VP Loan Corporate Actions

Position: Permanent

Salary: 70,000

Location: London

Job ID: JA1511VPLC

Our client, one of the world’s largest international banks, are looking for a for a VP OR AVP Loan Corporate Actions professional to join their busy London based Global Market Loans Operations team.

Main Responsibilities of the Loan Corporate Actions professional:

  • Comprehensive review and management of loan corporate actions requests for the Global Markets Credit Trading desk
  • Manage corporate action requests; coordinate with the Desk Analysts, Traders, Credit teams & Legal (internal & external counsel)
  • Work with agent banks, sub part clients and open trade counterparts to notify them of corporate action events, handle queries and organize their responses
  • Work closely with other internal and external teams: Loan Servicing, Loan Closing, Legal, Conflicts, Compliance, Tax, Notaries, Courts and Agent Banks
  • Ensure transactions are prioritized and completed within a timely manner and before deadlines
  • Log transactions on registers, maintain and organize related correspondence on shared drives and regularly reconcile vault deposits            
  • Be aware of operational risk and the ability to self-identify opportunities to improve / reduce risk exceptions
  • Provide support to the confidentiality agreements team, helping to draft, negotiate and execute Non-Disclosure Agreements 
  • Review power of attorneys and organise the notarization and apostilling of the docs with external notary
  • Facilitate the mechanics and bookings of complex restructures to ensure a smooth process flow.

Skills required of the VP Loan Corporate Actions professional:

  • Investment Banking experience
  • Any loans or Global Banking and Markets knowledge
  • Competent user of Microsoft Office – including Word and Excel.
  • Loan Market Association guidelines familiarity
  • A good level of understanding of the secondary loan trading market and the forms of documentation used
  • Legal background or handling of legal documents would be an advantage