Distressed Loan Closer

Jefferies

London

JOB DETAILS
LOCATION
London
POSTED
30+ days ago

Description

Distressed Loan Closer - (210001HT)
Description
 

Position Overview:

As a Jefferies Distressed Loan Closer, you will be maintaining a portfolio of Distressed LSTA loan trades from trade date through to settlement. You will be progressing a high volume of both par and distressed trades and ensuring effective client service. You will be required to work as part of a team effectively while being self-directed and hands-on.

Responsibilities include:

  • Drafting and reviewing of LSTA Distressed trade documents.
  • Training and encouraging the development new staff on Distressed Loans Processes, Distressed Bank Debt, Private Equity, Private Notes and Trade Claims Products and CLO’s.
  • Liaising with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents are in order for a smooth settlement.
  • Reviewing of Credit Agreements to assess transferability requirements and restrictions.
  • Liaising with the Operations trade settlements team to instruct the settlement of trades.
  • Keeping senior members of the loan sales and trading desk and closing team management of potential issues with trade settlements.
  • Escalation where needed.
 
Qualifications
 

Requirements:

  • Able to interpret CLO warehouse agreements to set up internal processes
  • Fully onboard warehouse internally and service throughout warehouse period
  • Tie out final economics with trustees and fund manager
  • Bachelor’s Degree in Business or Finance
  • 7-10 Years’ experience
  • Proven experience in Excel
  • Commercial awareness
  • Ability to multitask
  • Good verbal and written communication skills
  • Organized, able to work under pressure and within tight deadlines-        
 
Primary Location: GB-GB-London
Work Locations: 
London Bishopsgate 
100 Bishopsgate 
 London EC2N 4JL
Job: Operations
Organization: Corporate
Schedule: Full-time
Job Posting: May 21, 2021, 3:20:09 PM 
LIJW Tag: #LI-DNI