Loans Middle Office AVP
Job Description
Are you looking for a position where you can utilise your French, German or Spanish language skills alongside your Loan documentation experience?
Our client, a large global financial group, is looking for an experienced, energetic, and results-driven Loans AVP to join their middle office team.
Purpose of the role:
The successful Loans Middle Office Assistant Vice President will act as an SME for the Loans portfolio handled by the Loans Middle Office. They will need to ensure that facilities under the control and management of LMO are maintained accurately within the systems and controls available. Ensuring all facilities can be serviced and all drawings have been processed in a timely manner in accordance with the banks policies and procedures.
Essential Functions:
- Review loan agreements from an Operational lens to ensure the mechanics of the facility can be supported.
- Provide feedback to the Front Office from an Operations perspective on draft agreements for consideration when finalising the detail of the facility
- Extract data points from the loan agreement to enable event management during the loan trade cycle.
- Input of facility data upon signing/activation of a loan agreement, creating a credit line and input of collateral.
- Ensure Bank’s SOX processes relating to deal origination are followed.
- Log any future updates highlighted in loan documentation e.g. to fees, margin and extension of maturity date in the electronic diary.
- Be proactive in resolving queries within the team or escalating appropriately.
- Act upon approved credit applications or e-mail correspondence in a timely manner ensuring any reports/conditions are updated accurately within the banks systems.
- Assist in project related work, with the ability to suggest enhancements to a given process or procedure.
Language Skills:
- European Language to Business Level in either French, Spanish OR German
Work Experience:
- Considerable experience of loan products
- Experience in reviewing loan agreements.
- Excellent communication skills
- A proactive, motivated approach.
- Strong decision making skills, the ability to demonstrate sound judgement
- A structured and logical approach to work
If you feel your experience and knowledge aligns with this position, we welcome you to submit your CV.
