Job Title: Secondary Loan Closer
Contract Type: Temporary
Contract Length: 12 months
Daily Rate: £600 - £650
Working Pattern: Full Time
Our client, a leading investment banking organisation in London, is seeking a highly skilled Secondary Loan Closer to join their EMEA Loan Documentation Team. This team plays a crucial role in supporting their Global Markets Business.
Responsibilities:
As a Secondary Loan Closer, you will be responsible for managing a diverse portfolio of cross desk trades across various product lines. Your key responsibilities will include:
- Preparation, negotiation, and agreement of loan trade documentation, ensuring compliance with transfer, tax, and legal eligibility criteria.
- Reviewing documentation extensively to ensure adherence to LMA & LSTA trading terms and conditions.
- Coordinating trade settlement with external counterparties, managing par and distressed asset inventory.
- Engaging with clients (both internal and external), managing trade settlement expectations.
- Timely completion of transactions while maintaining meticulous attention to detail.
- Collaborating with other teams, such as Loan Servicing, Loan Settlements, Loan Corporate Actions, Legal, - - Compliance, Tax, and Agent Banks.
Requirements:
To be successful in this role, you should possess the following qualifications:
A good understanding of the secondary loan trading market and familiarity with Loan Market Association guidelines.
Excellent verbal and written communication skills with attention to detail.
Client-facing experience and the ability to confidently engage in discussions with clients.
Risk-focused mindset with the ability to identify and escalate potential issues.
Strong team player who can effectively contribute to team goals.
Ability to work under pressure and meet tight deadlines.
Excellent prioritisation and organisational skills.
Self-motivated and willing to take on additional responsibilities.
Other Qualifications:
In addition to the above, the following qualifications would be advantageous:
Experience with ClearPar.
Strong Microsoft Office skills (Excel, Word, Outlook).
Legal background or experience in handling legal documents.
Proficiency in a second language.
This is a fantastic opportunity to join a reputable and dynamic organisation that offers a positive work environment and a chance to work with talented professionals in the investment banking industry.
If you meet the requirements and are ready to take on this exciting challenge, don't miss out on this opportunity. Apply now.
LHH is an employment consultancy that believes in talent, not labels. It is important to us that we run inclusive recruitment processes to support candidates of all abilities and encourage applicants of all backgrounds and perspectives to apply. LHH is committed to building an inclusive, supportive environment to enable candidates to explore the next steps in their careers. If you require reasonable adjustments at any stage, please let us know and we will be happy to support you.