Up to £70,000 plus excellent benefits
Hybrid Working Available!
12 month FTC
A Central London-based international Banking Group is seeking to strengthen their Loan Services team with the addition of an LMA Documentation Specialist on a 12 month FTC. You will be responsible for reviewing loan documentation within the specified timeframe as required to meet business needs (adopting the LMA format); as well as supporting the manager with the day-to-day management of the team. This role will suit a candidate from a legal background due to the in-depth legal documentation knowledge that is required.
Duties for the LMA Loan Documentation Specialist to include:
- Attend to loan documentation adopting the LMA format including the reviewing of loan agreements, inter-creditors agreements, security documents, legal opinion and fee letters, etc. ensuring that the terms are in compliance with terms as per approved credit proposal
- Drafting and reviewing loan documentation for corporate lending in relation to Commercial Real Estate, some in LMA format as well as syndication
- Liaise with external legal counsel, building monitor and other professional advisors throughout the loan documentation process with terms as per proved credit proposal
- Prepare / review standard offer letters ensuring that the terms are in compliance with terms as per approved credit proposal
- Register new offer letter on monitoring report, monitor return of signed offer letters; and prepare report on bi-weekly basis advising non-return of offer letters and outstanding fees
- Check and ensure that the offer letters and other documents returned by Borrower are executed
- Handle fee payments and invoices on banking systems; To prepare Pre-drawdown checklist
- Monitor the outstanding items (e.g. conditions subsequent, original copy of offer letter, certificate of legal validity etc.) after drawdown from time to time
- Contribute to the maintenance of legal updates and templates
- Monitor and supervise Loan Documentation Associate to perform all tasks in relation to Loan Documentation properly and in a timely manner
- Constantly strive to improve team performance
- Training and Competence - identify training needs; provide regular feedback and coaching to ensure that their maximum potential is achieved
- Ensure own personal development objectives are achieved
The successful LMA Loan Documentation Specialist will have:
- Sound experience of loan documentation gained within a law firm or major banking environment (adopting the LMA format)
- Educated to degree level (or equivalent).
- Knowledge of LMA format highly desirable.
This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Asociates Limited are those of an Employment Agency.