Junior Loan Closer

3 weeks ago


London, United Kingdom Page Personnel Full time

Permanent loans role for a firm based in the city of London
- Excellent exposure, growth and progression opporunities

**About Our Client**:
The financial services client based in the City of London is a Japanese commercial bank that offers service in 19 branches in Japan and in 2 overseas representative offices.

The main duties of the Junior Loan Closer are as follows:

- Booking, confirming and settling par loan trades for leveraged loan investments within European corporates
- Reviewing and understanding LMA/LSTA Par standard documentation principally Trade Confirmations, Transfer Certificates and Pricing Letters
- Coordinating with trade counterparties to ensure timely settlement of trades
- Reviewing loan/credit documentation
- Managing funding through SPVs in order to settle trades
- Conducting KYC on and with our trade counterparties
- Reviewing Anti Money Laundering checks on our borrowers
- Management of deal covenants and reporting due dates as well as the Waiver and Amendment process for existing deals.
- Ongoing management of existing loan portfolio and processing within Wall Street Office (WSO)
- Work with Front Office and internal legal to review, negotiate and execute LMA NDAs

**The Successful Applicant**:
The requirements for the Junior Loan Closer are as follows:

- Minimum of 2-3 years Loan Closing experience, or similar, preferably from a Buy-side institution
- Excellent understanding of the leveraged loans settlements process, LMA/LSTA Standard Terms and Conditions and LMA NDAs
- Experience with ClearPar, WSO and Intralinks / Debtdomain
- Ability to review and understand Credit Agreements
- Strong organisational skills and the ability to prioritise work to ensure transaction deadlines are achieved
- CLO knowledge is preferable
- Proficiency in MS Office suite, in particular Excel and Word

**What's on Offer**:
Office in the City of London

Competitive salary of £40,000-£50,000 plus bonus and full benefits package

Excellent exposure, training, culture and progression opportunities


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