Loan Administration Specialist

Nichols College; Dudley; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading educational institution is seeking a Full-Time position for a role focused on loan administration in Dudley. The ideal candidate will have at least 2 years of experience in bank debt operations, strong attention to detail, and excellent communication skills. Responsibilities include managing loan life cycle events and maintaining compliance with company policies. Preferred qualifications include knowledge of financial data providers and a degree in Finance, Accounting, or Economics.

Qualifications

• Minimum 2 years relevant work experience in bank debt / leveraged loan operations.
• Demonstrates flexibility and willingness to accept new assignments.
• Strong understanding of accounting principles regarding bank debt transactions.

Responsibilities

• Responsible for the bank loan life cycle events including paydowns and drawdowns.
• Review daily controls and ensure compliance with general company policies.
• Assist in testing and implementation of system enhancements.

Skills

Communication skills

Attention to detail

Time management

Decision-making

Education

Bachelor’s degree

Tools

Bloomberg

ClearPar

IHS Markit

Job description

and the job listing Expires on August 31, 2025

Full-Time Job, Internship Accounting, Data Analytics, Economics & Finance

• Understand of all aspects of loan or deal administration functions (including all aspects of funding).
• Be responsible for the bank loan life cycle events including paydown, drawdown, interest rate resets, payment-in-kind interest calculations, delayed compensation accruals / calculations and trade settlements
• Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties. Work closely with your clients to resolve queries and providing first level account service
• Create, maintain and update procedures for client specific deliverables
• Review of daily controls and communication of any new training or procedural changes to the team; ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
• Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation; work cooperatively and effectively with others to set goals, resolve problems, and make decisions that enhance organizational effectiveness
• Assist in testing and implementation of system enhancements as required

Required qualifications, capabilities, and skills:

• Bachelor’s degree, with minimum 2 years relevant work experience in bank debt / leveraged loan operations
• Excellent communication and relationship/partnership-building skills both with team members as well as other business partners
• Strong attention to detail with a control mindset, time management, planning skills and the ability to handle multiple competing priorities
• Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
• Strong decision-making skills, ability to identify problems and propose solutions. Exhibit initiative to raise issues to appropriate/relevant parties when needed.

Preferred qualifications, capabilities, and skills:

• Knowledge of LSTA/LMA standard documents, such as Trade Confirmations
• Knowledge of financial data providers such as Bloomberg, ClearPar, and IHS Markit; investment vehicles related to bank debt (CLOs, private equity funds, etc.)
• Strong understand of accounting principles, specifically how bank debt transactions impact financial statements
• Bachelor’s degree, preferably Finance, Accounting, or Economics