Middle Office & Agency Operations – Syndicated Loans (LoanIQ) – City of London
This is a great opportunity for a Middle Office operations role for an Investment Bank in the City of London. Financing Operations teams are in charge of Agency and Middle Office functions (hereafter “the Middle Office”), in their interaction with the different departments of the CIB and with the other support functions, notably the financing Front Office (Real Assets, Global Trade, Investment Banking and Global Structured Credit & Solutions), Distribution & Portfolio Management, Loan Administration, Credit Risk, Legal Department and Compliance Division.
The Middle Office operates within the COO CIB / Global Banking Operations (GBO) / Financing Operations department.
Key Responsibilities
- Participate in three major stages of the financing operations lifecycle: Structuring, Implementation, Monitoring and repayment.
- Act as an interface with other entities of the organisation for the implementation and the follow‑up of operations.
- Provide day‑to‑day support across all business lines – both for new and existing credit facilities – and establish effective partnerships with all Front Offices as a key stakeholder.
- Review and comment on deal structures and facility documentation at both structuring and closing stages (and post‑closing follow‑up) to ensure feasibility and compliance with credit approvals and term sheets.
- Ensure all deals are correctly reflected in the Bank’s system (LoanIQ) – including deal structure/modelling, security packages/collaterals/assets and all covenants with associated reviews and monitoring (scheduled activity/control reports).
- Support all prospective and current Facility Agency roles and maintain highest quality data, adhering to credit policy developments and escalating appropriate queries.
- Take responsibility for monitoring the production of monthly reports for all business lines (covenant, activity, sell‑down, unpaid, statistics and waiver reports).
Personal Level
- Provide technical support to others / co‑workers in area of expertise.
- Ensure all issues are duly escalated to appropriate persons.
Required Skills & Qualifications
- High level awareness of Investment/Corporate Banking and its products, with a minimum of 3 years relevant experience.
- Specific understanding and experience of handling Facility and Security Agent roles – including systems such as DebtDomain, ClearPar etc.
- Facility documentation knowledge – especially treatment/monitoring of financial covenants and security packages.
- Proactive with the ability to deliver value‑added support to business partners in a dependable, timely and accurate manner.
- Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment.
- Strong attention to detail with a control and risk discipline mindset, taking ownership and being accountable for area of responsibility.
- Strong PC skills in Microsoft Suite (e.g. Word, Excel, PowerPoint). Knowledge and experience with LoanIQ preferred. Ability to use web‑based technology effectively.
Seniority Level
Associate
Employment Type
Full‑time
Job Function
Other
Industries
Banking and Investment Banking
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Contact Detail:
LevelUP HCS Recruiting Team