About the role
Job ID: Posted: Location: London, England, United KingdomCategory: Operations - Transaction Services, ProfessionalCompany: CitiJob 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 different from 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 syndicated credit 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 meetingsLiaise with arrangers, lawyers and originating business areas in the review and negotiation of complex draft loan/credit documentations from an operational, legal and agent’s role perspective. Provide comments, requests for amendments, and feedback as necessary. Act as an escalation point within the team when staff need assistanceReview 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. Review and manage complex waiver/amendment/restructuring requestsManage complex actual or potential Events of Default. Take the lead in negotiating on syndicate’s behalf where necessary, and oversee calls and meetings with syndicateCo-ordinate and lead event driven calls with lenders/lawyersTake a key role as a senior SME and have the necessary technical skills to build relationships with stakeholders, help manage the workflows across the team, providing guidance to, sharing knowledge with, and mentoring the less experienced members of the team.Provide information, instructions and guidance to the agency operations team to enable onboarding and loan booking.Development Value:This role provides the opportunity to further develop knowledge of increasingly complex Syndicated Loans and documentation. Significant exposure to Business partners and high profile customer base. 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 restrictionsRisks the facility agent is exposed toLMA and LSTA loan documentationCommon market and business practicesStructure of the different types of facilityCommercial aspects of the different types of businessRoles of other parties to syndicated loan documentation e.g. Security Agent, Collateral Agent, Account Bank, Intercreditor Agent, ArrangerDebt workout situationsTreatment of L/Cs, guarantees, and ancillary facilities,Withholding tax rules and regulations, particularly treatment of FATCA.Industry initiatives and changesUnderstanding 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 skillsStrong IT skillsQualifications:No professional Qualifications requiredCompetencies: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 negotiation process.Work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow upDeveloped analytical and problem solving skillsClient relationship and solution skillsExcellent communication, organisational and interpersonal skills Keen attention to detail------------------------------------------------------Job Family Group: Operations - Transaction Services------------------------------------------------------Job Family:Transaction Capture Services------------------------------------------------------Time Type:Full time------------------------------------------------------Most Relevant Skills Please see the requirements listed above.------------------------------------------------------Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.View Citi’s EEO Policy Statement and the Know Your Rights poster.
About this listing
Screened by Joboru
This role passed our automated spam and quality filters and was active in our feed when last checked. Joboru is an aggregator — here is how we screen listings. If anything looks off, tell us.
Similar jobs you may like
Head of Audit and Risk for Technology and Data
1 day agoBoston Consulting Group
Accounts Receivable Manager
1 day agoThe American School in London
Senior Investment Analyst
1 day agoRoyal London
Manager, Solution Architect, Acceptance & Digital
1 day agoMasterCard
Digital Partners and Fintech business development manager
1 day agoMasterCard
Partnerships Manager
1 day agoiwoca
NBFI Credit Analyst
1 day agoMUFG
AVP - TPRM Change & Governance
1 day agoMUFG
Executive Reporting Lead, Economic Crime Lead
1 day agoNatWest Group