Agency Specialist - London, United Kingdom - ING

ING

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview:
A facility agent acts as the primary point of contact between the transaction parties to a syndicated loan.

Whilst appointed to co-ordinate the communication between clients, lenders and business partners, the Facility agent is also responsible for handling the flow of funds and providing on-going transaction support during the lifecycle of a deal.

In their role as facility agent (and/or security agent) the UK agency team are part of the wider EMEA agency platform and oversee a wide range of deals originating from various industry sectors including but not exclusive to, Diversified Corporates, Financial Institutions (predominately Insurance and Investment Funds), Transportation, Infrastructure, Real Estate and Acquisition Finance.

Role:

Working in a self-coordinating Client Loyalty Team (CLT) that promotes the ING One Agile Way of Working, you will become part of a small team dedicated to maximising their potential and providing outstanding client service.

In a market where speed and flexibility are key, continuous improvement and being responsive to the needs of our clients is a must.

Main Duties and Responsibilities of

Role:

Review of the facility documentation from an operability perspective to ensure that ING's standards and the latest LMA/LSTA templates are adhered to. Collaborate with the originating business and legal counsel in terms of comments raised, to ensure that such points are negotiated to a successful outcome.
Identify and collate the information required to onboard a new deal whilst ensuring that all documentation is received on a timely basis. Liaise with legal counsel to ensure that relevant CPs are fulfilled and proactively manage the deal closing process, including funds flow.
Coordinate loan closing and primary syndication from an agency perspective, ensuring that a collaborative relationship is achieved and maintained with the originating business, syndications and any other stakeholders.
Deal set up and ongoing deal management in LoanIQ with reference to the facility agreement.
Work with internal and external contacts to manage the nonoperational aspects of a deal including amendments, waivers and consent and act as the main point of contact for all deal issue escalations, ensuring that all matters are dealt with in a timely and efficient manner.
Proactively manage day to day run activities (drawdowns, rollovers, repayments, fees margin adjustments, covenants, secondary debt trades / transfers etc) whilst working with and overseeing the various offshore support teams to ensure that a high quality, client focussed, and control conscious product is delivered.