loans agency associate in city of london

06 December 2018
randstad financial & professional, randstad financial services
job type
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city of london, london
financial services
sub specialism
Operations & Middle Office
job type
working hours
reference number
randstad financial & professional, randstad financial services
0207 786 8075
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job description

An immediate opportunity has arisen for an experienced Loan Agency Associate to join our client, a leading investment bank based in London

Key responsibilities of the Loan Agency Associate will include:

The role of agent is to act as the legal representative of the lenders. The agent is appointed in the loan agreement to inter alia act as an intermediary for and on behalf of the lenders to the borrower(s).

Team currently consists of 8 team members supporting 124 deals ranging from deals with 2 lenders to deals with 700 lenders. The London agency team supports multiple business lines throughout Europe resulting in a diverse portfolio of agency deals..

* Proactively manage the day to day work flows of the Agent (e.g. drawdowns / rollovers / waivers / covenants) and ensure that these are managed in an accurate, timely and professional manner whilst ensuring that the control environment remains robust.
* Ensure that a collaborative working environment is achieved and maintained at all times with the originating business, syndications and various support departments.
* Understanding, reviewing and drafting LMA standard documents and other trade-related documents including confirms, assignment agreements, claims, proceeds letters, participation agreements, cash collateral agreements and multilateral agreements

The ideal Loan Agency Associate will possess the following attributes/skills:

* Extensive knowledge of the LMA market to include bankruptcy and restructurings; experience in distressed closings would be particularly desirable
* Subject matter expertise in relation to loan transfer documentation and loan settlements
* Knowledge of Loan IQ and ClearPar preferred
* Strong PC skills in particular Excel, Word and PowerPoint
* Must be able to resolve issues on a daily basis
* Must have excellent client service skills

If you have similar Loan Agency Associate experience to that outlined above and are looking for an opportunity within a progressive and dynamic environment, please forward your CV today.

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003