Senior Loan Closer

Position: Permanent

Salary: Up to £75,000

Location: London

[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]One of the world’s largest international Banks are seeking an experienced Senior Loan Closer for their London based Loan Closing team.

The Loan Closer is responsible for a timely closing of all primary loans trades. Liaising with internal teams and external legal counsel and counterparts. Working knowledge of ClearPar, LMA and LSTA documentation and procedures would be an advantage.

Main Responsibilities of the Loan Closing VP:

  • Manage the full portfolio of primary leveraged loans covering LMA, LSTA Par, trades
  • Ensuring that all documentation satisfies procedural and audit requirements in respect of LSTA and LMA PAR trading
  • Liaison with Legal internal/external in executing transfer certificates and pricing letters/funding memos, following the trade life cycle from allocation to settlement
  • Executing transfer certificates/assignment agreements with investors to settle primary allocations either via ClearPar system or paper documentation
  • Where the Bank is Agent, the Closer will also be responsible for settlement of back-to-back transfer positions with all parties on deals with multiple underwriting banks, and updating each party on their settlement position periodically
  • Ensuring that Trades are updated in banks systemsin accordance with banks procedures to accurately reflect underwriting exposure outstanding to settle
  • Close liaison with the Legal and Agents to ensure the smooth processing of trade transactions.
  • Support the loan settlements team through project work as allocated to improve processes, procedures and systems operated within the team.

Experience required of the Loan Closing VP:

  • Previous loan closing experience is essential as would be thorough understanding of Loan documentation.
  • Knowledge of Clear par, Debt domain, Excel & LMA documentation
  • Strong communication skills to deal with both internal and external clients, including front office staff, Agency, legal execution.
  • Strong organisational skills and the ability to prioritise work, to ensure transaction deadlines are achieved.
  • Pro-active problem-solving attitude.

[/vc_column_text][/vc_column][/vc_row]

APPLY NOW