As a Primary Loan Associate Closer within the Wholesale Lending Services team, you will manage a portfolio of primary loan trades from the trade date to settlement. You will operate in a dynamic environment, collaborating with the trading desk, external clients, legal counsel, and other WLS teams to settle primary loan trades across Europe, Middle East, and Africa (EMEA). |
Job Responsibilities
- Partners with the trading desk, external clients, legal counsel and operations to settle primary trades across Europe Middle East and Africa (EMEA)
- Understands, reviews and drafts LMA standard documents and other trade-related documents including Assignment Agreements, Global Transfer Certificates and Multilateral Agreements
- Coordinates with internal and external legal counsel to agree to proposed changes to trade documents
- Reviews and understands syndicated credit agreements with specific focus on transfer mechanics
- Manages a challenging trade portfolio across various lines of business while maintaining a healthy aging profile and driving reduced settlement times
- Identifies and escalates issues to the front office trading assistants / traders / sales people, internal legal counsel and operations management
- Works directly with counterparties, internal partners and external Agents to resolve issues
- Coordinates timely and precise trade settlement with various settlement groups across WLS
- Performs trade-related calculations, including OID & Ticking Fee
- Creates and understands key metrics reporting for front office teams; daily / weekly / monthly reporting of open / closed / new trade population
- Works on non-BAU projects and initiatives designed to improve automation and strengthen the team’s control environment
Required qualifications, capabilities, and skills
- Excellent oral and written communication skills
- Excellent analytical skills
- Extremely detailed and control orientated; keen to understand the detail
- Strong PC skills in particular Excel, Word and PowerPoint
- Must have excellent client service skills
Preferred qualifications, capabilities, and skills
- Knowledge of LMA documentation, Loan IQ and ClearPar