Loan Closer

Recruiter
Advantage Resourcing UK Limited
Location
London, UK
Salary
Competitive
Posted
11 Oct 2019
Closes
18 Oct 2019
Ref
1292591523
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
A top tier Investment Bank is seeking a Loan Closer to take on the migration of a portfolio of Loans from one entity to another. The successful candidate will have working knowledge of Loan Trading conventions to assist with this migration, handling both the legal documentation required to facilitate transfers as well as the deal and trade capture in LoanIQ.

Responsibilities include but are not limited to:

*Deal build in LoanIQ including trade capture
*Review/populate all forms of standard LMA and LSTA secondary trading documentation to prepare for trade settlement
*Liaison with external Agent Bank to agree settlement dates and completion of documentation
*Liaison with internal settlements team for settlement
*Provide regular updates to the project team on the status of the migration escalating issues early

The successful candidate is likely to have:

*Syndicated Loans Market experience within Loans Administration, Loans Agency or Closing Functions
*Ability to prepare and negotiate LMA and LSTA trading documentation
*Knowledge of LoanIQ would be desired
*Ability to interpret Credit Agreements
*Ability to interact with senior stakeholders
*Adaptable and flexible with workload to meet deadlines
*Excellent written and verbal communication skills

Advantage Resourcing is a service driven recruitment consultancy.

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