As a Third Party Loan Document Review Specialist within the Loan Trading Documentation team, you will be responsible for the review, coordination, and settlement of third-party assignments. Our team, part of the Wholesale Lending Services Middle Office, primarily supports the North America Credit Trading, Loan Total Return Swap, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. We are responsible for primary and secondary trade closing support and Third Party Agency Review.
Job responsibilities
Work with front office, clients, counsel and operations to settle third party assignments
Establish and maintain strong working relationships with clients/counterparts
Manage heavy trade portfolio across various lines of business while maintaining a clean ageing profile
Review loan syndication standard documents and credit agreements
Identify and escalate issues to the front office, in-house legal counsel and management, when necessary.
Prepare daily/weekly commentary for all open items to measure risk
Bachelor’s degree
Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
General understanding of syndicated loans and trade lifecycle
Prior knowledge of loan products or trading operations including experience with LSTA standard documentation and standard terms and conditions
Excellent oral and written communication skills
Excellent analytical and critical thinking skills
Highly motivated with a team-oriented mindset
Preferred qualifications, capabilities, and skills
Familiarity with loan-based software (LoanIQ, ClearPar)
Syndicated Loan experience