Senior Distressed Loan Specialist
2 weeks ago
About Our Client
">A major European bank is seeking a Senior Analyst Distressed Loan Closer to join their busy Operations Team.
Job Description
This role provides Middle Office support to the Loan Trading Desk, focusing on the production of Legal Documentation and settlement of secondary loan trades in accordance with Loan Agreements.
Key Responsibilities
- To collaborate closely with the Head of Middle Office Loan Trading UK.
- To handle Par, Distressed, and Claims trades, as well as Banking Book trades done by the Loan Trading Desk.
- To coordinate settlement and booking of loan trading transactions with Back Office.
- To draft legal documentation linked to trades (LMA Par/Distressed Trade Confirmation, Transfer Certificate, Pricing Letter, etc.).
- To draft documents and submit them in a timely manner in connection with Claims.
- To serve as a key reference point for the Par Loan closers worldwide.
Requirements
- Strong Excel skills.
- Familiarity with Fixed Income business organisation: relationship between Middle, Front Office, and Back Office.
- Settlement, P&L and accounting basics.
Preferred
- Previous experience as a Distressed loan trading closer preferably in an Investment Bank.
What We Offer
Senior Analyst Distressed Loan Closer - Assistant Vice President
Permanent role working for a leading financial services industry banking client based in London's West End. Estimated salary €80,000 - €100,000 per annum, depending on experience.
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