[vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-user” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619eb5149e4″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-gbp” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef35454666″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-map-marker” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef34854665″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-hashtag” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619ef8cc060″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1549902118595{padding-top: 20px !important;}”][vc_column_text]We have a fantastic opportunity for an experienced Loan Closer to join a successful international Loans Agency business based in London. You will be part of a growing team currently responsible for closing Primary, Par and Distressed LMA & LSTA Loan trades.
Main Responsibilities of the Loan Closer:
- Closing of PAR and Distressed LMA and LSTA loan trades
- Partnering with Client Operations and Middle Office contacts to ensure timely settlement of trades and management of cash flow
- Co-ordination and timely solution of any post trade settlement cash queries with Client and Counterparty
- Drafting of Loan Trade settlement documentation – Trade Confirmations, Transfer Documents, Pricing Letters (amongst others) when not settling via electronic platform
- Review of underlying credit documentation (main focus on Tax and Transfer mechanics) to ensure accurate assignment of debt
- Managing waiver/amendment process versus open trade book portfolio
- Strong market sense/knowledge. Escalating trade settlement issues when required
Experience required of the Loan Closer:
- At least 2-3 years of Loan Closing experience across LMA and LSTA Par and Distressed markets
- Thorough understanding of the ClearPar trade settlement platform
- Full understanding of LMA and LSTA terms and conditions
- Must be agile/adaptable and prepared to be part of a team that is in early stages of technological development
- Professional, a courteous manner, hardworking and clear communication skills
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