VP - Loans Agency Clerk

Job Title: Loans Agency Clerk
Corporate Title: Senior Manager / VP


Job Specification

Overview:

A facility agent acts as the primary point of contact between the transaction parties to a syndicated loan. Whilst appointed to co-ordinate the communication between clients, lenders and business partners, handling the flow of funds and providing ongoing transaction support is just as important.

The UK agency team supports a wide range of deals originating from various industry sectors including but not exclusive to, Diversified Corporates, Financial Institutions (predominately Insurance and Investment Funds), Transportation, Infrastructure, Real Estate and Structured Acquisition Finance.

Role:
Working in a self-coordinating Customer Loyalty Team (CLT) that promotes the ING One Agile Way of Working, you will become part of a small team dedicated to maximising their potential and providing outstanding client service. In a market where speed and flexibility are key, continuous improvement and being responsive to the needs of our clients is a must.

Main Duties and Responsibilities of Role:

• Review of the facility documentation from an operability perspective to ensure that standards and the latest LMA/LSTA templates are adhered to. Collaborate with the originating business and legal counsel in terms of comments raised, to ensure that such points are negotiated to a successful outcome.

• Identify and collate the information required to on-board a new deal whilst ensuring that all documentation is received on a timely basis. Liaise with legal counsel to ensure that relevant CPs are fulfilled and proactively manage the deal closing process, including funds flow.

• Co-ordinate primary syndication from an agency perspective, ensuring that a collaborative relationship is achieved and maintained with the originating business, syndications and any other stakeholders.

• Deal set up and ongoing deal management in LoanIQ with reference to the facility agreement.

• Work with internal and external contacts to manage the non-operational aspects of a deal including amendments, waivers and consent and act as the main point of contact for all deal issue escalations, ensuring that all matters are dealt with in a timely and efficient manner.

• Proactively manage day to day run activities (drawdowns, rollovers, repayments, fees margin adjustments, covenants, secondary debt trades / transfers etc) whilst working with and overseeing the various off-shore support teams to ensure that a high quality, client focussed, and control conscious product is delivered.

Candidate Profile

Experience/Knowledge

Essential:

Previous experience in a comparable role with a strong understanding of the
Syndicated Loan Market.
Proven ability to read and interpret credit agreements.
Working knowledge of LoanIQ.
Desirable: Exposure to Real Estate Finance and Structured Acquisition Finance deals.

Personal Competencies

Essential:

Excellent written and verbal communication skills.
Outstanding client service.
Result orientated with the ability to work under pressure and adapt quickly in an agile setting that imposes challenging deadlines.
Disciplined with good organisational skills and attention to detail.
A proven ability to perform well in a team but also operate independently and without constant supervision. To be proactive and have the ambition to take it on and make it happen is very important.

Desirable: Someone who is keen to challenge the status quo and is interested in continuous improvement and innovation.