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Loans Analyst

Incisive Ltd

Posted on Nov 4, 2022 by Incisive Ltd

London, United Kingdom
Accountancy
Immediate Start
£50k - £50k Annual
Full-Time

Loans Analyst

Our client, a financial services company, who are based in London are currently looking for a Loans Analyst to join their operations team. The role will be to settle our contractual obligations for the investment teams and produce the data/reports that drives the Back End accounting and Front Office reporting processes. You should have good Excel knowledge and if possible, some exposure to the loan data systems. Also, this person ideally should have 2/5 years' experience in a similar role or from a Bank, or a US/EURO Structured Credit Hedge Fund or a Private Debt firm.

The role will be to settle their contractual obligations for the investment teams and produce the data/reports that drives the Back End accounting and Front Office reporting processes.
It is envisaged that this person will be a point of contact in London, who will report to operations senior team. This additional team member will be deployed with the view to increasing operational capacity in direct correlation to the increase in the size and facets of the business.
This person should have bookkeeping skills and knowledge of private credit assets, sufficient to handle the day to day, which in turn will free up the wider Operations team to focus on wider responsibilities and allow for robust review processes. To optimise the operations function, we have outsourced loan data base administration to an external party, whereby the multitude of credit notices/repricing's/rate changes are input by the external party.
To maintain the reduction in operational risk the role will manage the external administration relationship such that they are able to effectively work with other members across the team with ad hoc queries.

Main Duties
Daily point of contact to outsourced Loan database Administrator
Main point of contact for Communications with Administrators, Deal Team, Finance Team, and Agents Trade queries etc. Liaising/chasing agents for notices/corrections or interest due
Loan Administration oversight liaising with KYC & Settlements teams, banks/agents/deal team to ensure all documentation provided to enable funding and sales/repayments
Funding/Sales/Repayments ensure trade checklists up to date and accurate
Communication of IRR and COC on divestments
Monitoring of cash flows and withholding tax oversight
Initial review of funding payments, and authorisations.
Confirmation of Instructions with admins
Ad hoc- on the day
Assisting internal and external parties with Daily queries, Report compilation,
System upgrades
Report automation for weekly, monthly, and quarterly cycles
Liaison between Loan Operations and Finance departments assisting with Cash inputs into accounting systems

Monthly
reconciling to portfolio loan database
Preparation of reports for internal and external parties and administrators,
Complete Month end Checklist

Quarterly:

Quarterly reports and IRR checks per asset
Complete Quarter end Checklist

Reference: 1781878099

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