High-Level Overview of the Job Description
The Loan Trade Closing Team is responsible for external client service relating to new issue/par/distressed bank loan trades. The team requires strong knowledge and skills to communicate with industry parties, including attorneys, trade counterparties, administrative agents, and others regarding trade confirmations, allocations, KYC documentation, settlements, metrics, and industry initiatives.
Key Responsibilities
* Demonstrate expertise in the bank loan market to communicate effectively with business and trading counterparties;
* Support the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims, ensuring funding and documentation matters are handled accordingly;
* Maintain a comprehensive understanding of all relevant portfolios and deal-related documentation to ensure controls are in place and guidelines are adhered to;
* Liaise with Administrative Agents regarding KYC documentation, including administrative details, tax, and fund formation documents;
* Develop a working knowledge of the maintenance and distribution of loan documentation, including private and public amendments/restructures, and voting requirements with settled and trade date positions;
* Collaborate with internal and external counterparts, such as Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers;
* Investigate and resolve closing and transactional issues, communicating all issues in a timely manner;
* Participate in the review of daily/weekly reports and metrics provided to clients to highlight the status of trades and risks;
* Work in a dynamic team environment and contribute to strategic initiatives.
Requirements
* Bachelor's degree in finance, accounting, business, or economics, or commensurate work experience;
* Experience in CLO administration and/or bank loan syndication is an advantage;
* Able to independently research and resolve complex problems;
* Able to work closely with internal groups and external clients;
* Demonstrated analytical skills, strong working knowledge of fundamental financial/accounting/business concepts, and a proactive interest in learning and mastering new concepts;
* Demonstrated ability to prioritize and complete tasks while providing close attention to detail;
* Strong Microsoft Excel skills and experience, knowledge of, or familiarity with Bloomberg, Clearpar, performance systems, and other loan research and analysis tools is an asset.
About Us
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Global Benefits
* Support for professional accreditations such as ACCA and study leave
* Flexible arrangements, generous holidays, birthday leave
* Continuous mentoring along your career progression
* Active sports, events, and social committees across our offices
* Support with mental, physical, emotional, and financial support 24/7 from our Employee Assistance Program
* The opportunity to invest in our growth and success through our Employee Share Plan
Equity in Every Sense
We value equity in every sense of the word, taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.
We celebrate our differences, understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. We empower all of our people to be truly invested in the alternative.