Secondary Loan Closer

  • GBP250 - GBP275 per day
  • London, England, United Kingdom
  • Contract, Full time
  • DBFS
  • 16 Jan 19

My client, an Investment Bank based in London is looking for a Secondary Loan Closer to join their team.

Responsibilities:

  • To co-ordinate settlement and booking of loan trading transaction with Back Office.
  • To draft and send legal documentation (Market standard documentation) linked to the trades (LMA confirmation, Transfer Certificate, pricing letter etc.)
  • To verify that deals are correctly represented in the bank¿s systems and that they conform to legal documentation terms.
  • To book various fees, and communicate them in an appropriate manner
  • Ensure appropriate records of the transactions are kept and saved.
  • Solving issues and answering various queries.

Skills:

  • Good PC skills (including strong Excel skills)
  • To understand the fundamental policies and procedures of the bank
  • To have basics understanding of BO systems (Sentry); clear par and Loan trading documents and procedures
  • A knowledge of how the Fixed Income business is organised : relationship between the Middle, Front Office and Back Office
  • Settlement, PL and accounting basics are useful