At a Glance
- Tasks: Support loan documentation and ensure smooth trading processes in a dynamic team.
- Company: Join a leading financial firm in the heart of London.
- Benefits: Competitive day rate, potential for contract extension, and hands-on experience.
- Why this job: Kickstart your career in loans with real-world impact and professional growth.
- Qualifications: Experience with LMA/LSTA standards and knowledge of bank loans required.
- Other info: Full-time onsite role with a collaborative team environment.
The predicted salary is between 50000 - 70000 £ per year.
Our client is seeking a Loans Documentation Specialist to join the Credit Loans Middle Office Team. You must have experience of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA). Ideal for an early-career loans professional, your team will support a range of business areas with the origination, syndication and secondary market trading of performing and non-performing loans. As part of your role, you will ensure efficient pre-trade due diligence, execution and settlement across both primary and secondary loans.
Key responsibilities:
- Support the team to maintain the accuracy and integrity of the firm's risk positions and resolve any trade settlement issues.
- Monitor trading systems for new trades and confirm trades with external clients.
- Draft, review and negotiate transfer documents including trade confirmations and transfer certificates.
- Liaise with Legal, Compliance, Credit, Trading Desks, and Agency and Servicing teams to ensure approvals are obtained and pricing/cashflows are agreed, reconciled and settled.
Essential skills:
- Understanding of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA) standards are an absolute must.
- Experience with ClearPar.
- Knowledge and previous experience in Bank Loans Closing, Servicing or Agency activity.
- Experience navigating Loan Credit Agreements.
Loans Documentation Specialist in London employer: Diana Duggan Associates
Contact Detail:
Diana Duggan Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loans Documentation Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the loans industry, especially those who know about LMA and LSTA. A friendly chat can lead to insider info on job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of loan documentation and trading systems. We recommend practising common interview questions related to your role as a Loans Documentation Specialist to boost your confidence.
✨Tip Number 3
Don’t forget to showcase your skills! When you get the chance to meet potential employers, highlight your experience with trade confirmations and transfer documents. Show them you’re the perfect fit for their team!
✨Tip Number 4
Apply through our website! It’s super easy and ensures your application gets seen by the right people. Plus, we’re always on the lookout for passionate candidates like you to join our community.
We think you need these skills to ace Loans Documentation Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with LMA and LSTA standards. We want to see how your skills match the role, so don’t be shy about showcasing relevant projects or tasks you've handled in the past.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Loans Documentation Specialist role. Share your passion for loans and any specific experiences that relate to the responsibilities listed in the job description.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about your qualifications and experiences. This will help us understand your background quickly!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Diana Duggan Associates
✨Know Your Loan Standards
Make sure you brush up on the Loan Market Association (LMA) and Loan Syndications and Trading Association (LSTA) standards. Being able to discuss these in detail will show that you’re not just familiar with the terms, but that you understand their practical applications in the role.
✨Showcase Your Experience
Prepare specific examples from your past experiences that highlight your skills in loan documentation, trade confirmations, and settlement processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Understand the Team Dynamics
Research the Credit Loans Middle Office Team and understand how they interact with other departments like Legal and Compliance. This will help you articulate how you can contribute to maintaining accuracy and integrity in risk positions during the interview.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company’s approach to loan syndication and trading. This shows your genuine interest in the position and helps you gauge if the company culture aligns with your career goals.