UnitedLex
Website:
unitedlex.com
Job details:
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.
About Us
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.
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