FINANCIAL SERVICES RECRUITMENT

LONDON | NEW YORK

JOB SUMMARY

Loan Agency Operations

My client is a market leading provider of global corporate trust services, based in London. They are looking to fill a 12-month fixed term contract role in their Loan Agency Group, which is a division within Corporate Trust Services. Due to continued growth, the Loan Agency team is now expanding, and this role will provide support for Security Trustee / Security Agent and Facility Agent role.

JOB TEXT

My client is a market leading provider of global corporate trust services, based in London.
They are looking to fill a 12-month fixed term contract role in their Loan Agency Group, which is a division within Corporate Trust Services. Due to continued growth, the Loan Agency team is now expanding, and this role will provide support for Security Trustee / Security Agent and Facility Agent role.

You will be responsible for managing a varied portfolio of bilateral and syndicated loans:

ESSENTIAL FUNCTIONS:

* Processing rollovers, drawdowns, rate fixing, transfers, interest and principal payments.
* Act as a point of contact for Lenders and Borrowers.
* Calculate ratios to confirm financial covenant compliance.
* Process Waterfall transactions / Priority of Payments.
* Liaise with Arrangers, lawyers and the originating business areas in the review and negotiation of draft loan / credit documentation from an operational role perspective, where the company is named as Facility Agent and Security Trustee.
* Provide comments, requests for amendments, and feedback as necessary.
* Attend meetings with RM group to ensure understanding of the responsibilities of the Agent role for individual transactions.
* Manage individual and Team notifications, receipt and distribution of any financial disclosure requirements for allocated portfolio.
* Liaise with Business and external lawyers to ensure Conditions Precedents to drawings have been met.
* Prepare Working Summary highlighting deal specific nuances.
* Provide relevant data to maintain an accurate record of all Facilities in the system database.
* Communication with Borrower, Lenders and other relevant parties in day-to-day issues / queries.
* Receive, review and manage all waiver/ amendment requests received from the Borrower / Banks, including actual or potential Events of Default.
* Co-ordinate and lead event driven calls with lenders/lawyers.
* Review and sign off of documentation and system/record updates in relation to any secondary debt trades/transfers.
* Liaise with systems vendors to resolve issues
* Prepare / check outgoing payments
* Provide absence cover for operations

Ideal Background:

This hire needs to have a background in Agency Loan Operations combined with strong loan agency documentation skills.
The role also requires excellent communication, time management, and customer service skills;
Strong excel skills, strong IT skills, ability to manage own workflows and to cope with complex transactions; ability to multi-task.

A DIFFERENT APPROACH TO HUMAN CAPITAL MANAGEMENT
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  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Charles Levick
  • 2018-10-15