Loans Agency Associate


Premium Job From Jefferson Wells

Recruiter

Jefferson Wells

Listed on

14th April 2021

Location

City Of London

Salary/Rate

£150 - £200

Type

Contract

Start Date

May

This job has now expired please search on the home page to find live IT Jobs.

Role: Loans Agency AssociateLocation: London / remoteDuration: 6 months+Rate: Negotiable on experience

The job holder will be responsible for carrying out a host of daily operational and oversight activities in relation to a book of syndicated loans in our role as Facility Agent. Including all operational processing, effective handling of process related queries and acting as an escalation point on operational aspects for our City Offices as well as for Global & Commercial Banking Relationship Mangers/ Client Service Managers / Finance and Origination Teams. To continuously provide high quality client service to achieve maximum customer satisfaction ensuring we place the client at the heart of everything we do which embraces our client centric culture.Responsibilities:Review of the documentation from an operational perspectiveManage Deal and Facility setup in Loan IQCoordination with the Client Service and Transaction Manager on the operational aspects of the closing process (initial drawdown / fees, conditions precedent etc)Coordination with operational City Sites for static data set up including SSI's and Call Back.Coordination with City Site ops team to ensure key static has been set up in a timely manner.Perform Quality Assurance function on new deal set up and amendments.Review of the documentation from an operational perspective.Set up Deal in Loan IQ for new transactions and complex amendments based on the facility agreement.Co-ordinate and process Leverage / Par trading with syndications and trade queries / settlementsChecking secondary Loan/Claim documents and settlement of trades.Managing & maintaining Ancillary carves outs and movements.Prepare and manage drawdown, rollover, margin adjustment, repricing prepayments andrepayments on complex transactions.Checking and Releasing Cash flowsReconciliations and InvestigationsMargin changes (Maintaining ratios, Covenants)Fee settlement & Billing (Commitment, Utilisation, SBLC, Waiver, Agency & Upfront)Experience/requirements:Hold a sound knowledge of Loan IQ & a good understanding of the Syndicated Loan product and marketStrong communication skills to deal with internal and external clients both written and verballyStrong organisational skills and the ability to prioritise work, to ensure transaction deadlines are achievedPro-active problem solving attitudeExperience of primary syndication and/or secondary trading is desiredAble to deliver high accuracy and volume of work to excellent standards under pressureExperience across more complex loans books such and Commercial Real Estate, Leverage and Acquisition Finance, Export Credit Agency, Aircraft/Shipping and Project Finance desirable, but not critical.Strong understanding of operational riskClient focused, with a proven record of commitment to excellent customer service.To apply please send your CV's in the first instance

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