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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: Enjoy competitive pay, professional development opportunities, and a dynamic work environment.
- Why this job: Be part of a top-tier team and make a real impact in the finance sector.
- Qualifications: Must have at least two years of relevant experience in loan closing, especially distressed loans.
- Other info: Ideal for those looking to advance their career in a fast-paced financial setting.
The predicted salary is between 48000 - 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.
Distressed Loan Closer (London Area) employer: Attribution Search
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Distressed Loan Closer (London Area)
✨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 previous roles where you successfully managed loan disbursements or settlements. Highlighting your hands-on experience will show us that you have the practical skills needed for this position.
✨Tip Number 4
Research our company’s recent projects and achievements in distressed loans. Being able to reference our work during your conversations will demonstrate your genuine interest in joining our team and understanding of our operations.
We think you need these skills to ace Distressed Loan Closer (London Area)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in distressed loan closing and asset management. Use specific examples from your previous roles to demonstrate your understanding of syndicated loans and compliance with regulatory standards.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Clearly outline your experience in closing distressed loans and how it aligns with the responsibilities mentioned in the job description. Be sure to mention any relevant achievements that showcase your skills.
Highlight Key Skills: When writing your application, emphasise key skills such as attention to detail, communication, and problem-solving. These are crucial for liaising with various stakeholders and ensuring accurate documentation and reporting.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is essential for this role.
How to prepare for a job interview at Attribution Search
✨Know Your Stuff
Make sure you have a solid understanding of distressed loans and the closing process. Brush up on your knowledge of syndicated loans, as this will be crucial in demonstrating your expertise during the interview.
✨Showcase Your Experience
Prepare to discuss your previous roles in detail, especially any relevant experience in loan closing. Be ready to provide specific examples of how you've successfully managed documentation and compliance in past positions.
✨Communication is Key
Since the role involves liaising with various stakeholders, practice articulating how you handle communication and resolve issues. Highlight any experiences where you effectively coordinated between different parties to ensure smooth transactions.
✨Be Detail-Oriented
Emphasise your attention to detail, especially when it comes to tracking loan disbursements and repayments. Prepare to discuss how you ensure accuracy in reporting and documentation, as this will be a significant part of the role.
