Kennedy Pearce are partnering with a leading International London based Bank who offer Hybrid working and excellent benefits in recruiting a Head of Loan Administration
As the Head of Loan Administration you must have previous proven leadership and management experience of a Loan Administration Department
The Loan Administration Team are responsible for the day-to-day processing of committed and uncommitted loan facilities
KEY RESPONSIBILITIES
Assist the Loan Administration Manager(s) and Assistant Manager(s) with the preparation and control of the department's monthly reporting function and to provide guidance & training to all Loans Admin staff on reporting issues.
- Assist with the calculation of settlement figures and liaison with counterparties in respect of secondary loan trades and provide signature for executed Pricing Letters.
- Assume overall responsibility for the Loans Administration Department to maintain accurate repayment schedules.
- Co-ordinate and facilitate the planning of training within the department and to develop the individual roles of all Loan Administration staff through implementation of a thorough cross-training and development programme.
- Demonstrate a solid understanding of documentation issues and to conduct thorough reviews, raising any administrative matters with the relevant Global Banking Unit Department.
- Ensure that loan facilities and the booking of transactions are accurately and comprehensively booked in the firm's records.
- Liaise with Loan Administration departments of other banks regarding instructions relating to syndicated loan transactions
QUALIFICATIONS AND EXPERIENCE
- Previous proven leadership and management experience of a Loan Administration Department, preferably from within the banking Industry
- Ability to drive change and improve daily processes in the department, displaying attention to detail and a willingness to take responsibility and ownership in order to resolve problems