Role details

This position is now filled

Director-Loan agency operations

London   •   £75,000 - £82,000   •  Permanent

Bullet points

  • Agency and related services for all syndicated loan products
  • Must have syndicated loan industry experience on the Agency side

About Our Client

Global Bank, based in London.

Job Description

The Director-Loan agency operations will be;

  • Responsible for: drawdown, rollover, prepayment repayment, rate fixing, borrower, lender, originating business queries for syndicated loans
  • Responsible for servicing the banks emerging markets portfolio of borrowers encompassing structured trade finance, leveraged finance, project finance, export finance, Islamic finance, shipping finance
  • Responsible for ensuring processes are processed accurately and promptly through ACBS
  • Management of Loan Administrators including objective setting, training, performance reviews
  • Responsible for ensuring work is processed in accordance with DOI's and where required to update and create further DOI's
  • Responsible for driving high standards of execution, escalation, organisation and effectiveness within the team
  • To manage and escalate departmental risks in accordance with the banks operational risk framework
  • To drive best market practice into the team
  • To work with TMG on new deals and on issues arising from existing deals.
  • To participate fully on new departmental initiatives, projects, products or regulatory/ process driven change
  • To be the point of escalation for departmental errors, complaints and issues with finance parties, near misses, operational losses / gains and responsible for providing input & working with Operational Risk
  • To formulate and maintain excellent working relationships with key internal business managers whilst maintaining the core values of impartiality of the Facility Agent
  • Accountable for minimising nostro/ sundry and suspense breaks and understanding the drivers for breaks and ensuring commentary is provided promptly on outstanding breaks
  • Understanding and ensuring team adherence to key bank policies and procedures that affect the role including nostro/sundry/suspense reconciliations, FATCA, Operational Risk, Fair accountability, Code of Conduct, departmental credit requirements, Group Information Security, Call back policy and all other key group policies and procedures affecting the department
  • Formulate staff objectives based on departmental objectives. Provide coaching, training and mentoring as required. Identify development areas and provide regular feedback to staff via 1-2-1's.
  • Responsible for coordinating system issues, testing with the ACBS support teams.
  • Represent the department in key departmental, regional or global governance and industry meetings both internally and externally
  • Responsible for ongoing self development as agreed with your line manager including the completion of mandatory training courses and networking
  • Plus any other process undertaken or required project in the department and as determined by your line manager and the wider businesses supported

The Successful Applicant

The Director-Loan agency operations Must have;

  • High degree of product and system technical expertise based on 10+ years working in the syndicated loan industry on the Agency side
  • Established management skills
  • Demonstrably experienced to manage through change
  • Excellent communication skills, strongly committed.
  • Well organised. Consistently performs to a high level under pressure
  • Able to build and nurture relationships with senior staff internally and on the Borrower / Lender side.

What's on Offer

Competitive salary and benefits, including car allowance.