Support the Leveraged Finance business through the coordination and booking of primary syndication allocations as well as perform middle office functions in support of the primary syndication business.
Coordinate, track and ensure all required responsibilities related to primary delayed comp rules are completed prior to trigger dates
Build and populate deals into Primary One for both institutional and pro-rata loans
Extract and create lender lists from internal systems rolled up at the parent level
Assist in tracking cashless roll and amendment vote trackers
Coordinate with syndicate/capital markets on allocation mechanics for institutional allocations
Create final allocation trackers to be distributed to the company, bookrunners and back office
Input and Submit Client Value Reference Data into the sales systems for all Institutional Leveraged transactions
Resolve trade disputes and discrepancies on any primary syndication
Input and Track all excess and Secondary Loan Trading buyback trades
Required qualifications, capabilities, and skills
Bachelor's degree or 4 years relevant operations experience within Syndicated Loan Space
Understanding of Loan Syndications and Trading Association (LSTA) standard terms and conditions particularly around delayed compensation rules
Familiarity with loan-based software (LoanIQ, ClearPar)
Knowledge of the Loan product / Syndicated Loan business, including an understanding of a credit agreement, LSTA standard documentation, loan funding mechanics, deal structure, ticking fees, funds flows, etc
Thorough understanding of the trade lifecycle and experience supporting Credit Trading and Debt Capital Markets
Excellent analytical and critical thinking skills
Ability to professionally communicate verbally and through written communication
Ability to work effectively across groups within the organization
Strong focus on control and process improvement
Understanding and application for Microsoft Office Suite (Excel, PowerPoint, Word)