Closer - LexLoans India

UnitedLex is a data and professional services company delivering outcomes that create value and competitive advantage for legal and the business. Our business is anchored by a passion for innovation brought to life by a global community of diverse individuals determined to deliver on the promise of data mastery, legal acumen, and human ingenuity.

Responsibilities

• Coordinate trade settlements in the Syndicated Loan Market: liaise with counterparties and administrative agents on primary, par and distressed secondary trades.

• Handle settlement of new issue & par loan trades.

• Handle complex trades/activities like revolver, LC, Paydowns, Drawdowns, Rollovers, Amendments, Corporate Actions, and Repricing transactions.

• Draft loan trade settlement documentation – Trade confirmations, Transfer Documents, Funding Memo when not settling via electronic settlement platform.

• Manage amendments, non-pro-rata paydown, and other corporate action events.

• Closely monitoring any PnL breaks generated during trade settlement.

• Troubleshoot, timely escalate, and solve problems that arise from trade discrepancies.

• Reviewing Audit confirmation requests from various counterparties.

• Seek to improve operations procedures and controls within the group. Identify & timely action to mitigate risk.

• Attention to detail/ high level of accuracy and 100% compliance to client SLA’s.

• Perform other projects as needed.

Qualifications

• 2 to 4 years of relevant experience.

• Good understanding of Loan and other financial products (Fixed Income, Derivatives, Bonds).

• Knowledge of LSTA/LMA Guidelines will be an advantage.

• Understanding of different Loan facilities: Term Loan, Revolver, Delayed Draw, LC is advantageous.

• Candidate should have knowledge of Trade life cycle & roles of Front, Middle and Back Office.

• Prior working experience on ClearPar, Loan IQ.

• Excellent written & verbal communication skills.

• Attention to detail/ high level of accuracy and 100% compliance to client SLA’s.

• Must be well organized & ability to multitask to complete all aspects of this role and to meet deadlines

Work Conditions

• 9 hr. shift between 5:30pm to 3:30am Monday to Friday.

• Adhere to UnitedLex and Client confidentiality and information security policies.

• Work location: Gurugram, Haryana.

• Work from office is mandate.

• Depending on client and operational requirements the holiday calendar may be of the client location, UnitedLex India holiday list or a hybrid of the two.

Valid passport holders will be preferred. Based on business requirements, domestic and international travel requirements may apply which may vary anywhere from a few days to up to 3 months.