Loans Documentation Specialist

Dianaduggan; Greater London; On-site; GBP 46,125; Full time

Job summary

A financial services firm is seeking a Loans Documentation Specialist to join their Credit Loans Middle Office Team. Candidates should have a strong understanding of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA) standards. The role involves maintaining accuracy of risk positions, monitoring trades, and drafting essential documentation. This is an onsite position in Central London with a day rate of £250 for an initial contract length of 6 months, with a start date as soon as possible.

Qualifications

• Must have experience with LMA and/or LSTA.
• Familiarity with loan syndication processes is required.
• Experience drafting and negotiating loan documents is essential.

Responsibilities

• Support the team in maintaining accuracy of risk positions.
• Monitor trading systems for new trades.
• Draft and review transfer documents.
• Liaise with internal teams for approvals and reconciliations.

Skills

Understanding of Loan Market Association (LMA) standards

Understanding of Loan Syndications and Trading Association (LSTA) standards

Experience with ClearPar

Knowledge in Bank Loans Closing

Experience navigating Loan Credit Agreements

Job description

Our client is seeking a Loans Documentation Specialists to join the Credit Loans Middle Office Team. You must have experience of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA).

Your team will support a range of business areas with the origination, syndication and secondary market trading of performing and non-performing loans.

As part of your role, you will ensure efficient pre-trade due diligence, execution and settlement across both primary and secondary loans.

Role

Day rate: £250 per day (inside IR35)
Pay framework: Umbrella Company
Start date: ASAP
Contract length: 6 months (with possible extension)
Location: Central London – onsite full time, Monday to Friday, 08:30 to 18:30

Key responsibilities

• Support the team to maintain the accuracy and integrity of the firm’s risk positions and resolve any trade settlement issues
• Monitor trading systems for new trades and confirm trades with external clients
• Draft, review and negotiate transfer documents including trade confirmations and transfer certificates
• Liaise with Legal, Compliance, Credit, Trading Desks, and Agency and Servicing teams to ensure approvals are obtained and pricing/cashflows are agreed, reconciled and settled

Essential skills

• Essential: Understanding of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA) standards are an absolute must.
• Experience with ClearPar
• Knowledge and previous experience in Bank Loans Closing, Servicing or Agency activity
• Experience navigating Loan Credit Agreements