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As a part of the Bank Debt Management/US Facility Capture ( BDM/USFCT ) you will be responsible for overseeing the execution, booking and ongoing asset management of investment grade, leveraged loan facilities and Asset Based Loans in Wholesale Lending Operations. Where the firm acts as Lender, BDM/USFCT executes the close of transactions from beginning to end, engaging with Leveraged Finance, Global Lending Group, Asset Based Lending Team, Legal, Credit, Portfolio and Loan Operations to submit Commitment Letters, review Credit Agreements for operational mechanics, support amendments, review Borrowing Base certificates, and build facilities into our back-end operational system, ACBS, to send wires out of the firm.
What will you be doing?
You will review closing documentation to ensure it meets operational requirements and manage teams performance to ensure all financial closings are properly positioned to fund (as necessary) following engagement with the GLG Group, Syndicate and Credit Risk.
You will ensure all appropriate approvals, sanctions, documentation, and KYC are complete and in place to ensure efficient and timely closing.
Manage the associated closing process utilizing internal systems to complete the setup of a transaction profile and completion of post-closing functions across their portfolio.
Coordinate primary assignment process with Primary Closing Operations team (for led deals)
Oversee the team s ongoing asset management of high grade and leveraged loan facilities, including, but not limited to, collating and managing Borrower s financial information and input on internal systems in capacity of Agent and Collateral Agent and posting on Syndtrak.
Manage interactions with GLG Group relating to relevant industry sectors
Oversee the booking process in ACBS, including building the deal size, pricing grids, amortization schedules, Barclays commitment amount, and for Agented deals, other lenders commitments.
Validate all borrowing notices, incumbency certificates, funds flows, perform wire call-backs to fund
Verifying the work of teams for NFAs and entries in ACBS/E-Serve/GBS, investigating and resolving complex cash breaks, position breaks and escalating to senior management where appropriate
Agency roles will require strong client servicing skills and ability to communicate effectively with CFOs, treasury managers, controllers, etc.
What we re looking for:
Bachelor s Degree
5+ years of experience in loan operations
5+ years of banking/finance industry experience
Skills that will help you in the role:
Working knowledge of primary lending systems: ACBS, ClearPar, WSO, Loan IQ, SyndTrak, Intralinks, DebtDomain, payments systems GBS,
Ability to review legal loan documentation and ensure it meets operational ABL requirements for agented and participation transactions
The role requires a high level of attention to detail and interpersonal skills demonstrated by good oral and written communication. The successful candidate will be a team player who is friendly and confident when dealing with colleagues and third parties. The nature of the job requires the applicant to work to tight deadlines and be able to respond immediately to urgent requests.
Capability to review and understand loan documentation, the Letter of credit product and lending transaction
Ability to work very independently and take full ownership of defined tasks
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