Distressed Loan Closer

3 weeks ago


London, United Kingdom eFinancialCareers Full time

Distressed Loan Closer
Major global investment bank have an exciting opening for a Distressed Loan Closer
As a Distressed Loan Closer, you will be maintaining a portfolio of Distressed LSTA loan trades from trade date through to settlement. You will be progressing a high volume of both par and distressed trades and ensuring effective client service. You will berequired to work as part of a team effectively whilst being self-directed and hands-on.
Responsibilities include:

- Drafting and reviewing of LSTA Distressed trade documents.
- Training and encouraging the development new staff on Distressed Loans Processes, Distressed Bank Debt, Private Equity, Private Notes and Trade Claims Products and CLO's.
- Liaising with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents are in order for a smooth settlement.
- Reviewing of Credit Agreements to assess transferability requirements and restrictions.
**Requirements**:

- Able to interpret CLO warehouse agreements to set up internal processes
- Fully onboard warehouse internally and service throughout warehouse period
- Tie out final economics with trustees and fund manager
- Bachelor's Degree in Business or Finance
- 7-10 Years' experience


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