Vp - Loans Agency Lead Analyst - London, United Kingdom - eFinancialCareers

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eFinancialCareers
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London, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description
The Agent Office department is a group within the broader Transaction Management department.
European Loans Agency will have significant interaction with Front Office Business, Agency and Trust, Legal, and Foreign Exchange groups.


Job Purpose:


A loans product SME who manages a portfolio of complex structured deals, whilst providing guidance and support to internal and external business partners and to the operations teams.

This role has specific responsibility for bespoke deals that are differentfrom established market standard, and to provide continuous guidance, training and mentoring to other members of the department.

This is a high profile specialised role; the objective is to sign up for, and handle, Facility Agent obligations in syndicatedcredit facilities whilst ensuring there are no legal, regulatory or capability encumbrances to the role, or any associated risks.

Correct execution of the Facility Agent role is often crucial to securing further business for the bank.


Key Responsibilities:


  • Involvement with senior stakeholders/business heads, meeting with business to discuss new deal flows and attending front office pipeline meetings
  • Negotiate complex points with lawyers and clients and provide solutions when Loans Agency is unable to assume a responsibility as expected by the client
  • Act as an escalation point within the team when staff need assistance
  • Review the most complex facility documentation, particularly with new types of product, negotiate the terms and conditions, and establish the procedures to handle them, providing a template for future deals of a similar structure.
  • Attend meetings/calls with Front Office personnel to ensure understanding of the responsibilities of the Agent role for individual transactions.
  • Provide guidance to clients and business where required
  • Coordinate with business partners in other products to arrange transactions to meet clients' requirements
  • Anticipate clients' needs and problems that may occur and warn less experienced team members of the potential pitfalls and how to avoid them with the right documentation and procedures
  • Review and manage complex waiver/amendment/restructuring requests
  • Manage complex actual or potential Events of Default. Take the lead in negotiating on syndicate's behalf where necessary, and oversee calls and meetings with syndicate
  • Coordinate and lead event driven calls with lenders/lawyers
  • Take a key role as a senior SME and have the necessary technical skills to deliver a superior service to, and build relationships with, stakeholders; help manage the workflows across the team, providing guidance, sharing knowledge, and mentoring the lessexperienced members of the team.
  • Manage own portfolio of deals

Knowledge/Experience:

A confident, professional syndicated loans documentation expert with extensive experience, and comprehensive understanding of all facets of syndicated loans business relating to documentation and the Facility Agent role


Experience required includes:

  • Responsibilities of the facility agent, and any legal, regulatory, credit, or financial restrictions
  • Risks the facility agent is exposed to
  • LMA and LSTA loan documentation
  • Common market and business practices
  • Structure of the different types of facility
  • Commercial aspects of the different types of business
  • Withholding tax rules and regulations, particularly treatment of FATCA.
  • Roles of other parties to syndicated loan documentation e.g. Security Agent, Collateral Agent, Account Bank, Intercreditor Agent, Arranger
  • Debt workout situations
  • Treatment of L/Cs, guarantees, and ancillary facilities,
  • Industry initiatives and changes
  • Understanding of other products and how they may integrate with the loans product
as well as knowledge of operational procedures such as rate fixings, rollovers and payments.


Skills:

Strong Excel skills
Strong IT skills


Competencies:


  • Flexibility to meet clients' requirements whilst maintaining adherence to bank policy and standards and department procedures.
  • Able to represent the Facility Agent in a professional, confident manner in meetings with our business partners, external meetings, and client/legal meetings as required, and provide reasoned arguments for changes to documentation as part of the negotiationprocess.
  • Supervisory skills and experience
  • Ability to multitask and meet deadlines
  • Being adept at problem solving and mediating solutions for any complex and variable issues with significant departmental and franchise impact
  • Excellent communication and diplomacy skills
  • Good interpersonal skills
  • Control awareness
  • Market awareness
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Job Family Group:

Operations - Transaction Services

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Job Family:

Loan Agency

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Time Type:

Full time

  • Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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