Loan Documentation Specialist (LMA)

Up to £70,000 plus excellent benefits

Hybrid Working Available!

12 month FTC

A Central London-based international Banking Group is seeking to strengthen their Loan Services team with the addition of an LMA Documentation Specialist on a 12 month FTC. You will be responsible for reviewing loan documentation within the specified timeframe as required to meet business needs (adopting the LMA format); as well as supporting the manager with the day-to-day management of the team. This role will suit a candidate from a legal background due to the in-depth legal documentation knowledge that is required.

Duties for the LMA Loan Documentation Specialist to include:

• Attend to loan documentation adopting the LMA format including the reviewing of loan agreements, inter-creditors agreements, security documents, legal opinion and fee letters, etc. ensuring that the terms are in compliance with terms as per approved credit proposal
• Drafting and reviewing loan documentation for corporate lending in relation to Commercial Real Estate, some in LMA format as well as syndication
• Liaise with external legal counsel, building monitor and other professional advisors throughout the loan documentation process with terms as per proved credit proposal
• Prepare / review standard offer letters ensuring that the terms are in compliance with terms as per approved credit proposal
• Register new offer letter on monitoring report, monitor return of signed offer letters; and prepare report on bi-weekly basis advising non-return of offer letters and outstanding fees
• Check and ensure that the offer letters and other documents returned by Borrower are executed
• Handle fee payments and invoices on banking systems; To prepare Pre-drawdown checklist
• Monitor the outstanding items (e.g. conditions subsequent, original copy of offer letter, certificate of legal validity etc.) after drawdown from time to time
• Contribute to the maintenance of legal updates and templates
• Monitor and supervise Loan Documentation Associate to perform all tasks in relation to Loan Documentation properly and in a timely manner
• Constantly strive to improve team performance
• Training and Competence - identify training needs; provide regular feedback and coaching to ensure that their maximum potential is achieved
• Ensure own personal development objectives are achieved

The successful LMA Loan Documentation Specialist will have:

• Sound experience of loan documentation gained within a law firm or major banking environment (adopting the LMA format)
• Educated to degree level (or equivalent).
• Knowledge of LMA format highly desirable.

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Asociates Limited are those of an Employment Agency.