Loan Facility Set up

Position: Permanent

Salary: up to £70,000

Location: London

Job ID: JA3006LA

We have a fantastic opportunity for someone to join the corporate lending operations function of an international bank. You will act as a Deal Manager with the primary function of building deals within the LoanIQ system and being the main contact for investors and internal stakeholders.

Main responsibilities of the Deal Manager:

Deal Execution:

  • Booking of New (Bi-lateral, Agency and Syndicated Participations) Deals & Facilities in Lending Source System, ensuring accuracy of data capture.
  • Governance and management of initial pay away conditions in line with the New Deal / New Facility checklists
  • Completion of Security build in source booking system
  • Input & tracking of all conditions subsequent, including Credit defined sell downs
  • Collation and record retention of transaction With Holding Tax forms
  • Reconciliation of Derivatives booking versus Loan profiles to ensure the hedge is effective
  • Completion and Handover of transaction notes to

 Deal Lifecycle Management:

  • Oversight overdue covenants and breaches for escalation
  • Oversight of security valuation and booking accuracy
  • Filing of relevant documentation
  • Oversight of Reconciliations and active management to clear complex breaks and long dated items.
  • Management of Portfolio transfers in accordance with the Portfolio Transfer Policy
  • Oversight of arrears for communication with Business Lines, Credit and Credit support teams within own portfolio
  • Production of Risk Event write up’s and analysis to close out gaps and reduce risks within the operating environment.
  • Completion of the termination process for deals / facilities

Skills and knowledge required of the Deal Manager:

  •  Experience of building deals
  • Ability to interpret and operationalise credit, ancillary & security documentation.
  • Strong Understanding of lending risk environment
  • Pro-active “can do” approach with the ability to problem solve in a collaborative environment
  • Strong analytical mind-set
  • Strong verbal and written communication skills and ability to build and manage relationships with all stakeholders
  • Must be driven to facilitate, drive change and optimise efficiencies
  • Be accountable and take ownership for the role