Loans Admin Associate

HSBC Group; City of Westminster; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global bank in London is seeking a Loan Agency Associate for a 12-month contract. This role involves managing daily operational activities related to syndicated loans, including facility setups and client interactions. The ideal candidate will possess strong knowledge of Loan IQ, excellent communication skills, and a proactive problem-solving attitude. The position is hybrid with 2 days in the office and offers a competitive daily rate. A customer-centric approach is essential to contribute to high-quality client service.

Qualifications

• Sound knowledge of Loan IQ and good understanding of the Syndicated Loan product.
• Strong communication skills for dealing with internal and external clients.
• Pro-active problem-solving attitude and ability to prioritize work.

Responsibilities

• Review documentation from an operational perspective.
• Manage Deal and Facility setup in Loan IQ.
• Perform Quality Assurance function on new deal setup.

Skills

Knowledge of Loan IQ

Communication skills

Organisational skills

Problem-solving attitude

Understanding of operational risk

Job description

Loan Agency Associate – London/Hybrid (2 days) – 12 Months £250 p/d PAYE

We are currently seeking an experienced individual to join this team in the role of Loans Administration Officer.

Role Purpose

The job holder will be responsible for carrying out a host of daily operational and oversight activities in relation to a book of syndicated loans in our role as Facility Agent. Including operational processing for the setting up of new / amendment deals, effective handling of related queries and acting as an escalation point on operational aspects for our City Offices as well as for Global & Commercial Banking Relationship Mangers/ Client Service Managers / Finance and Origination Teams. To continuously provide

Key Accountabilities

• Review of the documentation from an operational perspective
• Manage Deal and Facility setup in Loan IQ
• Coordinate with the Client Service and Transaction Manager on the operational aspects of the closing process (initial drawdown / fees, conditions precedent etc)
• Coordinate with operational City Sites for static data set up including SSI’s and Call Back, and ensure key static has been set up in a timely manner
• Perform Quality Assurance function on new deal set up and amendments
• Set up Deal in Loan IQ for new transactions and complex amendments based on the facility agreement
• Margin changes – maintaining ratios, covenants
• Fee settlement & billing (commitment, utilisation, SBLC, waiver, agency & upfront)

Experience / Knowledge

• Hold a sound knowledge of Loan IQ & a good understanding of the Syndicated Loan product and market
• Detailed understanding of LMA documentation for Agency deals
• Strong communication skills to deal with internal and external clients both written and verbally
• Strong organisational skills and the ability to prioritise work, to ensure transaction deadlines are achieved
• Pro‑active problem‑solving attitude
• Experience of primary syndication and/or secondary trading is desired
• Able to deliver high accuracy and volume of work to excellent standards under pressure
• Experience across more complex loans books such as Commercial Real Estate, Leveraged and Acquisition Finance, Export Credit Agency, and Project Finance desirable
• Strong understanding of operational risk
• Client focused, with a proven record of commitment to excellent customer service

Please note, in the event of a high volume of applications for this role, we are only able to reach out to successful applications in the first instance.

High quality client service to achieve maximum customer satisfaction ensuring we place the client at the heart of everything we do which embraces our client centric culture. Ensure effective and regular dialogue is in place with our operational teams in City Offices ensuring constant collaboration, sharing of updates and best practices to ensure consistency in performance.

Responsible for reviewing procedures and related MI with the ability to interpret the information so effective analysis can be performed. To maintain HSBC internal control standards, including the timely implementation of any internal and external audit points.