Loan Analyst

Solutus Advisors Limited; Chorley; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading loan servicing firm is seeking a Loan Analyst in Chorley, UK. The successful candidate will assist with the administration and servicing of commercial real estate loans, ensuring the accuracy of communications and calculations. Key responsibilities include boarding new loans, preparing payments, and monitoring bank accounts. Essential skills include loan administration and proficiency in MS Excel. Join an organization that offers great benefits including annual holidays and a company healthcare scheme, all while working in a supportive environment.

Benefits

25 Holidays per year, plus UK bank holidays

Monday to Friday, no weekends

Free lunch last Friday of every month

Company Healthcare Scheme

Company Sick Pay

Employee Assistance Programme

Long Service Holiday Entitlement

Free on-site parking

Company Pension Scheme

Social evenings and team events

Qualifications

• Experience in loan administration or servicing in the financial services industry is required.
• Proficiency in MS Excel is crucial for creating loan interest calculation templates.
• Ability to manage multiple tasks under tight deadlines is essential.

Responsibilities

• Board new loans onto the loan management system as per loan Facility Agreements.
• Create periodic interest calculations and produce associated interest statements.
• Monitor and reconcile bank accounts weekly.

Skills

Loan administration / servicing

Knowledge of loan interest accruals

Proficiency in MS Excel

Sound analytical skills

Effective time management

Attention to detail

Tools

Microsoft Excel

Microsoft Word

Outlook

Job description

Company

Solutus, is a fully integrated loan servicing and advisory firm. The Solutus management team has in excess of 50 years of combined real estate experience and brings together a wealth of knowledge from a wide variety of backgrounds.

Position

We are currently looking to recruit a Loan Analyst to assist with the day-to-day administration and servicing of Corporate and Commercial real estate loans. The right candidate will ensure all calculations, payments and borrower and lender communications are accurate whilst adhering to current processes.

This is a full time, permanent role based in Chorley, Lancashire and due to location the driving licence is required.

Key Tasks & Responsibilities

• Boarding new loans onto the loan management system (LMS) as per loan Facility Agreements.
• Create Loan interest calculation templates in Microsoft Excel.
• Create periodic interest calculations from the LMS / Excel template and produce associated interest statements on each Interest Payment Date (IPD).
• Preparation of payments from both borrower bank accounts and Solutus accounts, including upkeep of the payment tracker. These include both manual and online payments.
• Daily monitoring of the Solutus bank accounts and weekly reconciliation of the GBP & EUR tracker accounts.
• General loan administration duties including preparation of billing notices / remittance reports, rate setting and maintenance of LMS.
• Calculation of Agency Fees and liaison with the Finance Dept. to arrange for associated invoices to be raised.
• Maintenance of Loan IPD / Fee Diaries.
• Maintenance of the Portfolio Database / Bank Account spreadsheets / Distribution Lists.
• Preparation of periodic client reports using both LMS and Excel.
• Calculation of Agency Fees and liaison with the Finance Dept. to arrange for associated invoices to be raised.
• Liaising with Loan Managers, lenders, clients and relevant third parties with regards to loan accrual queries / administration / audits.
• Working with the Management Team to provide ongoing improvement of the daily functions including any appropriate enhancement of the LMS.
• Carry out a range of project related tasks.
• Contribute towards the continual improvement of the various systems and processes within the Loan Operations Team.
• Respond to both internal and external queries in a timely manner.
• Support day-to-day activities of team to ensure accurate / timely delivery of services.
• Other functions relating to the operation of the business as needed.

Essential Skills & Experience

• Loan administration / servicing in the financial services industry.
• Knowledge of loan interest accruals.
• Proficiency in the use of MS Excel, Word and Outlook.
• Sound analytical skills.
• Effective time management and organisational skills.
• Ability to work in a fast-paced environment, running multiple tasks under tight deadlines.
• Attention to detail.

Desirable Skills & Experience

• Corporate and Commercial loan administration / servicing.
• Knowledge of electronic banking systems.
• Strong interpersonal skills and an ability to create and manage effective relationships with colleagues and stakeholders.
• Motivated to learn new skills and continue personal development.
• Good written and oral communication skills.
• Team Player and the ability to work independently.

Benefits

• 25 Holidays per year, plus UK bank holidays
• Monday to Friday, no weekends
• Dress down day and free lunch (last Friday of each month)
• Company Healthcare Scheme
• Company Sick Pay
• Employee Assistance Programme
• Long Service Holiday Entitlement
• Free on-site parking
• Company Pension Scheme
• Social evenings and team events

To apply for this position, please click on ‘APPLY’ and attach your most recent CV.