Job Description
Contract Corporate Loans Middle office/Documentation
Contract Start ASAP
Contract Duration 3 months (inside IR35)
Contract Location Central London - onsite Full time, Monday to Friday, 08:30 – 18:30 hrs
This is an exciting opportunity to join Deloitte Operations for an engagement with one of our premiere Investment Banking clients
Overall purpose of the role
The Credit Loans Middle Office Team supports various business teams with the origination, syndication, and secondary market trading of performing and non-performing loans. While loans are the primary product supported, the business continues to expand into other areas such as structured products, and private equities.
Credit Loans Middle Office works in partnership with various business teams to ensure efficient pre-trade due diligence, execution and settlement (the ‘’closing’’ role) of both primary and secondary loans.
The team is responsible for helping to maintain the integrity and accuracy of the risk positions taken by the firm and resolving any trade settlement issues that may arise
Key Accountabilities
* Monitoring trading systems for new trades and confirming trades with outside clients
* Drafting, reviewing & negotiating transfer documents (including trade confirms & transfer certificates
* Liaising with Legal, Compliance, Credit, Trading Desks, Agency and Servicing teams to ensure necessary approvals are obtained, pricing/cashflows are agreed, reconciled and settled within our system
Essential Skills/Basic Qualifications:
* Knowledge and previous experience of Bank Loans Closing, Servicing or Agency activity
* Experience of navigating Loan Credit Agreement
* Ability to work well under pressure and meet strict deadlines
* Ability to learn quickly in a fast-moving environment
* Strong attention to detail and the ability to keep track of a large workload
* Strong control mindset, to enhance the existing infrastructure to support increases in business
* Team oriented approach – ability to work across functions outside of Operations
* Highly motivated, energetic and enthusiastic
* Strong organisational skills and flexibility, with the ability to cope with rapidly changing priorities throughout the day
* Professional approach and ability to communicate well directly with external parties such as borrowers, lenders and other agents
* Ideally you will be familiar with/have experience with ClearPar & LMA
Requirements
Loan Closing Operations Middle Office ClearPar LMA