TFL – Lending, NCT

Lending Operations in Bangalore is responsible in managing Lifecycle events on Syndicated Loan Deals, which provides Middle Office and Back Office support to Corporate and Investment banking divisions of the bank.

The team is also involved in various aspects of recording and maintaining all Middle and Operational Roles of Loan Life Cycle including trade support, trade documentation, trade settlements, cash reconciliation, drawdown, re-pricing, and payment.

The team works closely with stakeholders in the Finance, Credit and Technology divisions for multiple business lines such as Distressed Product Group (DPG), Commercial Real Estate (CRE), Global Credit Trading (GCT), Credit Solutions Group (CSG), and Structured Trade & Export Finance (STEF), etc.

The role is demanding, complex & critical in nature and requires interaction with Front Office, Business, CRM Finance, Sales, Agent Bank and Clients.

Your key responsibilities

Trading

• Manage Trade Support (Middle Office) function by ensuring accurate static set up of clients in Loan IQ system.
• Static set up involves ensuring KYC checks, deal, facility & loan set up in Loan IQ, control reporting, etc.
• Manage Trade Closing (Middle Office) function:
• Trade booking in Clearpar (Markit)
• Loan trade documentation process
• Portfolio position management
• Complex calculations
• Compile funding memo/pricing letters
• Broker & transfer fee management
• Corporate actions
• Interaction with trading desk, agents & clients
• Manage any ad hoc requests received from the trading desk
• Resolve pre-settlement discrepancies with loan servicing team
• Manage Trade Settlement (Back Office) function:
• Review of trade documentation, pricing letters & KYC
• Settlement of trades in Loan IQ
• Publish daily MIS reports
• Cash reconciliation & investigation
• Resolution to post-settlement issues

Servicing

• Manage Loan Servicing (Middle Office) function:
• Accurate static set up of clients in Loan IQ System
• Includes KYC checks, credit agreement, deal, facility & loan setup, control reporting, etc.
• Manage Loan Servicing (Back Office) function:
• Review of credit agreement, pricing letters
• Servicing loans in Loan IQ
• Publish daily MIS reports
• Cash reconciliation & PD investigation
• Issue and query resolution

Documentation

• Responsible for handling syndication loans/limit servicing/syndication loan documentation/reconciliation

Your skills and experience

• Bachelor's degree or post-graduation degree in Finance
• Minimum of 13 years of work experience
• Excellent verbal & written communication along with dynamic & confident approach
• Flexible with shift timings
• Strong analytical & logical reasoning skills
• Understanding of organizational behavior & problem solving
• Knowledge and understanding of LMA (Loan Market Association) Market
• Strong knowledge and understanding of syndicated loan market & secondary loan trading
• Ability to implement tasks and projects with minimal supervision
• Team player who fosters team spirit in a global setting
• Loan IQ, MS Excel would be an added advantage
• Proficiency in MS Office applications with advanced knowledge of Excel a strong plu