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- Tasks: Assist in closing distressed loans and ensure compliance with regulations.
- Company: Join a leading name in Asset Management during an exciting growth phase.
- Benefits: Gain valuable experience in a dynamic environment with potential for career advancement.
- Why this job: Be part of a top-tier team, enhancing your skills in finance and loan management.
- Qualifications: Requires at least two years of relevant experience in loan closing, especially distressed loans.
- Other info: Ideal for those looking to make a significant impact in the finance sector.
The predicted salary is between 43200 - 72000 £ per year.
One of the most prominent names in Asset Management is currently seeking a Distressed Loan Closing Specialist to join their team during an exciting period of growth.
In this role, your primary responsibilities will include assisting with the closing and settlement of distressed loans, while ensuring full compliance with internal procedures and regulatory standards. You will support the coordination of documentation among various parties such as agents, borrowers, and syndicate members, helping to ensure that all paperwork is accurate and complete. Additionally, you’ll be tasked with tracking and managing loan disbursements and repayments, ensuring that all transactions are processed accurately and efficiently.
Timely and accurate reporting on all loan settlements will also be a key part of your role, as well as liaising with internal and external stakeholders to address and resolve any issues that arise regarding loan terms, disbursements, or settlements.
The firm is known for hiring top-tier talent and is looking for candidates with at least two years of experience in a similar role, ideally within a buyside firm or investment bank. To be successful in this position, you must have a solid understanding of syndicated loans and proven experience closing distressed loans. Please note that applicants without direct Loan Closing experience and specifically distressed closing will not be considered.
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Distressed Loan Closer
✨Tip Number 1
Network with professionals in the asset management and investment banking sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights or even refer you to opportunities at firms like ours.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in distressed loans and syndicated lending. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in this specialised field.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you successfully managed loan disbursements or settlements. Highlighting your problem-solving skills and attention to detail will be crucial in showcasing your fit for the role.
✨Tip Number 4
Research our company culture and values thoroughly. Understanding what we stand for will allow you to tailor your conversations and show how your personal values align with ours, making you a more attractive candidate.
We think you need these skills to ace Distressed Loan Closer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in closing distressed loans and working with syndicated loans. Use specific examples to demonstrate your skills and achievements in similar roles.
Craft a Strong Cover Letter: In your cover letter, emphasise your understanding of the asset management industry and your experience with loan disbursements and settlements. Mention your ability to liaise with various stakeholders effectively.
Highlight Compliance Knowledge: Since compliance is crucial for this role, include any relevant training or certifications you have that relate to regulatory standards in loan closing. This will show your commitment to maintaining high standards.
Showcase Problem-Solving Skills: Provide examples in your application of how you've successfully resolved issues related to loan terms or settlements in the past. This will demonstrate your ability to handle challenges in a fast-paced environment.
How to prepare for a job interview at Attribution Search
✨Know Your Stuff
Make sure you have a solid understanding of distressed loans and syndicated loans. Brush up on relevant terminology and processes, as you'll likely be asked specific questions about your experience in these areas.
✨Showcase Your Experience
Prepare to discuss your previous roles in detail, especially any direct experience with loan closings. Highlight specific examples where you successfully managed documentation and compliance, as this will demonstrate your capability for the role.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess how you would handle various challenges in the closing process. Think through potential issues that could arise and how you would resolve them, showcasing your problem-solving skills.
✨Communicate Clearly
Since liaising with multiple stakeholders is key in this role, practice articulating your thoughts clearly and concisely. Good communication skills will be crucial in demonstrating your ability to coordinate effectively among agents, borrowers, and syndicate members.
