Loan Administration Associate
CurrentWith Mount Street I started off working on the Shipping team, before moving seamlessly over to the CRE team in December 2020. On this team we looked after updating the internal accounting system, Credit Hub. Each morning, we would need to check the bank accounts to see if loan payments were made, then apply these payments to the corresponding loan accounts in Credit Hub. It also required generating and distributing Interst Notices to advise Borrowers and Leners of the Interest, Amoritazation and fees due.In my current role, I work on the CRE team looking after the administrative duties on various loan portfolios. We deal with a list of major banks and investment funds, as an intermediary ensuring the investments run smoothly. Calculating interest and fees on various types of Commercial loans held all over the world. These involve syndicated loans with multiple lenders and borrowers. Loans are in various currencies and using different interest rates e.g. Euribor and Sonia. We also make loan payments using various different banking platforms. I issue rate in interst notices and follow up on queries on accounts and payments from both borrowers and lenders. To do this I need to communicate through email and by phone, while keeping our internal systems up to date. I have kept all my professional qualifications gained through the IOB up to date.