Senior Loan Accountant

SS&C Technologies; England; On-site; GBP 55,000 - 75,000; Full time

Job summary

A financial services firm in the United Kingdom is seeking a Senior Loan Administrator / Accountant to manage loan servicing and accounting functions for commercial mortgage portfolios. The candidate should have a relevant degree, experience in loan administration, strong communication skills, and proficiency in Microsoft Office, especially Excel. The role involves processing loan payments, generating statements, and maintaining compliance. This position values diversity and encourages applications from all backgrounds.

Qualifications

• Minimum of a BS degree or equivalent.
• Experience in commercial real estate loan administration or accounting is essential.
• Ability to work independently and meet deadlines.
• Self-starter; able to work independently to meet deliverables.
• Ability to identify processing issues and formulate resolutions.
• Experience with ESMA reporting (nice to have).
• Strong communication with internal/external contacts.
• Strong analytical skills; highly organized in a deadline-driven environment.
• Proficiency with Microsoft Office; advanced Excel.
• Basic proficiency in Microsoft SQL.

Responsibilities

• Perform daily and monthly loan servicing processes.
• Upload newly originated purchased loans onto servicing software.
• Process loan cash transactions and monitor cash accounts.
• Monitor that loans are not in breach of any covenant agreements.
• Track and update collateral and compliance on loans including rent rolls and operating statements.
• Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sales, etc.
• Monitor cash accounts and reconcile loan payments received from borrowers.
• Produce month end servicing reports and any other ad hoc management reports as requested by client.
• Perform critical self-review of work product prior to submission to client and/or supervisor.
• Contribute to other ad hoc inquiries and assist on internal projects.
• Liaise with clients and internal contacts on a day to day basis.

Skills

Loan servicing

Accounting

Analytical skills

Communication

Proficiency in Microsoft Excel

Education

Bachelor's degree or equivalent

Tools

Microsoft SQL

Excel

Microsoft Office

Job description

Overview

Position Overview: The Senior Loan Administrator / Accountant’s responsibilities include performing loan servicing and loan accounting functions on assigned commercial mortgage portfolios. The individual will be responsible for uploading loans onto SS&C’s loan servicing software, processing loan payments, generating billing statements, processing escrow disbursement, generating payoff letters, and handling loan inquiries from both loan borrowers and mortgage lender clients. The Senior Loan Administrator / Accountant will also be responsible for calculating expected credit loss on loan portfolios based on published risk criteria.

Key Responsibilities

• Perform daily and monthly loan servicing processes, loan balance / GL reconciliation, and reporting functions.
• Upload newly originated / purchased loans onto SS&C loan servicing software and send welcome package to borrower.
• Generate various loan notices such as billing statements, maturity notices, late payment notices, payoff statements, etc.
• Monitor that loans are not in breach of any covenant agreements.
• Track and update collateral and compliance on loans including rent rolls and operating statements.
• Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sales, etc.
• Monitor cash accounts and reconcile loan payments received from borrowers.
• Produce month end servicing reports and any other ad hoc management reports as requested by client.
• Perform critical self-review of work product prior to submission to client and/or supervisor.
• Contribute to other ad hoc inquiries and assist on internal projects.
• Liaise with clients and internal contacts on a day to day basis.

Qualifications / Desired Attributes

• Minimum of a BS degree or equivalent.
• Relevant experience in commercial real estate loan administration or accounting is essential.
• Experience doing servicing or loan administration for complex commercial loans is preferable (e.g., construction loans).
• Self-starter and ability to work independently to meet daily, monthly, and project deliverables.
• Ability to identify processing issues and formulate resolutions.
• Experience with ESMA reporting is nice to have.
• Strong ability to communicate professionally with internal / external contacts.
• Strong analytical skills and ability to remain highly organized in a deadline-driven environment while maintaining strict attention to detail.
• Proficiency with Microsoft Office suite, with advanced working knowledge of Excel.
• Basic proficiency in Microsoft SQL preferred.

We encourage applications from people of all backgrounds and particularly welcome applications from under-represented groups, to enable us to bring a diversity of perspectives to our thinking and conversation. It\'s important to us that we strive to have a workforce that is diverse in the widest sense.

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.