At a Glance
- Tasks: Monitor trading systems, review loan documentation, and coordinate settlements with clients.
- Company: World-leading Investment Bank in London with a dynamic work environment.
- Benefits: Competitive daily rate, potential for contract extension or permanent position.
- Why this job: Join a critical team influencing financial operations and gain exposure to diverse business areas.
- Qualifications: Experience in loan closing, knowledge of LMA Loans, ClearPar, and strong communication skills.
- Other info: Fast-paced role with opportunities for professional growth and development.
The predicted salary is between 60000 - 72000 £ per year.
I am looking for a Loan Closing Analyst / Loan Closer to work for a World leading Investment Bank located in London. This is an initial 6 month contract with potential to extend or convert to perm.
You will have Loan closing experience with skills in LMA Loans, ClearPar, Distressed Loans and/or Settlements.
Responsibilities- Monitoring trading systems for new trades and confirming trades with outside clients.
- Reviewing credit agreements and loan documentation to understand the requirements for deal specific transfers for Par, Distressed and Private Security transactions.
- 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.
- Co-ordinating of settlements with Client and Agents, ensuring all sign offs and approvals for transfer are obtained.
- Co-ordinating loan to loan and loan to private security restructures.
This will involve working with Trading Desk, Controllers, Clients and Agents and Legal to confirm necessary documentation position updates. The role provides a high level of interaction with trading, sales and outside clients, as well as exposure to in house lawyers, compliance, credit, regulatory teams and other Operations areas covering the trading desk.
Skills- Knowledge of ClearPar, Par, LMA & Distressed Bank Loans / Loan Closing.
- Experience of navigating Loan Credit Agreements.
- Excellent people management and coaching skills.
- Ability to work well under pressure and meet strict deadlines.
- Ability to learn quickly in a fast-moving environment.
- Strong attention to detail and the ability to keep track of a large workload.
- Strong control mind set, to enhance the existing infrastructure to support increases in business.
- Strong organisational skills and flexibility, with the ability to cope with rapidly changing priorities throughout the day.
- Excellent interpersonal skills and self-confidence, including the ability to deal with demanding business requirements, protecting the interests and reputation whilst maintaining a commercial outlook.
You are passionate about using your communication skills to influence discussions with internal business teams and outside clients, as well as various Federation teams (including house lawyers, compliance, credit, regulatory teams and other Operations areas). The team needs people who can prioritise and display flexibility; will pay close attention to detail and display a high standard of accuracy and responsiveness; have a positive attitude and will work towards accomplishing the goals of the team.
Our impactOur team of critical thinkers partners with groups in all areas of the firm to perform financial analytics, reporting, data analytics and engineering. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation, and risk management. The team sits within Operations and supports various business teams involved in secondary market trading of performing and non-performing loans.
Role is an initial 6 month contract, £300 per day (Inside IR35/Umbrella) and based in the London office. The role will be extended or potentially convert to perm. Please send me your CV for an immediate review.
Loan Closing Analyst / Loan Closer employer: Strategic Staffing Solutions
Contact Detail:
Strategic Staffing Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Closing Analyst / Loan Closer
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to professionals in your field. You never know who might have the inside scoop on job openings or can refer you directly.
✨Ace the Informational Interview
Set up informational interviews with folks already working as Loan Closing Analysts or in similar roles. This is a great way to learn more about the job and make a lasting impression. Plus, it shows your genuine interest in the field!
✨Showcase Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with LMA Loans, ClearPar, and Distressed Loans. Be ready to discuss specific examples of how you've successfully managed loan closings or settlements in the past.
✨Apply Through Our Website
Don’t forget to apply for the Loan Closing Analyst position through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Loan Closing Analyst / Loan Closer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your loan closing experience and skills in LMA Loans, ClearPar, and Distressed Loans. We want to see how your background aligns with the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Attention to Detail: In this role, attention to detail is key. When you submit your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application is polished and professional.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Strategic Staffing Solutions
✨Know Your Loan Closing Inside Out
Make sure you brush up on your knowledge of LMA Loans, ClearPar, and Distressed Loans. Be ready to discuss your previous experiences in loan closing and how they relate to the responsibilities outlined in the job description.
✨Prepare for Technical Questions
Expect questions about credit agreements and loan documentation. Familiarise yourself with the specific terms and processes involved in deal transfers, as well as any relevant regulations that may come into play.
✨Showcase Your Interpersonal Skills
Since this role involves liaising with various teams, be prepared to demonstrate your excellent communication skills. Think of examples where you've successfully navigated complex discussions or resolved conflicts with clients or colleagues.
✨Demonstrate Your Organisational Skills
Highlight your ability to manage a large workload and meet strict deadlines. Share specific strategies you use to stay organised and prioritise tasks, especially in fast-paced environments like trading desks.