Loan Operations Specialist

2 weeks ago


London, United Kingdom Telstra Associates Full time

A Big 4 Consultancy is seeking a Loans Closing Operations Specialist on a contract basis to work in London. This role is onsite full time.
The Credit Loans Middle Office Team supports various business teams with the origination, syndication, and secondary market trading of performing and non-performing loans. While loans are the primary product supported, the business continues to expand into other areas such as structured products, and private equities. Credit Loans Middle Office works in partnership with various business teams to ensure efficient pre-trade due diligence, execution and settlement (the ''closing'' role) of both primary and secondary loans.
The team is responsible for helping to maintain the integrity and accuracy of the risk positions taken by the firm and resolving any trade settlement issues that may arise
Monitoring trading systems for new trades and confirming trades with outside clients
·Liaising with Legal, Compliance, Credit, Trading Desks, Agency and Servicing teams to ensure necessary approvals are obtained, pricing/cashflows are agreed, reconciled and settled within our system
Knowledge and previous experience of Bank Loans Closing, Servicing or Agency activity
·Experience of navigating Loan Credit Agreement
·Strong control mindset, to enhance the existing infrastructure to support increases in business
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