Loans Agency Transaction Manager

Position: Permanent

Salary: up to £95,000

Location: London

Job ID: JA0704LATM

Our tier one banking client is seeking to recruit an experienced Loans Agency Transaction Manager to join an established team at VP level. This is a permanent role based in London where you will be responsible for a variety of transactions as facility and security agent.

Key Responsibilities of the Loans Agency Transaction Manager:

  • Involvement with senior stakeholders/business heads, meeting with business to discuss new deal flows and attending front office pipeline meetings
  • Negotiate complex points with lawyers and clients and provide solutions when Loans Agency is unable to assume a responsibility as expected by the client
  • Review the most complex facility documentation, particularly with new types of product, negotiate the terms and conditions, and establish the procedures to handle them, providing a template for future deals of a similar structure.
  • Attend meetings/calls with Front Office personnel to ensure understanding of the responsibilities of the Agent role for individual transactions.
  • Provide guidance to clients and business where required
  • Review and manage complex waiver/amendment/restructuring requests
  • Manage complex actual or potential Events of Default. Take the lead in negotiating on syndicate’s behalf where necessary, and oversee calls and meetings with syndicate
  • Co-ordinate and lead event driven calls with lenders/lawyers
  • Take a key role as a senior SME and have the necessary technical skills to deliver a superior service to, and build relationships with, stakeholders; help manage the workflows across the team, providing guidance, sharing knowledge, and mentoring the less experienced members of the team.
  • Manage own portfolio of deals

Knowledge/Experience required of the Loans Agency Transaction Manager:

  • A confident, professional syndicated loans documentation expert with extensive experience, and comprehensive understanding of all facets of syndicated loans business relating to documentation and the Facility Agent role.
  • Common market and business practices
  • Structure of the different types of facility
  • Commercial aspects of the different types of business
  • Withholding tax rules and regulations, particularly treatment of FATCA.
  • Roles of other parties to syndicated loan documentation e.g. Security Agent, Collateral Agent, Account Bank, Intercreditor Agent, Arranger
  • Debt workout situations
  • Industry initiatives and changes