ad-hoc projects as required.

Skills

Syndicated loans

Team leadership

LoanIQ

Attention to detail

Education

Bachelor's degree in Finance or related field

Job description

A well-established city based bank is seeking an experienced Loan Administration Manager to lead the end-to-end administration of loan products. This role offers the opportunity to oversee a high-performing team, drive operational improvements, and be part of a LoaniQ integration project.

Key Responsibilities

• Oversee the team responsible for day-to-day loans administration function, including processing, documentation, servicing, and settlements.
• Ensure all activities comply with internal policies and relevant regulatory frameworks.
• Lead, coach, and develop the loans administration team, monitoring workloads and performance against KPIs and SLAs.
• Act as the primary escalation point for complex loan queries or issues.
• Maintain accurate loan records and reporting systems.
• Collaborate with cross-functional teams, such as credit and finance, to support business objectives.
• Identify and implement process improvements to enhance efficiency.
• Support audits and ensure readiness for regulatory reviews.
• Manage relationships with internal and external stakeholders.
• Participate in ad-hoc projects as required.

Skills & Experience

• Essential: Proven experience in syndicated loan operations, with a strong understanding of lending products and processes.
• Essential: Previous team leadership or supervisory experience.
• Essential: Proficiency in loan management systems, such as LoanIQ
• Excellent attention to detail, organisational skills, and problem-solving abilities.

Qualifications

• Degree in Finance, Business, or a related field (essential).
• Minimum of 5 years’ banking experience.

Additional Information

Salary: Competitive, up to £85,000 plus a car allowance of £6,300, dependent on experience.

Hybrid Working: Within each 4-week period, employees are allowed to work up to 8 days from home.

Right to Work: Candidates must have the right to work in the UK.