Global Credit Trading & Syndicate - EMEA Leveraged Finance Trading desk - Trading Assistant - V[...]

JPMorganChase; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A major financial institution in Greater London is seeking an experienced professional for their Loan Trading desk. The role involves managing stressed risk commitments, handling credit queries, and ensuring proper documentation of trades. Candidates should have experience with syndicated loans, strong analytical skills, and advanced Excel proficiency. This is a full-time position that offers the chance to work closely with various teams across the financial sector.

Qualifications

• Experience working with the syndicated loan product preferably in an operational capacity.
• A working knowledge of the equity and bond asset classes including clearing settlement.
• Strong mathematical and analytical skills with the ability to solve problems methodically.
• Accomplished Excel skills with transaction modelling and presentation experience.

Responsibilities

• Manage stressed risk commitments through corporate action events.
• Handle credit specific and ad-hoc queries from traders and analysts.
• Assist clients to understand complexities with the help of salespeople.
• Ensure trades and restructured lending positions are documented correctly.
• Provide reporting to senior desk management on trading volumes and client activity.

Skills

Forecasting

Financial Services

GAAP

Accounting

IFRS

Regulatory Reporting

Financial Analysis

Financial Modeling

Budgeting

Financial Report Interpretation

Financial Management

Financial Planning

Tools

Excel

Loan IQ

Job description

Description

The EMEA Leveraged Finance Trading business is part of the Corporate and Investment Banks Global Credit Trading platform. The Loan Trading desk primarily operates as an intermediary providing liquidity in syndicated loan commitment for its clients which include European banks, credit funds, CLO investors, hedge/distressed funds and private equity managers. It looks at opportunities across the credit spectrum offering clients investment grade paper, special situations assets and instruments undergoing complex restructurings. The Loan Trading desk also operates as the distribution platform for syndicated loans newly issued by the bank and works closely with Debt Capital Markets and Acquisition and Leveraged Finance teams.

Job responsibilities

• Work with the desk’s traders and analysts to manage stressed risk commitments through a variety of corporate action events up to full balance sheet restructurings;
• Handle both credit specific and ad-hoc queries from traders, sales personnel and desk analysts;
• Assist the desk’s clients to understand the complexities of specific commercial situations with the help of its salespeople;
• Work with the desk’s legal and documentation teams to ensure trades and restructured lending positions are correctly documented;
• Be on hand to assist with queries from documentation, settlements and operational teams; including making trade amendments within the bank’s booking systems;
• Provide reporting to senior desk management on various aspects of the business including trading volumes and client activity;
• Affirm and enter executed loan, bond and equity trades into the relevant front‑office platforms where necessary;
• Ensure the desk’s daily risk activity is correctly reflected in the bank’s systems;
• Review and reconcile daily P&L reporting and investigate discrepancies;
• Ensure the relevant KYC and credit appetite are in place for each trade and seek approval where necessary.

Required qualifications capabilities and skills

• Experience working with the syndicated loan product preferably in an operational capacity;
• A working knowledge of the equity and bond asset classes including clearing settlement;
• Strong mathematical and analytical skills with the ability to solve problems methodically;
• Accomplished Excel skills with transaction modelling and presentation experience;
• A working knowledge of Loan IQ.

Preferred qualifications capabilities and skills

• Previous experience in trading support or a portfolio management assistant role is preferable.

Required Experience

Exec

Key Skills

• Forecasting
• Financial Services
• GAAP
• Accounting
• IFRS
• Regulatory Reporting
• Financial Analysis
• Financial Modeling
• Budgeting
• Financial Report Interpretation
• Financial Management
• Financial Planning

Employment Type

Full-Time

Experience

years

Vacancy

1