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

•    1+ 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
•    Should be flexible to work between 1:30pm to 2:30am 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.