Credit Markets Loan Closer

    • New York, NY

Apply your knowledge of the LSTA loan trading and the direct lending market in a front office role within our Credit Markets Division.

Credit Markets Loan Closer

Apply your knowledge of the LSTA loan trading and the direct lending market in a front office role within our Credit Markets Division. We are looking for an experienced leveraged loan closer who is looking to become an integral component of a fast growing team. Sitting on the trading floor you'll be immersed within the day to day business operations and have an opportunity to leverage your subject matter expertise in the leverage loans space alongside our sales and lending team.

Reporting directly into the head of Loan Closing in CMD, you'll deliver through a hands-on approach directly supporting the front office, drafting trade documents for leveraged loans, onboarding new clients and guiding them throughout the closing process.

In this highly visible role, you will have daily interaction with the front office while you work as a Loan Closer drafting bespoke trade documents. You will be responsible for seeing transactions end to end, ensuring deals are booked, documents are drafted and liaising with the back office and client to ensure transactions are settled on-time. In this role you will also have daily interaction with external clients while you work through the document negotiation and drafting process alongside our legal team. Possessing a strong professional image and communication style will ensure that you are successful in this role.

The key qualities we're looking for are the ability to manage and prioritize multiple transactions simultaneously, strong interpersonal, stakeholder and client management skills.

To be successful you will have:

  • 3+ years of experience working in a similar role
  • Knowledge of LSTA PAR Standard Terms and Conditions and Documentation
  • An ability to draft bespoke par participation agreements and trade confirmation
  • An ability to draft bespoke funding memorandums and funds flows
  • A strong understanding of primary loan syndication and secondary loan trading and settlement processes for loan trades and trade claims.
  • Be process driven and flexible to changes in loan market
  • Possess a strong understanding of the leveraged loan market and trade claim closing process.
  • Excellent organizational skills
  • Strong understanding of credit agreements
  • Great attention to detail and strong understanding of pricing mechanics for PAR trades
  • Strong written and verbal communication
If this sounds like the next step for your career, please apply online today. For more information, please visit www.macquarie.com/careers

Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

About Commodities and Global Markets

Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities.

Our commitment to Diversity and Inclusion

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We recognize that flexibility comes in a variety of forms. Talk to us about what flexibility you need.

Macquarie Group is a global financial services provider.

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