At a Glance
- Tasks: Join a dynamic team to efficiently close loan transactions and ensure compliance.
- Company: Work with a highly regarded Credit focused Investment Manager in London.
- Benefits: Enjoy a collaborative environment with opportunities for growth and development.
- Why this job: Be part of a successful team and contribute to exciting financial projects.
- Qualifications: Must have 4+ years of Loan Closing experience and strong knowledge of loan documentation.
- Other info: Office-based role, five days a week; ClearPar experience is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
One of the most prominent names in the Private Credit space is currently seeking a mid-level Loan Closing Specialist to join their team during an exciting period of growth. Over the past five years, the firm has tripled its AUM)and is on track to double again within the next two years as they expand into new markets and launch innovative products. This is a unique opportunity to join a high-performing team where you will play a key role in the closing and settlement of syndicated loan transactions.
In this role, your primary responsibilities will include assisting with the closing and settlement of syndicated 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. You will also be responsible for monitoring daily loan operations and performing reconciliations as necessary.
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, as well as the loan closing and settlement process. Candidates with prior knowledge of CLOs (Collateralized Loan Obligations) are highly preferred. Please note that applicants without direct Loan Closing experience will not be considered.
Loan Closer employer: Attribution Search
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Closer
✨Tip Number 1
Make sure to highlight your experience in loan closing during networking events or industry meetups. Engaging with professionals in the finance sector can help you learn about unadvertised opportunities and get referrals.
✨Tip Number 2
Familiarize yourself with the latest trends and regulations in loan documentation and financial products. This knowledge will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Consider reaching out to current or former employees of the company to gain insights into their culture and expectations. This can give you a competitive edge during interviews by allowing you to tailor your responses.
✨Tip Number 4
Prepare specific examples from your past experiences that showcase your ability to manage the closing process efficiently. Being able to discuss real scenarios will help you stand out as a candidate who can hit the ground running.
We think you need these skills to ace Loan Closer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in loan closing. Focus on your understanding of loan documentation, financial products, and any specific achievements in previous roles that demonstrate your expertise.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Loan Closer position and the company. Mention your four years of experience and how it aligns with the responsibilities outlined in the job description.
Highlight Compliance Knowledge: Emphasize your knowledge of compliance with internal and external regulations in your application. Provide examples of how you have ensured compliance in past roles to showcase your attention to detail.
Showcase Communication Skills: Since the role involves communicating with clients and external parties, include examples in your application that demonstrate your strong communication skills and ability to coordinate effectively with various stakeholders.
How to prepare for a job interview at Attribution Search
✨Showcase Your Experience
Make sure to highlight your four years of experience in a Loan Closing position. Be prepared to discuss specific transactions you've worked on and the challenges you faced, as well as how you overcame them.
✨Demonstrate Knowledge of Loan Documentation
Since a strong understanding of loan documentation is crucial for this role, brush up on key terms and processes. Be ready to explain how you ensure compliance with internal and external regulations during the closing process.
✨Communicate Effectively
Effective communication is key in this role. Practice articulating how you coordinate with borrowers, legal counsel, and internal teams. Provide examples of how you've successfully managed client relationships during the closing process.
✨Prepare for Questions on Compliance
Expect questions about compliance with laws and regulations. Prepare to discuss your approach to maintaining accurate records and ensuring all loan transactions adhere to applicable policies.