Loan Trading Documentation Trading Services Associate

Join a collaborative team where youll support trade operations manage priorities and grow your career.

As a Trading Services Associate within the Loan Trading Documentation team you will be responsible for secondary trade closing support. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Job responsibilities

• Work with front office traders and sales coverage clients counsel and operations to settle secondary par loan trades
• Establish and maintain strong working relationships with clients/counterparts
• Manage a trade portfolio across various lines of business while maintaining a clean aging profile
• Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms assignment agreements proceeds letters participation agreements cash collateral agreements and multilateral agreements
• Review credit agreements specifically assignability language
• Identify and escalate issues to the front office trading assistants/traders/salespeople in-house legal counsel and management when necessary
• Prepare daily/weekly MIS reporting to track the status of open items and measure risk
  

Required qualifications capabilities and skills:

• Loan experience
• Proficiency with Microsoft Office Suite (Excel Word and PowerPoint)
• Excellent oral and written communication skills
• Excellent analytical and critical thinking skills
• Ability to take initiative and self-motivate as well as work as part of a team

Preferred qualifications capabilities and skills

• Familiarity with loan-based software (LoanIQ ClearPar)
• Experience with LMA standard documentation knowledge of the LMA Standard Terms and Conditions
• Knowledge of the trade lifecycle and/or experience supporting a trading business
• Familiarity with syndicated loans
• Prior knowledge of loan products or trading operations