About the job
Position Overview
Job Title: TFL – Lending, NCT
Location: Bangalore, India
Role Description
- Lending Operations in Bangalore is responsible in managing Lifecycle events on Syndicated Loan Deals, which provides Middle Office and Back Office support to Corporate and Investment banking divisions of the bank.
- The team is also involved in various aspects of recording and maintaining all Middle and Operational Roles of Loan Life Cycle includes trade support, trade documentation, trade settlements, cash reconciliation, Drawdown, Re-pricing, Payment.
- Team works closely with stakeholders in the Finance, Credit and technology divisions for multiple business lines such as Distressed Product Group (DPG), Commercial Real Estate (CRE) Global Credit Trading (GCT), Credit Solutions Group (CSG), and Structured Trade & Export Finance (STEF) etc.
- The role is demanding, complex & critical in nature and requires interaction with Front Office, Business, CRM Finance, Sales, Agent Bank and Clients.
Your Key Responsibilities
Trading
- Manage Trade Support (Middle Office) function by ensuring accurate static set up of clients in Loan IQ system. Static set up involves ensuring KYC checks, deal, facility & loan set up in Loan IQ, Control Reporting etc.
- Manage Trade Closing (Middle Office) function which involves Trade booking in Clearpar (Markit), Loan trade documentation process, Portfolio Position Management, Complex calculations, Compile Funding memo/pricing letters, Broker & Transfer fee Management, Corporate Actions, Interaction with trading desk, agents & clients, Manage any ad hoc requests received from the trading desk and resolve Pre-Settlement discrepancies with loan servicing team if any.
- Manage Trade Settlement (Back Office) function which involves review of trade documentation, pricing letters & KYC, Settlement of trades in Loan IQ, Publish daily MIS reports, Cash reconciliation & investigation, resolution to Post-Settlement issues etc.
Servicing:
- Manage Loan Servicing (Middle Office) function by ensuring accurate static set up of clients in Loan IQ System. Static set up involves KYC Checks, Credit Agreement, Deals, facility &Loan set up in Loan IQ, Control Reporting etc.
- Manage Loan Servicing (Back Office) function which involves review of Credit Agreement, Pricing letters, Servicing Loans in Loan IQ, Publish daily MIS report, Cash reconciliation & PD Investigation, resolution for the issues & queries.
Documentation:
- Responsible for handling Syndication Loans/Limit servicing/Syndication Loan Documentation/Reconciliation.
Your Skills And Experience
Considering the demanding, complex & critical nature of the role and able to work in fast passed environment with consistent deadlines, candidates should meet the below requirements.
- Bachelor’s degree or post-graduation degree in Finance.
- Minimum of 1-3 years of work experience.
- Excellent verbal & written communication along with dynamic & confident approach.
- Flexible with Shift.
- Strong Analytical & Logical Reasoning.
- Understanding of Organizational Behavior & Problem Solving.
- Knowledge and understanding of LMA (Loan Market Association) Market.
- Strong knowledge and understanding of Syndicated loan market & secondary loan trading.
- Ability to implement tasks and projects with minimal supervision.
- Team player who fosters team spirit in a global setting.
- Loan IQ, MS Excel would be an added advantage.
- Proficiency in MS Office applications with advanced knowledge of excel a strong plus.
How We’ll Support You
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs