Job Description
Our client is seeking a Corporate Loans Middle office/Documentation Specialists to join the Credit Loans Middle Office Team. You will need an understanding/have experience of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA)
Your team will support a range of business areas with the origination, syndication and secondary market trading of performing and non-performing loans.
They also ensure efficient pre-trade due diligence, execution and settlement across both primary and secondary loans.
As the team and workflow continue to expand, you will also gain exposure to other areas such as structured products and private equities.
- Role: Corporate Loans Middle office/Documentation Specialist
- Day rate: Β£250 per day (inside IR35)
- Pay framework: Umbrella Company
- Start date: ASAP
- Contract length: 6 months (with possible extension)
- Location: Central London β onsite full time, Monday to Friday, 08:30 to 18:30
Key responsibilities:
- Support the team to maintain the accuracy and integrity of the firmβs 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:
- Essential: Understanding of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA) standards are an absolute must.
- Knowledge and previous experience in Bank Loans Closing, Servicing or Agency activity
- Experience navigating Loan Credit Agreements
- Ideally familiar with ClearPar
- Ability to work well under pressure and meet strict deadlines
- Quick learner in a fast-moving environment
- Strong attention to detail and the ability to manage a high volume of work
Donβt delay β apply today!
Contact Detail:
Diana Duggan UK Limited Recruiting Team