Par Loans Closing Operations Specialist - Middle Office
- London (Central)
- Contract
We are currently supporting our client with Loans Closing Operations Specialist.
- Role : Par Loans Closing Operations Specialist - Middle Office
- Contract duration : 6 months initially (with scope to extend)
- Location : London. (Onsite, Monday–Friday, 08:30–18:30)
You will join the Credit Loans Middle Office Team, supporting various business teams with the origination, syndication, and secondary market trading of performing and non-performing loans.
The team works in partnership with various business teams to ensure efficient pre-trade due diligence, execution and settlement of both primary and secondary loans.
You will support with helping to maintain the integrity and accuracy of the risk positions taken by the firm and resolving any trade settlement issues that may arise.
Key Accountabilities
- Monitoring trading systems for new trades and confirming trades with outside clients
- Drafting, reviewing & negotiating transfer documents (including trade confirms & transfer certificates
- Liaising with Legal, Compliance, Credit, Trading Desks, Agency and Servicing teams to ensure necessary approvals are obtained, pricing/cashflows are agreed, reconciled and settled within our system
- Experience working with Par loans
- Demonstrable experience across loan closing, loan servicing or loan agency supporting primary and secondary loan markets.
- Experience with ClearPar, Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA)
- Must have Middle office operations experience
- Strong understanding of the loan lifecycle, including trade capture, settlement, funding, lifecycle events, amendments, restructurings and reconciliations.
- Experience interpreting and navigating Loan Credit Agreements, transfer documentation and trade confirmations.
- Experience drafting, reviewing and negotiating transfer documentation, including trade confirms and transfer certificates.
- Strong understanding of settlement processes for performing and non-performing loans.
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Par Loans Closing Operations Specialist - Middle Office in London employer: Dianaduggan
As a Global Markets Client Onboarding Analyst at a Tier 1 bank in Greater London, you will be part of a dynamic team that prioritises client experience and operational excellence. The bank fosters a collaborative work culture, offering extensive training and development opportunities to enhance your expertise in client relationship management and regulatory compliance. With a focus on innovation and adaptability, this role provides a unique chance to engage with high-profile institutional clients while working in one of the world's leading financial hubs.
