Due to rapid growth, we are looking for an experienced Senior Loan Operations Analyst to help take ownership of a busy and diverse portfolio of loans and bonds

Servicing the bond and loan markets, Kroll has developed its strong reputation by providing proactive and bespoke services to its clients. We currently manage over 800 loan and bond transactions.

This role will be part of our Kroll Business Services / Loan Operations team in the UK. 

KATS – Kroll Agency and Trustee Services Ltd

Connexis – BNP Paribas’ electronic banking platform

Senior position where you will be heavily involved in the day to running of KATS Operations team and all its functions to include (for loan and non-loan transactions):

Day-today responsibilities:

New deal set-up – taking responsibility for inputting and setting up new transactions in WSO in accordance with facility agreements and Kroll’s procedures. This is to include:

Recording loan / facility details in WSO*Performing call backs to verify Lender and Borrower admin forms and entering them in WSOEntering loan party information in WSO*Entering lender and borrower SSIs into Connexis Recording new transactions in Kroll’s diary systemEntering lender details in Debt Domain platform 

Managing initial drawdown of loan facilities – liaise with the relationship management team to co-ordinate and implement operational aspects of initial loan draws in accordance with facility agreements and KATS procedures. This will include:

Checking utilisation requests from borrowersIssuing demand notices to lenders for initial drawdown*Notifying BNP Paribas of upcoming drawdownConfirming release of funds with lenders (obtaining swift messages)Following up with BNP Paribas to trace missing lender funds and following up with the lenders where requiredCreating a payment file(s) for the borrower payment (plus any other remittances required under the funds flow) in Connexis for release of funds by the relationship management teamNotifying relationship management team that funds have been received, remittances have been created and are ready to be releasedReconciling Kroll client accounts upon release of paymentsRate fixing of loan on drawdown in accordance with agreements*Updating WSO with new interest period and interest rate*Compiling and sending rate-fixing notices to lenders*Diarising next rollover / interest payment date in KATS diary system

Managing loan rollovers and other scheduled deal activity – ensure completion of scheduled agency activity in accordance with facility agreements and KATS procedures. This will include:

Monitoring KATS diary system to ensure upcoming rollovers / scheduled deal activity is actionedCalculating amounts of interest and principal due to the lenders*Calculating fees due to the lenders*Compiling and sending demand notices to the borrower requesting payment of scheduled interest, fees and principal due under the agreement*Creating payment files for payment of interest, fees and principal due to the lendersRate fixing for new interest period (in conjunction with the borrower)*Compiling and sending new rate fix notices to lenders and borrowers*Notify BNP Paribas of upcoming rollover activity on the accountMonitoring receipt of interest, fees and principal payments to Kroll’s client accountsAdvising relationship management team of receipt of borrower payments to Kroll’s client accountsIf borrower funds not received, following up with borrower and advise relationship management teamReconciling Kroll’s client accounts upon release of payments

Managing ad-hoc / unscheduled payments of principal – liaising with relationship management team to administer unscheduled payments of loan principal and accrued interest in accordance with facility agreements and KATS’s procedures. This is to include:

Receiving and processing borrower notices of repayment / prepayment*Calculating lender pro rata share of principal, accrued interest, breakage costs and fees and issuing notices to demand the same from the borrower*Issuing lender notices to confirm upcoming repayment / prepayment*Creating payment files in Connexis for each lender share of repayment / prepaymentAdvising BNP Paribas of upcoming account activityMonitoring receipt of funds to Kroll’s client accountsNotifying relationship management team of receipt of funds into Kroll’s client accountsIf borrower funds not received, following up with borrower and advise relationship management teamUpdating WSO with details of repayment and prepayment and issuing lender / borrower notices accordingly*Reconciling Kroll’s client accounts upon release of payments

Other ad-hoc tasks and duties – undertake other ad-hoc tasks and duties as and when the need arises to include: 

Taking responsibility for the administration of non-loan transactions as and when the need arisesTax reporting as and when required under a transaction*Writing and monitoring proceduresBuilding, mentoring and managing operations team as it growsTaking responsibility for operations’ team risk monitoring and implementing controlsMonitoring and responding to Borrower, Lender, Counsel and Sponsor queries

*This function to be performed in WSO. May move onto LoanIQ

Essential traits:

Loan Agency Experience

Operations Experience 

About Kroll

Join the global leader in risk and financial advisory solutions—Kroll. With a nearly century-long legacy, we blend trusted expertise with cutting-edge technology to navigate and redefine industry complexities. As a part of One Team, One Kroll, you'll contribute to a collaborative and empowering environment, propelling your career to new heights. Ready to build, protect, restore and maximize our clients’ value? Your journey begins with Kroll.

Kroll is committed to equal opportunity and diversity, and recruits people based on merit.

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