Loans Administrator London (Hybrid working 3 days in office 2 days remote) 12 Month Contract £600 per day Umbrella
Are you ready for an exciting opportunity to join a dynamic and fast-paced team in the banking industry? Our client, a leading global financial institution, is seeking a talented and motivated Loans Administrator to join their dynamic and fast-paced Global Market Loans Operations team, supporting the Global Credit Trading desk within GBAM. Our team handles syndicated corporate loans, distressed loans, claims, bonds, equities, CDSs, and more in the secondary trading market.
Key Role and Daily Tasks
- Monitoring of loans trading positions under LMA & LSTA and bespoke documentation, for both performing and non-performing assets.
- Responsible for the agreement & payment of interest & repayments to the desks clients as sub participants.
- Work closely with Corporate Actions team on Loan restructurings that impact desk and client positions
- Liaise with other internal and external teams: Loan Closing, Legal, Conflicts, Compliance, Tax, on complex, bespoke transactions
- Support new transactions and ad-hoc requests from the Loan Trading and Origination desks
- Reviewing Loan documentation to ensure all required documents are in place for settlement.
- Responsible for the settlement of transactions in the Loans system of record ACBS, ensuring transfer fees, delayed comp and break funding are correctly recorded
- Work closely with operations subject matter experts globally to understand current state processes and coordinate effort to implement change
Skills & Qualifications
- Knowledge and understanding of secondary market trading, loan servicing, loan settlements or loan agency
- Excellent communications skills and proficiency with numbers/calculations.
- Ability to work under pressure in a team environment.
- Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
- Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate.
- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
- Excels in working among diverse viewpoints to determine the best path forward
- Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
- Commitment to challenging the status quo and promoting positive change.
- Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
- Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
If you are looking for a challenging and rewarding role within the banking industry, don't miss out on this opportunity. Apply now to join our client's team as a Loans Administrator and be part of a purpose-driven organisation that strives to make financial lives better through the power of every connection.
Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.
Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.