About this role
UnitedLex is a data and professional services company delivering outcomes that create value and competitive advantage for legal and the business. Our business is anchored by a passion for innovation brought to life by a global community of diverse individuals determined to deliver on the promise of data mastery, legal acumen, and human ingenuity.
• Coordinate trade settlements in the Syndicated Loan Market: liaise with counterparties and administrative agents on primary, par and distressed secondary trades. • Handle settlement of new issue & par loan trades. • Handle complex trades/activities like revolver, LC, Paydowns, Drawdowns, Rollovers, Amendments, Corporate Actions, and Repricing transactions. • Draft loan trade settlement documentation – Trade confirmations, Transfer Documents, Funding Memo when not settling via electronic settlement platform. • Manage amendments, non-pro-rata paydown, and other corporate action events. • Closely monitoring any PnL breaks generated during trade settlement. • Troubleshoot, timely escalate, and solve problems that arise from trade discrepancies. • Reviewing Audit confirmation requests from various counterparties. • Seek to improve operations procedures and controls within the group. Identify & timely action to mitigate risk. • Attention to detail/ high level of accuracy and 100% compliance to client SLA’s. • Perform other projects as needed.
• 6+ months of experience. • Good understanding of Loan and other financial products (Fixed Income, Derivatives, Bonds). • Knowledge of LSTA/LMA Guidelines will be an advantage. • Understanding of different Loan facilities: Term Loan, Revolver, Delayed Draw, LC is advantageous. • Candidate should have knowledge of Trade life cycle & roles of Front, Middle and Back Office. • Prior working experience on ClearPar, Loan IQ. • Excellent written & verbal communication skills. • Attention to detail/ high level of accuracy and 100% compliance to client SLA’s. • Must be well organized & ability to multitask to complete all aspects of this role and to meet deadlines Work Conditions • Should be open to work a 9-hour shift between 1:30pm and 3:30am, Monday to Friday. • Adhere to UnitedLex and Client confidentiality and information security policies. • Work location: Gurugram, Haryana. • Work from office is mandate. • Depending on client and operational requirements the holiday calendar may be of the client location, UnitedLex India holiday list or a hybrid of the two.