Manager - Loan Settlements

Process Overview- Loan Settlements - LSTA/LAM Markets

Job Description:

- Loan Settlements Team is responsible for Settlements of LSTA and LMA Market Settlements as part of loan Syndication group.

- Closely working with Agent Bank & Counterparty for Settlement Date coordination, Settlement of Trades, Cash Movement and Assisting in Cash and Position Breaks.

- Also responsible for fixing fee issues e.g. DC/CoC and working as closure in Loan Syndication market.

- Loan Settlements Team closely work with Data Governance and Asset Servicing Team.

Job Description:

- Candidate should have good knowledge of Syndicated Term Loans (LMA and LSTA markets)

- Candidate should have knowledge of Loans Settlements platform such as ClearPar, Geneva, VTS and Loans Platform.

- Trade settlement - Settling trades in Geneva, booking fees, working on the cash breaks related to settlement.

- Understanding of Paydowns, PIK, DC/COC, Assignment Fee, Consent Fee, Ticking Fee etc.

- Understanding various types of Loans such as DDTL, TL, Revolver etc.

- Understanding of Settlement Date Co-ordination (SDC).

- Understanding of Payment confirmations and SWIFT messages from Trustee and Counterparties.

- Good understanding of Investment Banking and Trade Life Cycle.

- Good verbal and writing communication skills.

- Responsible for working on Term Loan Settlement process using various tools e.g., ClearPar, Geneva.

- Resolving daily issues and challenges come across in Trade Support Process.

- Responsible for complete product and system training of new joiners in all systems and applications

- Should be able to Independently handle and manage client calls on weekly or daily basis.