Distressed Loan Closer
- Employer
- Finance Network
- Location
- London, United Kingdom
- Salary
- Competitive
- Closing date
- Oct 20, 2022
View more
- Job Function
- Operations
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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Responsibilities include:
Requirements:
- Drafting and reviewing of LSTA Distressed trade documents.
- Training and encouraging the development of new staff on Distressed Loans Processes, Distressed Bank Debt, Private Equity, Private Notes and Trade Claims Products and CLO's.
- Liaising with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents are in order for a smooth settlement.
- Reviewing of Credit Agreements to assess transferability requirements and restrictions.
- Liaising with the Operations trade settlements team to instruct the settlement of trades.
- Keeping senior members of the loan sales and trading desk and closing team management of potential issues with trade settlements.
- Escalation where needed.
Requirements:
- Able to interpret CLO warehouse agreements to set up internal processes
- Fully onboard warehouse internally and service throughout warehouse period
- Tie out final economics with trustees and fund manager
- Bachelor's Degree in Business or Finance
- 7-10 Years' experience
- Proven experience in Excel
- Commercial awareness
- Ability to multitask
- Good verbal and written communication skills
- Organized, able to work under pressure and within tight deadlines
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