Loans Syndication Support

Our client is a Global Bank looking to hire an associate to join their Global Loans Syndication team in London.

Principal Purpose of the Job: To assist the Global Loan Syndications team in both identifying and executing new loan opportunities in order to improve the Bank’s market credentials and profile whilst also contributing to the up-tiering in client relationships. A key part of the role will be to provide high quality presentations aimed at both external clients and internally to senior management at ALCO and EXCO meetings as well as to the overseas branches for regular market updates. There will also be a strong focus on the development and maintenance of a number of reports and spreadsheets linked to deals closed, fee reporting, deal pipeline, co-operation with the Bank’s overseas branches and the monitoring of department performance targets.

Main Responsibilities & Accountabilities include:

• Preparation of the internal presentations such as market update to branches, Head Office and for EXCO preparation.
• Preparation of league table submissions on closed tables.
• Preparation of case studies / credentials on closed deals.
• Maintaining deal tombstones for all Bank closed transactions involving roles with MLA title or above, which will be used for internal and external presentations.
• Assisting in the preparation of client presentations.
• Preparing various search requests linked to outstanding deals, pricing comparative analysis and loan maturity analysis for refinancing opportunities.
• Preparing invitation letters to investors when the Bank is acting as Bookrunner.
• Assisting with the preparation of secondary trade approvals and related checklists.
• Assisting with the preparation of payment/receipt memos related to the settlement of secondary deals.
• Tracking the status of the approval process linked to the internal sign-off on secondary trades.
• Maintaining and updating the GLS pipeline.
• Maintaining and updating the fee revenue report on closed deals linked to KPIs.
• Maintaining and updating a spreadsheet on closed deals arranged by other banks for pricing and structure comparison.
• Maintaining and updating a spreadsheet on all financing opportunities discussed with the branch network.
• Joining regular calls with the Bank’s branch network.
• Ensuring that the professional image of the Bank’s Loan Syndications business is maintained at all times.
• Compliance with all applicable regulatory and internal policies.
• Other tasks as directed by the Department Head and other team members.

Specific Accountabilities: To assist in the origination, development, marketing, negotiation and execution of transactions with the Bank’s clients in the UK and across the EMEA region. To manage all the administrative and reporting activities including maintenance of the deal pipeline, maintenance of the fee report linked to closed deals and maintenance of a spreadsheet on all financing opportunities discussed with the Bank’s branch network. To prepare a number of internal and external presentations on a regular basis.

Skills Required: In addition to the task associated skills included within Principal Purposes of the Job above, the job holder will be expected to possess, demonstrate and develop specific skill sets and knowledge as follows:

• Good knowledge of the syndicated loan market.
• Sound credit knowledge.
• Understanding of all relative market developments and trends across the range of borrower/asset type including products, structures, pricing, documentation, participants and investors.
• Excellent organisational skills with ability to use own initiative and capability to manage a variety of competing tasks and issues, prioritising appropriately and escalating where necessary.
• Excellent communication skills and interpersonal skills, including the ability to communicate confidently and credibly, both orally and in writing.
• Diligence (attention to detail) and high productivity.
• A team player with a hands-on attitude combined with a collaborative, problem-solving approach.
• Motivated by challenges, responding positively to them. Flexible approach to change and an ability to adapt working styles accordingly.
• Ability to quickly build good knowledge of the Bank and understanding how to get things done quickly and efficiently.
• Strong IT skills and MS Office packages.
• Good working knowledge and competent user of transactional and information websites such as Debt Domain, Dealogic and Bloomberg.

If candidates possess some Credit Analysis experience, this will be useful in understanding the different types of borrowers. Also, knowledge and experience of writing credit papers would be advantageous so the individual is familiar with SWOT analysis etc. We are looking for someone who is keen and excited by our opportunity and who will be a "team player". Attention to detail is very important and the incumbent should ideally possess an understanding of the process around syndicated deals and will be able to get involved in all aspects of these deals (e.g. learn to set up Debt Domain, preparing invitation letters, deal information preparation, Bookrunning, etc). Ideally, potential candidates should have 1 to 3 years relevant experience.