Lma Loan Documentation Specialist

**Your New Job Title**:LMA Loan Documentation Specialist (Banking)
**The Skills You'll Need**:Fluent English, LMA loan documentation experience is essential
**Your New Salary**:up to £70k depending on experience
**Location**:Central London
**Job status**:Permanent

**Summary**:

- Responsible for ensuring that the facility agreements and all transaction documents throughout the loan cycle are prepared in compliance with terms as per proved credit proposal and completed in a timely manner.
- Act as a Loan Documentation Specialist who focuses on LMA documentation.

**What You'll be Doing Each Day**:
Customer
- Review loan documentation within the specified timeframe as required to meet business needs

Process
- Review and comment on NDAs for potential primary or secondary deals;
- Upon approval of credit proposal, register new facility proposal on monitoring report (i.e. incoming log), monitor execution of documentation, drawdown and return of executed documentation;
- Review and negotiation of bi-lateral and syndicated primary loan documentation including enhanced form of Bank’s standard facility letters, LMA-based facility agreements, deeds of priority and inter-creditor agreements, security documentation (e.g. debentures,share charges, subordinated debt assignments, collateral warranties, and fee letters; ancillary documentation such as duty of care agreements, subordination agreements, reliance letters, broker’s insurance letters, letters of undertaking; due diligence documentationsuch as Certificates of Title and overview reports), legal opinions, asset and property management agreements etc.; and ensure loan documentation are in compliance with terms of approved credit proposal at all times;
- Participation in meetings and conference calls with clients and their solicitors or other advisors or third parties involved in the transaction;
- Attend secondary trading documentation (e.g. transfer certificates, trade confirmations and pricing letters); and liaise with external legal counsel to obtain legal opinions if required;
- Liaise with external legal counsel and security agent throughout the loan documentation process as well as post-issue;
- Check to ensure the solicitor firm’s to act on our behalf is to have a minimum of two Solicitors Regulatory Authority partners; and if not seek instructions from account officers;
- Ensure all conditions precedent to drawdown have been satisfied or waived at drawdown; complete pre-drawdown check lists requirements;
- Ensure utilisation requests are in compliance with facility agreements;
- Post-issue monitor of outstanding items (e.g. collection of original copies of executed loan and security documentation, legal opinions, ancillary documents etc.) from time to time;
- Monitor the conditions subsequent on internal logsheet, follow up on outstanding items and report to HO on a monthly basis;
- Post-issue documentation support (e.g. review of documentation requiring Bank’s consent such as headleases, leases, section 106 agreements, new borrower or guarantor accession etc.); document consents, waivers etc.; attend amendment and restatement of facilityagreements; and ensure relevant documentation are in compliance with terms of approved credit proposal at all times;
- Post-issue monitoring of loan security (e.g. assignment of new leases, insurance renewals etc.);
- Attend to requisite documentation relating to release of securities once credit approval is obtained (e.g. deed of release, DS1s, removal of charges from jurisdiction of register etc. if external legal counsel is not involved);
- Contribute to the maintenance of legal updates and templates
- Maintain procedural checklists in relation to the review of various loan-related documents

People
- To monitor and supervise Loan Documentation Associate to perform all tasks in relation to Loan Documentation properly and in a timely manner
- Constantly strive to improve team performance.
- Training and Competence - identify training needs; provide regular feedback and coaching to ensure that their maximum potential is achieved.
- Ensure own personal development objectives are achieved.
- Work closely with other teams to achieve bank objectives.

**The Skills You'll Need to Succeed**:

- Proficient in spoken and written English.
- Strong experience on LMA documentation and commercial lending.
- Familiarity with LMA primary and secondary documentation.
- Experience as the documentation specialist
- Contributes as a coach and assists in the development of team members
- Delivers quality services to customers (internal & external) and satisfies their needs.
- Complies with the service standards of the team (if any) and the Bank.

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