Distressed Loan Closer

JR United Kingdom; Slough; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading firm in Asset Management seeks a Distressed Loan Closing Specialist to join their growing team. You will manage the closure and settlement of distressed loans, ensuring compliance and accuracy in documentation, while collaborating with various stakeholders. Candidates should possess over two years of relevant experience, particularly in buyside firms or investment banks, with a strong grasp of syndicated loans and distressed closing.

Qualifications

• Minimum 2 years of experience in a similar role, ideally within a buyside firm or investment bank.
• Solid understanding of syndicated loans required.
• Direct Loan Closing experience specifically with distressed loans is essential.

Responsibilities

• Assist with closing and settlement of distressed loans in compliance with procedures.
• Coordinate documentation among agents, borrowers, and syndicates.
• Ensure timely reporting and address issues regarding loan terms.

Skills

Understanding of syndicated loans

Experience closing distressed loans

Attention to detail

Communication

Job description

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One of the most prominent names in Asset Management is currently seeking a Distressed Loan Closing Specialist to join their team during an exciting period of growth.

In this role, your primary responsibilities will include assisting with the closing and settlement of distressed loans, while ensuring full compliance with internal procedures and regulatory standards. You will support the coordination of documentation among various parties such as agents, borrowers, and syndicate members, helping to ensure that all paperwork is accurate and complete. Additionally, you’ll be tasked with tracking and managing loan disbursements and repayments, ensuring that all transactions are processed accurately and efficiently.

Timely and accurate reporting on all loan settlements will also be a key part of your role, as well as liaising with internal and external stakeholders to address and resolve any issues that arise regarding loan terms, disbursements, or settlements.

The firm is known for hiring top-tier talent and is looking for candidates with at least two years of experience in a similar role, ideally within a buyside firm or investment bank. To be successful in this position, you must have a solid understanding of syndicated loans and proven experience closing distressed loans. Please note that applicants without direct Loan Closing experience and specifically distressed closing will not be considered.