Loan Closer

Adecco; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading organization in the finance industry seeks a Loan Closer in London. This full-time role involves executing documentation for loan syndications, negotiating key documents, and ensuring compliance with regulations. The ideal candidate will have expertise in loan transfer documentation, strong organizational skills, and a proactive attitude towards customer service.

Qualifications

• Experience in financial services with exposure to loan documentation.
• Excellent understanding of LMA documentation and loan closing.
• Proactive attitude focused on high-quality service.

Responsibilities

• Support Origination and Distribution teams with loan documentation.
• Negotiate and draft Loan Market Association documents.
• Coordinate and settle transactions with internal and external partners.

Skills

Loan Documentation

Negotiation

Attention to Detail

Strong Organisational Skills

Education

Experience in Financial Services

Tools

Loan IQ

ClearPar

Job description

Job Title: Loan Closer
Location: London
Contract Type: Fixed Term Contract
Working Pattern: Full Time

About Us
Join our client, a leading organisation in the finance industry, as a Loan Closer. We are dedicated to supporting our Origination and Distribution teams in successfully buying, selling, and syndicating transactions in the market. If you have a keen eye for detail and thrive in a fast-paced environment, we want to hear from you!

Purpose of the Role
As a Loan Closer, you will ensure that loan documentation is effectively structured and aligned with key credit terms and conditions. You will be pivotal in supporting our EMEA marketing areas by registering all limit-related transactions in our booking systems.

Key Responsibilities

• Support the Origination and Distribution teams with timely execution of documentation for Primary Syndication and Secondary Trading transactions.
• Review and understand syndicated credit agreements, focusing on transfer mechanics.
• Negotiate and draught Loan Market Association (LMA) standard documents and other trade-related documents, including confirmations and assignment agreements.
• Coordinate with internal and external legal counsel to agree on proposed changes to trade documents.
• Identify and escalate issues to front office trading teams, internal legal counsel, and operations management.
• Work directly with counterparties and internal partners to resolve issues and ensure timely closure of transactions.
• Create and understand key metrics for daily, weekly, and monthly reporting on trade populations.
• Coordinate timely and precise trade settlements with various settlement groups across the organisation.
• Review and approve all lending documentation, ensuring compliance with agreed procedures.
• Execute consistency checks between lending documentation and credit approval, providing sign-off on Key Terms & Conditions.
• Develop procedures and business process flows for unstructured transactions in collaboration with Front Office & Finance Departments.
• Escalate risk issues impacting transactions from both an internal policy and regulatory perspective.
• Provide technical operational expertise to support successful transaction completion.
• Challenge and influence changes to enhance business performance and establish best practises.

What We're Looking For

• Experience in the financial services environment, with exposure to loan, trade, and derivative documentation.
• Excellent understanding of LMA documentation and the full suite of primary and secondary loan closing activities.
• Subject matter expertise in loan transfer documentation and settlements, along with knowledge of Loan IQ and ClearPar.
• Strong working knowledge of KYC and compliance procedures.
• Ability to develop and motivate staff in line with our organisational framework and core values.
• Strategic thinker who can drive team performance aligned with organisational goals.
• Strong organisational skills, with the ability to prioritise tasks and take initiative.
• Proactive attitude with a focus on delivering high-quality service to both internal and external customers.

Join Us
If you are ready to take on a challenging role in a dynamic environment and possess the necessary skills, we encourage you to apply.

Apply Today!
Take your career to the next level with us. We look forward to your application!

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Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.

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