Closer - Lexloan

UnitedLex; Gurugram District; On-site; INR 550,000 - 850,000; Full time

Job summary

UnitedLex in Gurugram, India, operates the LexLoan Financial Services setup and manages the Syndicated Loans operations related to Agency Operations. The role is a full-time hire as a Closer in the Lexloan department, with a 9-hour shift spanning 1:30 pm IST to 3:30 am IST and occasional stretchings, aligned to US market holidays.

You will settle trades in LoanIQ, review funding memos, reconcile cash breaks, and coordinate with global clients to maintain service quality and SLA targets.

Qualifications

• Bachelor’s degree is required.
• Minimum of 1 year relevant experience in syndicated loan operations.

Responsibilities

• Settle primary and secondary trades in LoanIQ through the review of ClearPar funding memos.
• Review trade economics in ClearPar and update as needed.
• Identify, reconcile, and resolve cash breaks and other trade discrepancies.
• Partner with external stakeholders in order to maintain positive client relationships.
• Process loan life cycle events related to the Trade Settlement process.
• Maintain effective operational controls.
• Verify and manage all Standard Settlement Instructions prior to settling a trade.
• Manage service delivery and ensure 100% of all KPIs, SLAs, Employee Satisfaction indexes are met.

Skills

Loan Syndication

Trade Settlement procedures

Analytical skills

Client service

Time management

Education

Bachelor's degree

Tools

LoanIQ

ClearPar

Syndtrak

Debt Domain

Excel

Outlook

Word

Job description

The Candidate shall operate within UnitedLex’s LexLoan Financial Services set-up out of Gurugram, India and be responsible for the operations of Syndicated Loans as it relates to Agency Operations.

About the Role

Role: Full Time Hire

Designation : Closer

Department : Lexloan

Work Conditions

• 9 hour shift between 1:30 pm IST and 3:30 am IST. Readiness to stretch when required.
• This operation will follow US holidays (client’s holiday calendar) as the operations are tied to the New York financial markets.
• Adhere to UnitedLex and Client confidentiality and information security policies.

Responsibilities

• Settle primary and secondary trades in LoanIQ through the review of ClearPar funding memos.
• Review trade economics in ClearPar and update as needed.
• Identify, reconcile, and resolve cash breaks and other trade discrepancies.
• Partner with external stakeholders in order to maintain positive client relationships.
• Process loan life cycle events related to the Trade Settlement process.
• Maintain effective operational controls.
• Verify and manage all Standard Settlement Instructions prior to settling a trade.
• Manage service delivery and ensure 100% of all Key Performance Indicators, Service Level Agreements, Employee Satisfaction indexes are met.

Qualifications

• Must have a bachelor’s degree.
• Should have a minimum of 1 years’ relevant experience.

Required Skills

• Deep domain knowledge of Loan Syndication, Trade Settlement procedures and Loan IQ platform is a must.
• Understanding in the Syndicated Debt Market (LSTA and LMA) will be an advantage.
• Strong Knowledge of wire transfers (FED, CHIPS, SWIFT).
• Eye for detail and the ability to collaborate and work with global teams.
• Strong analytical skills. Should be comfortable handing large data sets and be able to analyze and drive conclusions.
• Ability to execute personal time management adhering to deadlines and proactively manage conflicting priorities.
• Proficient in Microsoft Word, Outlook, Excel, and industry related platforms like LoanIQ, ClearPar, Syndtrak, and Debt Domain will be an added advantage.
• Strong client service and customer orientation.
• Ability to independently present thoughts and presentations of ideas with peers and management.
• Good organizational skills, ability to manage multiple assignments at once, and meet deadlines.

Preferred Skills

The Candidate shall report to the Senior Manager – Trade Operations, LexLoan™.

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"ISO 27001:2022 is the standard that we follow in this organization , Based on this ISO document we have implemented 92 controls in UnitedLex across multiple offices and also with the help of this document we have implemented the Information Security Management System in the Organization"