Job Requirements

Loan IQ Administrator:

Candidates MUST have Loan IQ experience and be able to display an extensive amount of knowledge and processing know-how within the system.

• Opening, amending and closing loan facilities, which may be utilized either via cash advances or contingent liabilities
• Understanding of facility documentation, and to use such documents in the administration of loan facilities
• To administer, as facility agent, daily funding-related activity of corporate clients under syndicated loan facilities
• To claim fees, interest and principal from borrowers and either distribute to the syndicate or pass to P&L, as appropriate
• To establish and maintain facility data on all Loan and associated systems used by the team
• To perform account reconciliations, either for daily or month-end reporting purposes
• Recording of transfers between syndicate members
• Handling withholding tax issues
• In acting as facility agent, to provide support and direction for both corporate clients and the syndicate in the day-to-day operation of the facility
• To provide operational support for the lending activities of certain smaller-volume business units, including ABS-CMBS teams.