Internship in Loan Administration Team - IB Operations

Your role

The Loan Administrator is responsible for the timely handling of all Loan Operations related to agency, bilateral & syndicated deals. The position requires a person with operations background, keen observation and due diligence skills. The role also requires a person who is comfortable reading and interpreting credit agreements/ loan notices, well versed in excel and knowledgeable in financial transactions.

This roles requires the candidate to work on a rotational shift basis, covering US business hours.

We are looking for someone like that who can help us with:

• loan Management: Processing loan-repayments, -rollovers, -borrowings, -conversions, Letter of Credit bookings, trade bookings, manual payments, compliance & fee tracking
• controlling: Managing mailboxes, investigating cash and intersystem breaks, preparing data for review, completing ad-hoc requests from other teams and departments, ensuring systems are updated correctly based on the available credit agreement details, ensuring interest and fee payments are made timely, checking for facility/ counterparty cancellations, reviewing quarterly pay-downs
• reporting : Updating reports - daily/ quarterly/ ad-hoc for various activities
• other duties: Documentation downloading , Participating in Robotic Initiatives/ User Acceptance Testing for new projects

Daily Activities :
• process daily activity events & transactions such as rollovers, funding requests, repayments, letters of credit processing
• manage resolutions of un-reconciled funds and discrepancies
• mange exceptions and escalations
• be well versed in team KPIs/SLAs
• interface with Business, Finance, Credit Risk Management teams and agent banks as and when required
• analyze Credit Documentation and ensure correct reflection of the documentation in systems
• reconciliation of interests, fees, billing and invoicing
• remain up to speed regarding lending and other financial services
• manage reporting and compliance requirements of loans
• prepare and submit timely reports
• work within established regulations and adhere to law requirements at all times
• assist in robotics initiatives, UATs and new initiatives

Your team

You'll be working in the Loan Administration Team in the UBS office in Fabrycza Office Park. As part of this team you will be providing global loan servicing support for the syndicated loan product for EMEA and North America Region and interacting on a daily basis with Agents, Lenders, trading counterparties and internal onshore teams. The work in this team will give you a great opportunity to gain an in-depth understanding of a global syndicated loans process.

Your expertise

Qualifications/ Education:
• Bachelor's degree in Finance, Accounting, Business, Economics, Mathematics, or closely-related quantitative field from an accredited school
• experience in loans administration or investment bank operations as an asset
• good knowledge of banking computer software and MS Office
• comprehension of direct/indirect lending procedures
• in-depth understanding of relevant rules and regulations

Good to have:
• understanding of origination and syndication process
• loan IQ skills
• experience and familiarity with Credit Agreements and other related loan documentation
• strong problem solving and analytical skills
• proven working experience in a loan processor role
• strong focus on controls, procedures, quality, accuracy and detail oriented
• well versed in Macros, VBA and other analytics tools

About us

UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..

We have a presence in all major financial centers in more than 50 countries.

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?