Senior Loans Agency Transaction Manager

Position: Permanent

Salary: Up to £75,000

Location: London

Our Client, a successful London based Bank, are looking for a Senior Loans Agency Transaction Manager to join their growing team on an initial 12-month Fixed Term Contract.

Main Responsibilities of Senior Loans Agency Transaction Manager:

  • Global responsibility for handling the administrative and agency function for Investment Banking’s syndicated loans.
  • Responsible for post syndication “after sales service” interface between borrowers and syndicate lenders where the bank acts as agent
  • Processing waiver and amendment requests for the Borrower, ensuring compliance with loan documents i.e. financial covenants.
  • Processing of novations.
  • Pre-signing review of loan documentation ensuring compliance with the banks internal policies and guidelines.
  • Liaise with and support the back office in the setting up of new deals.
  • Maintaining complete and accurate records of all agency deals.
  • Answering ad-hoc syndicate, borrower, and internal queries.
  • Monitoring specific representation/warranty requirements, including checking adherence to Financial Covenants and other legal reporting requirement.
  • General coordination of the syndicated loan portfolio including support for client relationship team on syndicated deals responsibility including supporting corporate coverage on credit-related issues and operations on admin-related issues.
  • Filing of original loan documentation.

The successful Senior Loans Agency Transaction Manager will have:

  • Waiver and amendment experience
  • Dealing with security docs including taking security in different jurisdictions, reading
  • security docs, Review of docs, Checking CPs
  • Facility Agency Experience
  • Dealing with internal and external lawyers
  • Assignments and transfers