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Unitedlex

Closer - LexLoans India

This job is no longer accepting applications

  • Posted 18 days ago

Job Description

Responsibilities

  • Coordinate trade settlements in the Syndicated Loan Market: liaise with counterparties and administrative agents on primary, par and distressed secondary trades.
  • Handle settlement of new issue & par loan trades.
  • Handle complex trades/activities like revolver, LC, Paydowns, Drawdowns, Rollovers, Amendments, Corporate Actions, and Repricing transactions.
  • Draft loan trade settlement documentation – Trade confirmations, Transfer Documents, Funding Memo when not settling via electronic settlement platform.
  • Manage amendments, non-pro-rata paydown, and other corporate action events.
  • Closely monitoring any PnL breaks generated during trade settlement.
  • Troubleshoot, timely escalate, and solve problems that arise from trade discrepancies.
  • Reviewing Audit confirmation requests from various counterparties.
  • Seek to improve operations procedures and controls within the group. Identify & timely action to mitigate risk.
  • Attention to detail/ high level of accuracy and 100% compliance to client SLA's.
  • Perform other projects as needed.

Qualifications

  • 2 to 4 years of relevant experience.
  • Good understanding of Loan and other financial products (Fixed Income, Derivatives, Bonds).
  • Knowledge of LSTA/LMA Guidelines will be an advantage.
  • Understanding of different Loan facilities: Term Loan, Revolver, Delayed Draw, LC is advantageous.
  • Candidate should have knowledge of Trade life cycle & roles of Front, Middle and Back Office.
  • Prior working experience on ClearPar, Loan IQ.
  • Excellent written & verbal communication skills.
  • Attention to detail/ high level of accuracy and 100% compliance to client SLA's.
  • Must be well organized & ability to multitask to complete all aspects of this role and to meet deadlines

Work Conditions

  • 9 hr. shift between 5:30pm to 3:30am Monday to Friday.
  • Adhere to UnitedLex and Client confidentiality and information security policies.
  • Work location: Gurugram, Haryana.
  • Work from office is mandate.
  • Depending on client and operational requirements the holiday calendar may be of the client location, UnitedLex India holiday list or a hybrid of the two.

Valid passport holders will be preferred. Based on business requirements, domestic and international travel requirements may apply which may vary anywhere from a few days to up to 3 months.

About Us

UnitedLex is a data and professional services company delivering outcomes that create value and competitive advantage for legal and the business. Our business is anchored by a passion for innovation brought to life by a global community of diverse individuals determined to deliver on the promise of data mastery, legal acumen, and human ingenuity.

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About Company

Job ID: 148219579

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Gurugram, India

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wire transfers FEDClearParLoan Syndication Trade Settlement proceduresSyndicated Debt Market LSTALoanIQSyndtrakLoan IQ platformDebt DomainMicrosoft Word