Description
Issuer Services operates in both the Debt Capital Markets and the Bank Debt Market (principally the Syndicated Loan Market) and manages a mix of business generation, documentation, operations and relationship management/customer interface with a broad spectrum of globally based clients. Regular contact will be maintained with a very wide variety of both internal and external customers in a number of locations. The diversity of both customer and location requires the jobholder to be flexible, proactive and up to date on current market standards and practices.
Responsible for reviewing procedures and related MI with the ability to interpret the information so effective analysis can be performed. To maintain HSBC internal control standards, including the timely implementation of any internal and external audit points.
Responsibilities
- Review of the documentation from an operational perspective
- Manage Deal and Facility setup in Loan IQ
- Coordination with the Client Service and Transaction Manager on the operational aspects of the closing process (initial drawdown/fees, conditions precedent etc)
- Coordination with operational City Sites for static data set up including SSI's and Call Back.
- Coordination with City Site ops team to ensure key static has been set up in a timely manner.
- Perform Quality Assurance function on new deal set up and amendments.
- Review of the documentation from an operational perspective.
- Set up Deal in Loan IQ for new transactions and complex amendments based on the facility agreement.
- Co-ordinate and process Leverage/Par trading with syndications and trade queries/settlements
- Checking secondary Loan/Claim documents and settlement of trades.
- Managing & maintaining Ancillary carves outs and movements.
- Prepare and manage drawdown, rollover, margin adjustment, repricing prepayments and
- repayments on complex transactions.
- Checking and Releasing Cash flows
- Reconciliations and Investigations
- Margin changes (Maintaining ratios, Covenants)
- Fee settlement & Billing (Commitment, Utilisation, SBLC, Waiver, Agency & Upfront)
Knowledge & Experience/Qualifications (For the role - not the role holder. Minimum requirements of the role.)
Hold a sound knowledge of Loan IQ & a good understanding of the Syndicated Loan product and market
Strong communication skills to deal with internal and external clients both written and verbally
Strong organisational skills and the ability to prioritise work, to ensure transaction deadlines are achieved
Pro-active problem solving attitude
Experience of primary syndication and/or secondary trading is desired
Able to deliver high accuracy and volume of work to excellent standards under pressure
Experience across more complex loans books such and Commercial Real Estate, Leverage and Acquisition Finance, Export Credit Agency, Aircraft/Shipping and Project Finance desirable, but not critical.
Strong understanding of operational risk
Client focused, with a proven record of commitment to excellent customer service.