Quick overview
Job description
James George Recruitment is working with a well-established, award-winning Financial Services Business to recruit a Loan Servicing Executive for its growing, lending division.
This is a hands-on loan servicing role. You’ll own the day-to-day running of borrower facilities across the loan book, from billing and interest processing to amendments and lifecycle events. You’ll work closely with the Relationship, Finance and Operations teams.
The role:
- Service borrower facilities across a commercial loan portfolio, keeping records accurate in the loan management system
- Process facility changes, including interest rate changes, fee and term amendments, exposure limits and participation allocations
- Calculate and process capitalised interest in line with facility terms
- Prepare and issue borrower invoices and statements, including settlements and fees, and manage the billing calendar
- Process lifecycle events, including extensions and extension fees, amendments, terminations and interest suspensions
- Track legal fees and support monitoring of overdue balances
- Handle billing and account queries from borrowers and internal colleagues
About you:
- You come from a lending background, with solid hands-on loan servicing or lending operations experience.
- You have a clear understanding of how to process interest rate changes, extension fees and capitalised interest
- You have strong Excel skills, and are confident with pivot tables, data manipulation and reconciliations.
- You have used a loan administration or loan management system
- You are meticulous, with a strong controls mindset and a real eye for detail
- You take ownership, can investigate and resolve issues on your own, and like improving processes
What’s on offer:
- Salary of c.£50,000 plus a 15% bonus
- Hybrid and flexible working
- A collaborative, values-led culture with genuine training and progression opportunities
Salary range £70,000 to £85,000 depending on experience and level of hire, on target earnings up to 55% of salary…
Salary range £35,000 to £50,000 plus up to £100 per appointment closed AND commission on all deals closed with commission…
Salary range £60,000 to £80,000 depending on experience, on target earnings up to 55% of salary with potential to earn…
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