• 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.
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.
Skills Required
- 1+ years of relevant experience
- Understanding of loans and financial products, including fixed income, derivatives, and bonds
- Knowledge of LSTA/LMA Guidelines
- Understanding of term loans, revolvers, delayed draw facilities, and letters of credit
- Knowledge of trade lifecycles and front-, middle-, and back-office roles
- Prior experience with ClearPar and Loan IQ
- Excellent written and verbal communication skills
- High attention to detail and accuracy
- Ability to maintain 100% compliance with client SLAs
- Strong organization and multitasking abilities
- Ability to meet deadlines
- Availability for a 9-hour shift between 1:30pm and 3:30am, Monday through Friday
- Ability to work from the office in Gurugram, Haryana
- Adherence to confidentiality and information security policies
What We Do
UnitedLex is the preeminent business partner for legal delivering solutions that achieve value and drive growth for corporate legal departments and law firms in the areas of litigation and investigations, intellectual property, legal operations, contracts, and incident response. Founded in 2006, we co-create solutions that mitigate risk, drive revenue, and optimize business investment—transforming the legal function into a catalyst for success. Our team of 3,000+ legal and business professionals, data analysts, technologists, and engineers supports our clients from operational centers around the world.
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