Our client is seeking a Loans Documentation Specialists to join the Credit Loans Middle Office Team. You must have experience of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA).
Your team will support a range of business areas with the origination, syndication and secondary market trading of performing and non-performing loans.
As part of your role, you will ensure efficient pre-trade due diligence, execution and settlement across both primary and secondary loans.
*Role: Loans Documentation Specialist
*Day rate: £245 per day (inside IR35)
*Pay framework: Umbrella Company
*Start date: ASAP
*Contract length: 6 months (with possible extension)
*Location: Central London – onsite full time, Monday to Friday, 08:30 to 18:30
Key responsibilities:
*Support the team to maintain the accuracy and integrity of the firm’s risk positions and resolve any trade settlement issues
*Monitor trading systems for new trades and confirm trades with external clients
*Draft, review and negotiate transfer documents including trade confirmations and transfer certificates
*Liaise with Legal, Compliance, Credit, Trading Desks, and Agency and Servicing teams to ensure approvals are obtained and pricing/cashflows are agreed, reconciled and settled
Essential skills:
*Essential: Understanding of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA) standards are an absolute must.
*Essential: Experience with ClearPar
*Knowledge and previous experience in Bank Loans Closing, Servicing or Agency activity
*Experience navigating Loan Credit Agreements
Don’t delay – apply today!