At a Glance
- Tasks: Manage the lifecycle of syndicated loans and enhance operational processes.
- Company: Join UnitedLex, a leader in data and professional services with a focus on innovation.
- Benefits: Enjoy competitive pay, work-life balance, and opportunities for professional growth.
- Why this job: Be part of a dynamic team making impactful contributions in the financial sector.
- Qualifications: 6+ years in loan closing, strong communication skills, and attention to detail.
- Other info: Work from our central London office with a supportive and collaborative culture.
The predicted salary is between 48000 - 72000 £ per year.
Overview
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Job Description
United Lex is adding a Senior Manager to our growing UK LexLoan team! The 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.
Given the nature of business and client driven security policies and requirements, this position will primarily be Work from Office (WFO) at the client site in central London. Work hours will generally be 8am to 5pm with weekends off and will follow the client\\\’s holiday calendar for UK. We welcome applicants from the area commutable to central London.
See \”About Us\” for more information about our corporate philosophy, perks, and benefits.
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 to ensure that all transfer criteria can be met.
- Settle trades via ClearPar or on paper documents, where required.
- In the case of trades to be settled on paper documents, prepare draft trade confirmations, transfer documents and pricing letters (amongst others).
- Manage the loan trade lifecycle post trade execution and coordinate trade settlements in the Syndicated and Secondary Loan Market.
- Troubleshoot, escalate, and solve problems that arise 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.
- Co-ordinate and resolve any post trade settlement issues and cash queries with back office and trading counterparties.
- Collaborate with teammates to streamline processes and create efficiencies.
- Experience in trade operations processes and servicing bank loans.
- Ensuring timely delivery of internal and external reports.
- Liaise with front office, when required, to facilitate pre-trade arrangements.
Role Description
- Work with global teams to accomplish client and organizational goals.
- Coordination of 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 a multitude of deal names and facilities.
- A proactive and dynamic approach is required towards settling trades and keeping balance sheet exposure low.
- Ability to analyze complex issues and apply analytical/logical thinking.
- Perform reporting and data mining when required.
- Assist and participate in the process of new client pursuits through in person and virtual presentations and supporting the sales process in helping solution to 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 suite of applications.
- Graduate any stream (Commerce/Accounting/Economic graduates may have an added advantage).
- Strong team player.
- 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.
- Be willing 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 the business. Our business is anchored by a passion for innovation brought to life by a global community of diverse individuals determined to deliver on the promise of data mastery, legal acumen, and human ingenuity.
Please refer to our Privacy Policy at UnitedLex for information
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Sr. Manager- Syndicated Loans Closing Operations employer: UnitedLex
Contact Detail:
UnitedLex Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sr. Manager- Syndicated Loans Closing Operations
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a new role. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching the company and the role thoroughly. Understand their values and how your experience aligns with their needs. This will help you stand out and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. Focus on articulating your experience in loan operations and how you can contribute to the team at UnitedLex.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the position and your professionalism.
We think you need these skills to ace Sr. Manager- Syndicated Loans Closing Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Sr. Manager role. Highlight your experience in Syndicated Loans and any relevant skills that match the job description. We want to see how your background aligns 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 our team at UnitedLex. Share specific examples of your past experiences that relate to the responsibilities listed in the job description.
Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t forget to proofread for any typos or errors. We appreciate attention to detail!
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 shows you’re keen on joining our team!
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. Being able to discuss these confidently will show that you're not just familiar with the terms but can also apply them in real-world scenarios.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled trade discrepancies or other operational challenges in the past. Highlighting your analytical thinking and proactive approach will demonstrate that you can handle the fast-paced environment of loan operations.
✨Communicate Clearly and Effectively
Since this role involves liaising with various teams, practice articulating your thoughts clearly. Use specific examples from your experience to illustrate your communication skills, both written and verbal, as this is crucial for coordinating with front office and back office teams.
✨Be Ready to Discuss Process Improvements
Think about ways you've streamlined processes in previous roles. Be prepared to share ideas on how you could contribute to creating efficiencies within the Syndicated Loans team at UnitedLex. This shows that you're not just a doer but also a thinker who can add value to the organisation.