Assistant Vice President, Transaction Manager (Loans Middle Office)

We are working with our client with their search for an Assistant Vice President, Transaction Manager (Loans Middle Office) to join their team on permanent basis. This is a hybrid position 3 days in office, 2 days work from home.

The ideal candidate will act as an SME for the Loans portfolio handled by the Loans Middle Office. 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 company policies (credit approvals, legal framework, current regulatory and compliance requirement) and procedures.

Responsibilities:

• Support the Front Offices on new products and servicing of the deal.
• Co-ordinate across Operations to ensure the deal is processed in a timely manner.
• Daily monitoring of the triggers throughout the loan lifecycle via the system/diary notes to ensure the loan is serviced accordingly.
• Utilising expert knowledge of the Loan Lender product and market to manage Loan facilities portfolio assigned to the successful candidate. In addition to this, the successful candidate will be expected to provide expert guidance and direction to less experienced LMO staff to assist with the completion of their duties and responsibilities. This will cover all life cycle events from correct systematic capture of the facility at Financial close to the ongoing event management and servicing of the transaction post close.
• To verify and validate transactions created by other LMO staff to ensure precise and correct instructions are delivered to the appropriate processing areas for accurate error free execution
• Oversee the creation or give direction and guidance in the creation of control tools necessary to administer client facilities where systems are considered inappropriate.
• Continually review and challenge processes and procedures to maximise efficiency and processes that allow highest possible facility usage.
• Ensure the creation and flow of information is accurate and timely to enable Management and stakeholders to act appropriately.
• Build strong relationships with stakeholders such as other teams, Client, Front offices, Branches and support functions to facilitate smooth transition from termsheet/draft document to financial close and beyond into facility Servicing/management.
• Working with LMO Team Lead to achieve the short-term, medium-term, and long-term goals of the team.
• Responsible for working autonomously to resolve operational issues as they arise, and providing, where necessary, the implementation of preventative measures to avoid reoccurrence of incidents.
• Build relationships throughout the company to establish a peer network, gather relevant information and help to ensure effective inter-departmental collaboration.
• Operate as a product specialist providing subject matter expertise where required.
• Be at all times abreast and up to speed with market developments in relation to the product stream, and be instrumental in Change Management when required.

Skills and Experience:

• Considerable operational experience of loan products
• Operational and administrative knowledge of the loan market.
• Experience in reviewing loan agreements.

For more information on this role please contact Barbara Houghton by sending your CV and quoting ref 16814BH.