Barclays
Loan IQ – Loan Closing Analyst
New York, NY
Feb 13, 2025
Full-time
Full Job Description

Join us as an Origination Asset Manager-Participations in Wholesale Lending Operations. This role involves managing the execution, booking, and ongoing asset management of investment-grade, leveraged loan facilities and asset-based loans. You will oversee the end-to-end closing process, including collaboration with Business teams, Legal, Credit, Portfolio, and Loan Operations. Key responsibilities include submitting Commitment Letters, reviewing Credit Agreements, and building facilities into our operational system, Loan IQ. Candidates should have experience in loan operations, with a focus on accuracy and service delivery in closing/booking processes.

• Oversee the execution, booking, and ongoing asset management of investment-grade and leveraged loan facilities in Wholesale Lending Operations

• Manage end-to-end loan closing processes, collaborating with Business, Legal, Credit, Portfolio, and Loan Operations teams

• Review and submit Commitment Letters and Credit Agreements, ensuring operational mechanics are in place for loan transactions

• Utilize Loan IQ to process client fund disbursements, ensuring accuracy in booking and documentation

• Address risks associated with closing delays to maintain service levels, accuracy in records, and adherence to loan operations standards

This role is based out of New York.

Salary/rate minimum $68,000

Salary/rate maximum $98,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the role

To support Wholesale Lending with day-to-day processing, reviewing, reporting, trading and issue resolution.

Accountabilities

  • Support with day-to-day Wholesale Lending initiatives including processing, reviewing, reporting, trading and issue resolution through lending technical expertise.
  • Monitoring the bank’s lending operations to ensure that they are conducted in an efficient and effective manner and comply with relevant regulatory requirements.
  • Collaboration with teams across the bank to align and integrate Wholesale Lending processes.
  • Identification of areas for improvement and providing recommendations for change in Wholesale Lending processes.
  • Development and implementation of Wholesale Lending procedures and controls to mitigate risks and maintain operational efficiency.
  • Development of reports and presentations on Wholesale Lending performance and communicate findings to internal senior stakeholders.
  • Identification of industry trends and developments to implement best practice in Wholesale Lending Services.
  • Participation in projects and initiatives to improve Wholesale Lending efficiency and effectiveness.

Analyst Expectations

  • Will have an impact on the work of related teams within the area.
  • Partner with other functions and business areas.
  • Takes responsibility for end results of a team’s operational processing and activities.
  • Escalate breaches of policies / procedure appropriately.
  • Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
  • Advise and influence decision making within own area of expertise.
  • Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
  • Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
  • Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Make evaluative judgements based on the analysis of factual information, paying attention to detail.
  • Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
  • Guide and persuade team members and communicate complex / sensitive information.
  • Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

PDN-9e342032-50b8-4fd9-867d-cfc96efe0428
Job Information
Job Category:
Finance
Spotlight Employer
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Loan IQ – Loan Closing Analyst
Barclays
New York, NY
Feb 13, 2025
Full-time
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