Loans Closing Operations Specialist
We are currently supporting our client with Loans Closing Operations Specialist.Role: Loans Closing Operations SpecialistDay rate: £250 - 375 per day (depending on experience)Pay framework: Umbrella CompanyStart date: ASAPContract duration: 6 months initially (with scope to extend)Location: London. (Onsite, Monday-Friday, 08:30-18:30)You will join the Credit Loans Middle Office Team, supporting various business teams with the origination, syndication, and secondary market trading of performing and non-performing loans.The team works in partnership with various business teams to ensure efficient pre-trade due diligence, execution and settlement of both primary and secondary loans.You will support with helping to maintain the integrity and accuracy of the risk positions taken by the firm and resolving any trade settlement issues that may arise.Key AccountabilitiesMonitoring trading systems for new trades and confirming trades with outside clientsDrafting, reviewing and negotiating transfer documents (including trade confirms and transfer certificatesLiaising with Legal, Compliance, Credit, Trading Desks, Agency and Servicing teams to ensure necessary approvals are obtained, pricing/cashflows are agreed, reconciled and settled within our systemEssential SkillsExperience working with distressed loans, distressed debt, non-performing loans (NPLs), leveraged loans, or special situations within an investment banking environment.Experience with ClearPar, Loan Market Association ..... full job details .....
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