Job description

Role Title: Loans Administration Associate

Business: Global Banking Markets

New or Existing Role: New

Grade: GCB5

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking an ambitious individual to join our team as Loans Administration Associate working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

You will be responsible for carrying out a host of daily operational and oversight activities in relation to a book of syndicated loans in our role as Lender/Participant. Including all operational processing, effective handling of process related queries and acting as an escalation point on operational aspects for our City Offices as well as for Global & Commercial Banking Relationship Mangers/ Client Service Managers / Finance and Origination Teams. To continuously provide high quality client service to achieve maximum customer satisfaction ensuring we place the client at the heart of everything we do which embraces our client centric culture.

Ensure effective and regular dialogue is in place with our operational teams in City Offices ensuring constant collaboration, sharing of updates and best practices to ensure consistency in performance.

You will be responsible for reviewing procedures and related MI with the ability to interpret the information so effective analysis can be performed. To maintain HSBC internal control standards, including the timely implementation of any internal and external audit points.

In this role, you will:

• Manage Deal and Facility setup in Loan IQ
• Coordinate with the Client Service and Transaction Manager on the operational aspects of the closing process (initial drawdown / fees, conditions precedent etc)
• Coordinate with operational City Sites for static data set up including SSI’s and Call Back.
• Coordinate with City Site ops team to ensure key static has been set up in a timely manner.
• Perform Quality Assurance function on new deal set up and amendments.
• Review the documentation from an operational perspective.
• Set up Deal in Loan IQ for new transactions and complex amendments based on the facility agreement.
• Co-ordinate and process Leverage / Par trading with syndications and trade queries / settlements
• Checking secondary Loan/Claim documents and settlement of trades.
• Manage & maintain Ancillary carves outs and movements.
• Prepare and manage drawdown, rollover, margin adjustment, repricing prepayments and repayments on complex transactions.
• Checking and Releasing Cash flows
• Reconciliations and Investigations
• Margin changes (Maintaining ratios, Covenants)
• Fee settlement & Billing (Commitment, Utilisation, SBLC, Waiver, Agency & Upfront)

Requirements

To be successful in the role, you should meet the following requirements:

• Hold a sound knowledge of Loan IQ & a good understanding of the Syndicated Loan product and market
•  Have strong communication skills to deal with internal and external clients both written and verbally
• Have strong organisational skills and the ability to prioritise work, to ensure transaction deadlines are achieved
• Pro-active problem solving attitude
• Experience of primary syndication and/or secondary trading is desired
• Be able to deliver high accuracy and volume of work to excellent standards under pressure
• Experience across more complex loans books such and Commercial Real Estate, Leverage and Acquisition Finance, Export Credit Agency, Aircraft/Shipping and Project Finance desirable, but not critical.
• Have a strong understanding of operational risk
• Be client focused, with a proven record of commitment to excellent customer service.