We are looking for a VP to join our Loan Agency Ops team in London.
Duties and Responsibilities
- The review and negotiation of draft transaction documents for new loans including loan facility agreements Common Terms Agreements Intercreditor Agreements security trust & intercreditor deed and other relevant agreements.
- Review and negotiate provisions in capacities such as Global Agent/Intercreditor Agent/Facility Agent including administrative provisions credit Agreements to ensure obligations being agreed to are deliverable and are as per the requirements of the Banks internal processes business/legal/compliance/loans admin sign-off and procedures.
- Managing the Deal onboarding oversee & manage the coordination liaison and set up of new deals and confirming Conditions precedent.
- Managing the amendment consent and waiver requests for existing loan documents with the Lenders and the Borrowers and updating Debt Domain consent tab with lenders decisions.
- Checking for and diarising Margin changes triggered by performance related events or trigger dates in loan agreements including compliance cert/ratings change and notifying lenders.
- Setting up and managing the financial reporting covenant diaries via Debt Domain and the distribution of covenants information to the lenders in a timely manner.
- Relationship management of the borrower and lending group.
- Acting as Security Agent reviewing Account Bank agreements and liaising with Mizuho as Account Bank.
- Assist in training work monitoring delegation managing and advising less experienced colleagues including covering for absences.
- Completing the internal ad-hoc tasks as requested by the team head.
- Oversee and manage all documentation and admin activities including:
- To oversee projects and ad hoc tasks that further advance the systems processes procedures and scope of the Loan Agency Administration team to adapt to new technology and loan processing systems.
- To liaise with the Loan Agency Administration team and ensure that all drawdowns rollovers repayments prepayments guarantee bookings and fees are processed by the team in a timely and accurate manner.
- To ensure that primary and secondary trades are processed in a timely accurate manner and records are updated including Debt Domain with respect lenders and their outstanding balances.
- To communicate with Customers / Relationship managers / Agent Banks and Participant Banks (as the case may be) in order to ensure that the Agency facilities are correctly handled in accordance with the Agreements.
Qualifications Skills and Experience
- Agency/Loans Business Experience including on Project Finance deals is essential
- Prior experience of using Debtdomain including setting up of deal sites and disseminating information to the Lenders via the existing sites
- Business Awareness
- Team Working
- Relationship Management
- Excellent interpersonal verbal and written communication skills are vital for this role
- Ability to adapt and prioritise appropriately in a fast moving and often evolving environment.
- Previous knowledge of Libor transition related amendments
We champion a flexible work environment as we understand the need for people to meet other commitments or simply strike a good work-life balance. As such we are happy to talk flexible working for this role such as reduced working hours. The role will also include homeworking.
At Mizuho we are committed to supporting equality and diversity and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds sexual orientation beliefs gender identities and disabilities.
If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team and we will be happy to help.
Required Experience:
Chief