Distressed Loan Closer

3 months ago

London, United Kingdom HSBC Full time

-Job description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

HSBC Markets & Securities Services Business is one of the largest of its kind in the world. It combines sophisticated 24-hour global coverage with a detailed knowledge of local markets. Products & services are offered through a network of more than 60 countries worldwide including the specialized ESG team who provide leading solutions to our clients, supporting HSBC’s net zero ambitions and embedding sustainability into the core of how we do business.

We are currently seeking a high calibre individual to join the team in the role of Distressed Loan Closer

The Secondary Loan Trading Ops team provide post trade support to the Private Credit desk (Trading and Sales), part of GBM Global Debt Markets. The Operations team undertake the Closing, Middle Office duties, and Settlement & Servicing processes for Secondary Loan trades. Segregation from the Private Credit Trading function is critical to provide independent trade booking, checks and controls over trade confirmations, transfer certificates and back office system entries.

The Distressed Closer is responsible for a timely closing of Claims, Distressed and all offline traded secondary loan trades. Liaising with internal and external legal counsel and counterparts.

This is a highly pivotal role within an exciting space. You will get the an opportunity to work within a global entity with exposure to front office trading.

In this role, you will:

- Manage a portfolio of traded loans, managing a portfolio inventory covering LMA, LSTA Par, Distressed and Claims trades
- Ensure that all documentation satisfies procedural and audit requirements in respect of LSTA and LMA PAR, Claims and distressed trading.
- Liaison with Legal internal/external giving feedback on Distressed and Claims traded documents, following trade life cycle from trade to settlement
- Ensure Trades are updated in banks systems SENTRY, and Loan IQ in accordance with banks procedures to accurately reflect purchase or sale risk and P&L accounting requirements
- Resolution of long outstanding trades, taking action to actively close whilst working closely with the Sales, Trading and Closing teams, Legal and Agents to ensure the smooth processing of trade transactions.
Requirements
To be successful in this role you should meet the following:

- Exceptional knowledge and a proven background in Distressed Loans is paramount
- A solid understanding of Front-to-Back Operational processes (Middle Office, Confirmations, Settlements) is essential
- Experience of using Loan IQ and/or ClearPar operating systems is highly advantageous
- Excellent written and oral communication skills with a focus on attention to detail and ability to prioritise appropriately
- Control focussed with strong awareness of Operational Risk, supporting the Front to Back Office with a strong focus on root cause analysis with the aim of driving process improvement

**The base location for this role is **London**

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

**Telephone: +44 207 832 8500

  • Par & Distressed Loan Closer

    4 months ago

    London, United Kingdom Resource Solutions. Full time

    Resource Solutions. London, United KingdomPosted 3 hours ago Hybrid Contract Negotiable **Role Title**:Par & Distressed Loan Closer **Role Type**:Contract **Length**:6 months **Location**:London **Opportunity Overview**:A fantastic opportunity has opened to join my client JP Morgan, as a Par & Distressed Loan Closer. J.P. Morgan is a global leader in...

  • Par & Distressed Loan Closer – Associate

    3 months ago

    London, United Kingdom JPMorgan Chase & Co. Full time

    If you are interested in developing your career in Loan Trading business, check the below offer. The Loan Trading business is a part of the Corporate and Investment Bank’s Global Credit Trading platform. The business trades all privately issued loans, including second lien and mezzanine securities and in the case of distressed loans any successor or...

  • Par Loan Closer

    3 months ago

    London, United Kingdom Barclays Full time

    **Par Loan Closer** **London** As a Barclays Par Loan Closer, you will be managing a diverse portfolio of secondary loan trades from trade date through to settlement. Collaborating within a small team progressing both par and distressed trades will be part of your role, but with the focus being par trades. Within this role, you will become an integral to...

  • Loan Closer

    1 week ago

    London, Greater London, United Kingdom CassonX Full time

    Job SummaryCassonX is seeking a highly skilled Loan Closer to join our team in a Primary Market role. As a Loan Closer, you will play a critical role in supporting the Operations activities of our business, including loan closing, legal document review, and settlement of loan and bond trades.Key ResponsibilitiesAssist with loan closing, legal document...

  • Loan Closer

    7 days ago

    London, Greater London, United Kingdom CassonX Full time

    Job SummaryCassonX is seeking a highly skilled Loan Closer to join our team in a Primary Market role. As a Loan Closer, you will play a critical role in supporting the Operations activities of our business, including loan closing, legal document review, and settlement of loan and bond trades.Key ResponsibilitiesAssist with loan closing, legal document...

  • Loan Closer

    3 months ago

    London, United Kingdom UBS Full time

    United Kingdom - Operations - Investment Bank **Job Reference #** - 276873BR **City** - London **Job Type** - Full Time **Your role** - Are you an experienced Loan Closer with a broad knowledge of the syndicated loans market? Do you want to work in a middle office role within Operations that utilizes your skillsets? Do you enjoy working with clients,...

  • Loan Closer

    7 days ago

    London, United Kingdom Johnson & Associates Rec Specialists Ltd Full time

    Job SummaryJohnson & Associates Rec Specialists Ltd is seeking a highly skilled Loan Closer to join our team in London. As a Loan Closer, you will be responsible for the settlement of primary and secondary loan trades, ensuring the smooth and timely completion of all loan settlements.Key ResponsibilitiesManage the entire settlement process for primary and...

