Loan Closer/ Settlements/ Agency Loan Closer/ Settlements/ Agency …

Hays Financial Markets
in London, United Kingdom
Temporary, Full time
Be the first to apply
GBP300.00 - GBP400.00 per day
Hays Financial Markets
in London, United Kingdom
Temporary, Full time
Be the first to apply
GBP300.00 - GBP400.00 per day
Hays Financial Markets
Loan Closing/ Loan Settlement/ Loan Agency

Loan Closing Loan Settlement Loan Agency


Hays are looking for a Loan Closer / Loan Settlement Analyst to join an Investment Bank in London for a 6 month term.
You will be part of a team responsible for settlement of loan trades, by liaising with various counterparties (agent banks for example).


Key Responsibilities will include

  • Closing of PAR LMA and LSTA loan trades
  • Manage work flows via Clearpar/Markit
  • Drafting of Loan Trade settlement documentation - Trade Confirmations, Transfer Documents, Pricing Letters (amongst others) when not settling via Clearpar
  • Review of underlying credit documentation to ensure accurate assignment of debt
  • Liaise with our business partners, counterparties and their legal counsel in a professional manner and take the lead role where required.
  • Be competent in all aspects of settlement and be aware of the nuances of transferring inventory under various governing laws.
  • Have a good understanding of the Loan Market Association.
  • Monitoring/tracking/reporting of all trades using appropriate workflow tools
  • Identifying and escalating issues to traders, in house legal and compliance teams as well as management


    Knowledge/Experience:

  • A number years of Par Closing experience across LMA and LSTA markets
  • Fully competent of closing trades using the ClearPar trade settlement platform
  • Good understanding of the LMA Term and Conditions.
  • Understanding of common market practices.
  • Good understand of the market and requirements across jurisdictions to settle trades.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

Hays Financial Markets logo
More Jobs Like This
See more jobs
Close
Loading...
Loading...