At a Glance
- Tasks: Manage the lifecycle of syndicated loans and enhance operational processes.
- Company: Join UnitedLex, a leader in data and professional services.
- Benefits: Enjoy competitive salary, UK holiday calendar, and a collaborative work environment.
- Other info: Opportunity for career growth and international travel.
- Why this job: Make an impact in the fast-paced world of finance and legal services.
- Qualifications: 6+ years in loan closing with strong communication and analytical skills.
The predicted salary is between 48000 - 72000 £ per year.
Senior Manager - Syndicated Loan Operations shall operate within UnitedLex's LexLoan client office in London. They will be responsible for servicing all lifecycle events throughout the Syndicated Loans process and contribute expert level knowledge to projects and process enhancements. This position will primarily be Work from Office (WFO) at the client site in central London. Work hours are generally 8am to 5pm with weekends off and will follow the client's UK holiday calendar. Applicants from the area commutable to central London are welcome.
Responsibilities
- Closing of LMA Par, New Issue & Destress loan trades.
- Review underlying credit agreements to determine the correct form of assignment of the debt and ensure that all transfer criteria can be met.
- Settle trades via ClearPar or on paper documents, where required.
- Prepare draft trade confirmations, transfer documents and pricing letters for paper settlements.
- Manage the loan trade lifecycle post-trade execution and coordinate settlements in the Syndicated and Secondary Loan Market.
- Troubleshoot, escalate, and solve problems from trade discrepancies.
- Maintain, track, and prioritize all unsettled loan trades.
- Facilitate amendments, non-pro-rata paydowns, and Credit events.
- Liaise with front office, legal counsel, tax departments and back office to ensure timely settlements.
- Coordinate post-trade settlement issues and cash queries with back office and trading counterparties.
- Collaborate with teammates to streamline processes and create efficiencies.
- Bring experience in trade operations processes and servicing bank loans.
- Ensure timely delivery of internal and external reports.
- Liaise with front office to facilitate pre-trade arrangements when required.
Role Description
- Work with global teams to accomplish client and organizational goals.
- Coordinate trade settlements in the Syndicated and Secondary loan market through relationships with counterparties and the front and back office.
- Maintain and action a large portfolio of trades in multiple deal names and facilities.
- Adopt a proactive approach to settling trades and keeping balance sheet exposure low.
- Analyze complex issues and apply analytical thinking.
- Perform reporting and data mining when required.
- Assist and participate in the process of new client pursuits through in-person and virtual presentations, supporting the sales process to meet prospective client requirements.
Candidate Requirements
- 6+ years of overall Loan Closing experience in the LMA Loan Market.
- Thorough understanding of the Loan Market Association's Standard Terms and Conditions.
- Good understanding of LSTA Standard Terms.
- Excellent communication skills, both written and verbal.
- Highly motivated with the ability to thrive in a fast-paced, hands-on environment.
- Strong experience in client counterparty management.
- Exceptional attention to detail and proficient documentation skills.
- High proficiency in ClearPar and LoanIQ.
- High level of computer proficiency and MS Office.
- Graduate of any stream (Commerce/Accounting/Economics may have added advantage).
- Strong team player with understanding of Loan and Credit related products.
- Attention to detail and a high level of accuracy.
Work Conditions
- UK operating hours Monday through Friday; readiness to stretch when required.
- Adhere to UnitedLex and client confidentiality and information security policies.
- Willingness to travel internationally or visit client offices if required for business purposes.
About Us
UnitedLex is a data and professional services company delivering outcomes that create value and competitive advantage for legal and business teams. Our business is anchored by a passion for innovation and a global community focused on data mastery, legal acumen, and human ingenuity.
Sr. Manager– Syndicated Loans Closing Operations in London employer: UnitedLex
UnitedLex is an exceptional employer that fosters a dynamic and inclusive work culture, offering employees the chance to thrive in a hybrid environment in London. With competitive salaries, performance bonuses, and ample opportunities for professional growth, we empower our team members to make meaningful contributions to innovative legal and business solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Sr. Manager– Syndicated Loans Closing Operations in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and legal sectors, especially those who have experience with syndicated loans. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of LMA and LSTA standards. Be ready to discuss how your experience aligns with the responsibilities listed in the job description. We want to see you shine!
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you've tackled trade discrepancies or streamlined processes in the past. This will demonstrate your expertise and proactive approach.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Sr. Manager– Syndicated Loans Closing Operations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Manager role. Highlight your experience in loan closing operations and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at UnitedLex. Share specific examples of your achievements in the Syndicated Loans space and how you can contribute to our team.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your written application reflects that. Keep your language clear and professional, and don’t forget to proofread for any typos or errors before hitting send!
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, you’ll get to explore more about our company culture while you’re there!
How to prepare for a job interview at UnitedLex
✨Know Your Syndicated Loans Inside Out
Make sure you brush up on your knowledge of the Syndicated Loans process, especially the LMA and LSTA Standard Terms. Be ready to discuss specific lifecycle events and how you've handled them in the past. This will show that you're not just familiar with the terms but can apply them practically.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled trade discrepancies or settlement issues in previous roles. Highlight your analytical thinking and how you’ve collaborated with teams to streamline processes. This will demonstrate your proactive approach and ability to thrive in a fast-paced environment.
✨Communicate Clearly and Confidently
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly. Whether it's discussing complex issues or liaising with different departments, being able to convey your ideas effectively will set you apart from other candidates.
✨Be Ready to Discuss Client Management
Think about your experience in managing client relationships and how you've facilitated pre-trade arrangements. Be prepared to share specific instances where your attention to detail and documentation skills made a difference. This will highlight your fit for the role and your understanding of client needs.
