Our client, a global bank based in the City, is looking for an experienced Loans Agency Documentation Associate to join the busy Transaction Management team. The successful candidate will have excellent attention to detail to align with the roles requirements to focus on Project Finance, corporate, FI, leverage finance and shipping deals.
Duties and Responsibilities:
- Reviewing and interpreting provisions in capacities such as Global Agent/Intercreditor Agent/Facility Agent including administrative provisions specifically within Project Finance documents and related credit Agreements including other lines of Business such to include Shipping, Corporate, FI’s, Leverage finance
- Administering the Libor transition related amendments and liaising with Borrower, Lenders, and Legal Counsel as necessary leading up to the successful execution of the amendment
- Deal onboarding – following Conditions precedent/making deal effective
- Administering amendments, consents, and waivers in liaison with the Borrower, Lenders, and advisors
- Margin changes triggered by performance related events i.e. compliance cert/ratings change notifying lenders on Debt domain
- Maintaining financial and reporting covenant diaries
- Managing with borrower of all covenant deliverables
- Distribution of covenants to the lenders
- Liaising with lenders on their financial and deal questions i.e. company performance/deal impact /liaise with lawyers and advisors on their behalf.
- Answering lender queries and obtaining responses from lenders on consents and waivers.
Qualifications, Skills, and Experience
- Agency/Loans Business Experience
- Prior experience of using Debtdomain
- Business Awareness
- Team Working
- Relationship Management
- Excellent interpersonal, verbal and written communication skills are vital for this role
This role is providing a flexible working environment, with 3 days in the office, 2 days from home.