Senior Capital Markets Loan Trade Financing Specialist - Banking Operations New York - United States Senior Capital Markets Loan Trade Financing  …

in New York, NY, United States
Permanent, Full time
Be the first to apply
in New York, NY, United States
Permanent, Full time
Be the first to apply
Senior Capital Markets Loan Trade Financing Specialist - Banking Operations New York - United States
This position is with the Capital Market Finance Operations Team and is responsible for the Middle Office duties of coordinating, settlement and closing of primary and secondary trades in the Loan Sales and Trading, Total Return Swaps ('TRS") and CLO Trading business lines. Day to day responsibilities include but are not limited to performing various Middle Office tasks related to the management, closing and funding of the loan sales and trading activity, drafting of funding memos, assignments, trade confirmations and various loan purchase and sales agreements, calculation of delayed compensation, reviewing credit agreements and posting/retrieval of documents to Intralinks and Debt Domain. Creating and updating daily spreadsheets for the TRS and CLO business, including swap settlements and maintaining accurate exposure and collateral position reconciliations. Ability to multi-task and handle heavy interaction with the Loan Trading, Asset Backed Products & Syndication Front Offices and related clients and agents to coordinate the closing and booking of loans and trades. Additionally, this position will be responsible for monitoring and reconciliation of collateral manager and trustee reports, review of corporate action notices and the preparation of various related reports. Participation in the team's cross-training initiative is required and providing coverage as needed for the various transversal team functions.


  • Perform a pre-funding review of KYC compliance, credit approvals and loan documents
  • Coordinate and manage the timely settlement/funding and booking for par and distressed loan trades including primary, secondary and third-party trade settlements and credit facilities (Agency, Participations, Bi-lateral and Syndications)
  • Drafting of various loan and trade documents including funding memos, trade confirmations, assignments, purchase and sale agreements, multi-lateral netting and accession agreements
  • Review of credit agreements with the ability to determine assignment provisions and eligibility requirements
  • Confirmation of trades to trader's blotter and LoanTrak front end system
  • Poll trade counterparties for pending corporate actions/amendments
  • Process accounting entries and maintain loan records in SG systems
  • Create and maintain spreadsheets for new Total Return Swaps and CLOs
  • Perform the daily cash and positions reconciliation
  • Calculation of delayed compensation
  • Monitoring and reconciliation of servicer reports from 3 rd party servicer
  • Liaise with Paris Operations Teams, Front-Office, various internal Operations, Accounting, KYC Teams and external counterparties during the coordination of funding, settlement and on-going servicing period
  • Prepare various reports related to the Loan Sales & Trading, TRS & CLO Portfolios
  • Participate in periodic team projects
  • Reconcile daily reporting with Trustee Bank
  • Perform other reporting/monitoring tasks as required for CMF Middle Office

  • Profile Required


    Required/Must have:
  • Strong knowledge of LSTA guidelines, loan and trade closing and settlement process
  • Strong Excel skills (Advanced) is a must with ability to update complex spreadsheets
  • Strong knowledge and experience using Loan IQ, Clearpar, Loantrak or an equivalent trading platform
  • Experience reviewing and interpreting credit documentation from an Operations perspective
  • Strong awareness of Bank Regulations such as AML, KYC & USA Patriot's Act, OFAC Sanctions & FATCA
  • Knowledge of LMA guidelines

    Required/Must have:
  • Ability to create and maintain excel spreadsheets with macros
  • Maintain high level of accuracy
  • Strong analytical skills
  • Good communication and writing skills
  • Strong attention to details and deadlines
  • Professionalism in interacting with clients and management
  • Teamwork
  • Willingness to cross-train on several varied functions
  • Must be able to work under pressure and manage time efficiently to meet daily deadlines
  • Strong organizational skills and ability to multi-task with minimal follow-up


    Required/Must have:
  • Minimum of 3 to 5 years of loan trade settlement coordination and closing experience in a similar loan/trade operations team
  • Experience utilizing agency data sites (i.e. Intralinks, Debt Domain, & Syndtrak)

  • Bachelor's degree (Finance, Business Administration or related major)

  • Business Insight

    Societe Generale Corporate Investment Bank is the third largest corporate and investment bank in the Euro zone. It is an Investment Bank with three primary areas of focus; capital markets, derivates products and structured finance. Societe General is present in over 33 countries across Europe, the Americas and Asia-Pacific

    We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

    Job code: 19000U0Z
    Business unit: SG CIB
    Starting date: 16/12/2019
    Date of publication: 24/11/2019