  • Loan Closer

    7 days ago

    London, United Kingdom Johnson & Associates Rec Specialists Ltd Full time

    Job SummaryJohnson & Associates Rec Specialists Ltd is seeking a highly skilled Loan Closer to join our team in London. As a Loan Closer, you will be responsible for the settlement of primary and secondary loan trades, ensuring the smooth and timely completion of all loan settlements.Key ResponsibilitiesManage the entire settlement process for primary and...

  • Senior Loan Closer

    2 days ago

    City of London, United Kingdom Johnson & Associates Rec Specialists Ltd Full time

    About Johnson & Associates Rec Specialists Ltd:We are a leading recruitment agency specializing in financial services, dedicated to connecting top talent with prestigious clients.Job Summary:We are seeking a highly skilled Loan Closer to join our team on a temp-to-perm basis. As a Loan Closer, you will be responsible for managing loan operations, ensuring...

  • Senior Loan Closer

    2 days ago

    City of London, United Kingdom Johnson & Associates Rec Specialists Ltd Full time

    About Johnson & Associates Rec Specialists Ltd:We are a leading recruitment agency specializing in financial services, dedicated to connecting top talent with prestigious clients.Job Summary:We are seeking a highly skilled Loan Closer to join our team on a temp-to-perm basis. As a Loan Closer, you will be responsible for managing loan operations, ensuring...

  • Loan Closer

    5 days ago

    London, Greater London, United Kingdom Johnson & Associates Rec Specialists Ltd Full time

    About the RoleJob Summary:We are seeking a highly skilled Loan Closer to join our team at Johnson & Associates Rec Specialists Ltd. As a Loan Closer, you will be responsible for managing the loan process from application to closure, ensuring timely and efficient processing.Key Responsibilities:Review and analyze loan applications to ensure compliance with...

  • Loan Closer

    5 days ago

    London, Greater London, United Kingdom Johnson & Associates Rec Specialists Ltd Full time

    About the RoleJob Summary:We are seeking a highly skilled Loan Closer to join our team at Johnson & Associates Rec Specialists Ltd. As a Loan Closer, you will be responsible for managing the loan process from application to closure, ensuring timely and efficient processing.Key Responsibilities:Review and analyze loan applications to ensure compliance with...

  • Primary Loan Closer

    3 months ago

    London, United Kingdom HSBC Full time

    -Job description Some careers shine brighter than others. If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. HSBC Global...

  • Primary Loan Closer

    3 months ago

    London, United Kingdom HSBC Full time

    Some careers shine brighter than others. If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. HSBC Global Banking and Markets...

  • Corporate Loan Operations Manager

    7 days ago

    London, Greater London, United Kingdom CassonX Full time

    Job SummaryCassonX is seeking a highly skilled Loan Closer to join our team in a Primary Market role. As a Loan Closer, you will play a critical role in supporting the Operations activities of our business, including loan closing, legal document review, and settlement of loan and bond trades.Key ResponsibilitiesAssist with loan closing, legal document...

  • Corporate Loan Operations Manager

    1 week ago

    London, Greater London, United Kingdom CassonX Full time

    Job SummaryCassonX is seeking a highly skilled Loan Closer to join our team in a Primary Market role. As a Loan Closer, you will play a critical role in supporting the Operations activities of our business, including loan closing, legal document review, and settlement of loan and bond trades.Key ResponsibilitiesAssist with loan closing, legal document...

  • Loan Operations Specialist

    2 weeks ago

    London, United Kingdom Bank of America Full time

    Job Description:Job Title: Loan Operations Specialist / Senior Loan Closer Corporate Title: Up to Vice President Location: London Company Overview: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients,...

  • Loan Closer

    1 week ago

    London, Greater London, United Kingdom One Ten Associates Full time

    About One Ten AssociatesWe are a leading financial services company with a strong presence in the market. Our team is dedicated to providing exceptional services to our clients, and we are currently seeking a skilled Loan Closer to join our ranks.Job SummaryWe are looking for a highly motivated and experienced Loan Closer to join our team. As a Loan Closer,...

  • Primary Loan Closer

    2 weeks ago

    London, Greater London, United Kingdom HSBC Full time

    Job DescriptionJob Title: Primary Loan CloserJob Summary:We are seeking a highly skilled Loan Closer to join our team in the Leveraged and Acquisition Finance (LAF) department. As a Loan Closer, you will play a critical role in supporting the Loan Syndicate team by ensuring the timely closing of all primary loans trades.Key Responsibilities:Liaise with...

  • Primary Loan Closer

    4 days ago

    London, Greater London, United Kingdom HSBC Full time

    Job DescriptionJob Title: Primary Loan CloserJob Summary:We are seeking a highly skilled Loan Closer to join our team in the Leveraged and Acquisition Finance (LAF) department. As a Loan Closer, you will play a critical role in supporting the Loan Syndicate team by ensuring the timely closing of all primary loans trades.Key Responsibilities:Liaise with...