Loan Closer – Primary Market / Direct Lending Loan Closing

Role details

CassonX are delighted to be the exclusive recruiter for a multi $60Billion+ private investment company that specialises on Private Equity, Credit, Lending, Real Estate and other type of strategies. This company offers boutique style working conditions, in a small team, where reporting into the Operations Manager you will see both a very varied role and the chance to grow as an individual and with your experience. Offering hybrid working conditions, good performance is recognised with an above market bonus, and you will also be given the chance to have a career and develop your skillset too. Both CassonX and our client believe this is a great opportunity for someone who has gained some experience in a bank or alternatives house, who is on the upward trajectory at the start of their career, where you are looking for a buyside company to train you further.

To be considered for the role, CassonX are looking to identify someone who is working in Loan closing role where experience of closing distressed and par loan settlements including trade claims is essential. Comprehension and familiarity of credit agreements, ClearPar and LMA/LSTA par/distressed loan documentation is needed, as is an understanding of the mechanics of a syndicated corporate loan. Direct Lending/ Primary markets exposure is essential for this role, but Secondary market loans and a background in alternatives or fund administration is distinctly advantageous, and so is a wider Operations knowledge of KYC processes, FX hedging, funding and reconciliations. You must want be able and willing to juggle multiple responsibilities in a very varied opportunity, especially when required to navigate and resolve time sensitive settlement issues.

This very varied role will see you support all Operations activities of the business, including:

• Assist with loan closing, legal document review and settlement of loan and bond trades.
• Monitor loan settlements across a variety of funds and vehicles.
• Manage cashflow for trade settlements.
• Ensure accurate booking of trades.
• Monitor / perform cash reconciliations and investigate breaks, including month end position and accrual reconciliations.
• Ensure all loan amendments and corporate actions are tracked.
• Support the compliance function in processing counterparty and borrower KYC requests.
• Assistance with the FX hedging process.

A detailed job description is available to those who submit a relevant CV

CassonX Limited are committed to providing fair employment opportunities to all applicants. We encourage anyone to apply, regardless of their background, and promote a fair and inclusive recruitment process based on merit. If you require any assistance throughout the interview process to improve your experience, kindly let us know.