Primary Loans Trading Closer

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Randstad Financial & Professional
  • 03 Jan 18 2018-01-03

An immediate opportunity has arisen for an experienced Primary Loan Trading Closer to join our client, a leading investment bank based in Canary Wharf.

An immediate opportunity has arisen for an experienced Primary Loan Trading Closer to join our client, a leading investment bank based in Canary Wharf.

Key responsibilities of the Primary Loan Trading Closer will include:

*The primary loan trading operations team provides back office support for the Loan Syndicate team within LAF (Leveraged and Acquisition Finance)
*The Closer is responsible for a timely closing of all primary loans trades. Liaising with internal teams (loan syndicate, legal execution, KYC, Agency)) and external legal counsel and counterparts. Efficient closing using knowledge to clear the banks settlement risk. Working knowledge of ClearPar, LMA and LSTA documentation and procedures

*Manage the full portfolio of primary leveraged loans covering LMA, LSTA Par, trades
*Ensuring that all documentation satisfies procedural and audit requirements in respect of LSTA and LMA PAR trading
*Liaison with Legal internal/external in executing transfer certificates and pricing letters/funding memos, following the trade life cycle from allocation to settlement


The ideal Primary Loan Trading Closer will possess the following attributes/skills:

* Previous loan closing experience is a significant advantage for the role as would be legal understanding of documentation.
* Knowledge of Clear par, Loan IQ, SENTRY, Debt domain, Excel, and LSTA and LMA documentation,
* Strong communication skills to deal with both internal and external clients, including front office staff, Agency, legal execution.
* Strong organisational skills and the ability to prioritise work, to ensure transaction deadlines are achieved.
* Pro-active problem solving attitude

If you have similar Primary Loan Trading Closer experience to that outlined above and are looking for a new opportunity within a progressive and dynamic environment, please forward your CV today.

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003