Secondary Loan Closer - Credit

Pennsylvania  ‐ Onsite
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Description

Core Competencies

  • Positive and dynamic attitude to complying with deadlines and objectives.
  • Strong Communication and relationship building skills, both verbal and written.
  • Effective time management and personal organisation (ability to prioritise workload and escalate issues to Manager accordingly).
  • Ability to question processes with a view to improving them
  • Ability to handle multiple transactions at a time
  • Strong attention to detail.
  • Aptitude for working in a controls focused environment.

Qualifications and previous knowledge

  • Previous experience as a loan trading closer preferably in an investment bank
  • Good PC skills (including strong Excel skills)
  • To understand the fundamental policies and procedures of the bank
  • To have basics understanding of BO systems (Sentry); clear par and Loan trading documents and procedures
  • A knowledge of how the Fixed Income business is organised : relationship between the Middle, Front Office and Back Office
  • Settlement, P&L and accounting basics are useful

Description of duties

  • To co-ordinate settlement and booking of loan trading transaction with Back Office.
  • To draft and send legal documentation (Market standard documentation) linked to the trades (LMA confirmation, Transfer Certificate, pricing letter etc.)
  • To verify that deals are correctly represented in the bank's systems and that they conform to legal documentation terms.
  • To book various fees, and communicate them in an appropriate manner
  • Ensure appropriate records of the transactions are kept and saved.

Solving issues and answering various queries

Start date
ASAP
Duration
6 months
From
DBFS Ltd
Published at
04.04.2018
Project ID:
1531753
Contract type
Freelance
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