Loans Administration Officer

JR United Kingdom; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading company in the financial sector is seeking a Loans Administration Officer to manage loan products for HSBC Innovation Banking clients. The role involves overseeing the lifecycle of loan transactions, ensuring accurate account management, and requires expertise in Loan IQ and loan documentation. This position offers a dynamic environment with opportunities for professional growth.

Qualifications

• Experience in loan operations with knowledge of loan documentation.
• Proficiency in Loan IQ is essential.

Responsibilities

• Manage lifecycle events of Agency and bi-lateral transactions.
• Record new loan account details accurately.
• Facilitate loan drawdowns, repayments, and settlements.

Skills

Understanding of LMA and LSTA style Loan documentation

Loan IQ experience

Job description

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If you’re looking for a career that will help you stand out, join HSBC, and fulfill your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support, and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of Loans Administration Officer.

The Supplier Manager is a contract role expected to provide Subject Matter Expertise across Third Party Management for our most Material and complex Third Parties. The role will support the uplift of engagements with strategic Third-Party technology service providers to align with the standards set out in HSBC Technology Governance Framework and work with key stakeholders to drive improved operational resiliency and service delivery in a commercially optimal manner.

Key Accountabilities:

Loan Operations is responsible for the servicing and processing of all loan products offered to HSBC Innovation Banking clients.

Reporting to the Senior Loan Operations Manager, the role will focus on the full range of loan products to be offered by the bank, including term loans, revolving lines of credit, bridging loans, receivables financing, overdrafts in both Bi-lateral and syndicated loans.

The role encompasses and has the following principal responsibilities:

• Manage the ongoing lifecycle events of Agency and bi-lateral transactions working closely with our front office stakeholders and Transaction Management Group (TMG).
• Record new loan account details on all relevant bank systems, by accurately and promptly referring to: Documented credit decisions, including security requirements and other terms and conditions; Loan application form details and client instructions; pre-defined process and procedural instructions; Documented product definitions.
• Ensure that ongoing client account instructions are implemented efficiently and accurately, and critically, in the best interests of the client and the bank. This includes facilitating loan drawdowns, repayments, and settlements, and applying account fees and charges in a timely and accurate manner.

Experience / Knowledge:

• Understanding of LMA and LSTA style Loan documentation.
• Loan IQ experience is essential for this role.

If you think you are up for the task and meet the above criteria or are interested to hear more information, please contact me at [emailprotected].

Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. If you have not been contacted within 7 days, we will not be progressing with your application. Thank you for your understanding.