We are seeking a dedicated Loan Servicing Specialist to join our team. As a Loan Servicing Specialist you will provide documentation and analytical support within global markets loan operations in a trade closing and settlement capacity.
MUST HAVE SYNDICATE LOAN EXPERIENCE
Key Responsibilities include:
- Confirmation of loan documentation for accurate trade settlements drafting and confirmation of loan documentation related to trade settlement within the syndicated loan market, inclusive of trade confirmations, assignment and acceptance agreements and funding memos for accurate trade settlements
- Provide syndicated loan trading support in the areas of trade closing, research support, sales support and account management support
- Partner with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks and various other internal operations group
- Manage post-trade management and logistics, settlement pricing and closing coordination Manage post trade activity and logistics, inclusive of document negotiation and trade settlement pricing
- Process and technological improvements to shorten closing times and lessen post-trade risk associated with counterparties and borrowers
- Validation of loan commitments, interest payments, and fee payments
- Report monitoring and reconciliations
- Analysis and resolution of operational problems
- Involvement in ad hoc projects for new processes or industry initiatives
- Breaks investigation and resolution
- End to end processing of loans with accurate data input into various credit and operating system
Required Skills:
• 3 years of experience within financial services industry 3-5 years minimum of experience within the syndicated loan market.
• Basic understanding of credit documentation (e.g. Credit Agreement) in order to perform detailed reviews for accurate settlement and servicing
• Presentable, confident and client focused
• Excellent communications skills and proficiency with numbers/calculations
• Ability to work under pressure in a team environment
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds
• Self-motivated and able to work unsupervised
• Candidate will be able to manage own time and know when to escalate
• Previous experience or knowledge of secondary loan trading desirable (not required)
Previous experience or knowledge of primary and secondary loan trading preferred.
• Knowledge of operational risk
• Strong detail orientated
• Ability to manage multiple priorities and multi task
• Excellent time management and prioritization skills
• Ability to meet tight deadlines, willingness to continuously learn on the job
• Ability to problem-solve and take ownership of process improvements?