Par Loan Closer Associate

Identifies requirements that fall outside of their scope and flags them accordingly. Promotes a culture of accountability and control and drives understanding, searches for lessons to be learned, and ensures full analysis when searching for answers to issues and problems, from a Business Unit and/ or Technology process point of view Identifies opportunities for achieving competitive advantage and thinks beyond current transaction/ issue to strengthen client relationships. Seen as an extension of a clients resource pool, keeps clients informed of trends, issues, industry initiatives relevant to their business Coaches and develops staff to create a deep bench of talent beneath them. Promotes and builds a strong relationship with key stakeholders both internally and externally. Able to articulate and communicate the risks associated with Trades and ensure Sales and Trading partners are kept apprised of issues on a daily basis. Advanced understanding of LMA Par trade documents, Trade Confirmations, Transfer Certificates, Sub-participation agreements, Multi-lateral netting agreements, Pricing Letters Clearpar, amendment and waivers processes. Self-starter, who is able to resolve issues with little context or detail and works independently to deliver on projects within defined and undefined deadlines. Understand the risks associated with Loan trading and the downstream impact of entries in the Firm's loan tracking system, Loan IQ (LIQ), throughout the lifecycle of the loan trades. Monitoring trading systems for new trades; affirming and confirming said trades with outside clients Liaising with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents are in order for a smooth settlement. Liaising with the Operations trade settlements team to instruct the settlement of trades Work closely with Sales/Trading desk and Trade support to resolve Risk and P&L issues At least 2 years' relevant experience would generally be expected to find the skills required for this role Loan servicing experience An ability to identify priorities and deliver outputs on time to a consistently high standard The ability to verify data in reports to a high professional standard alongside effective communication skills High communication skills with the trading desk and other groups within the bank Time-Management and Hands-on-mentality to work well under pressure and be able to meet strict deadlines Strong organization and interpersonal skills. Ability to drive change and improve daily processes in the workplace delivering both capacity and control. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Speak to our recruitment team to find out more. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.