• 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.
• 2 to 4 years of relevant 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
• 9 hr. shift between 5:30pm to 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.
Valid passport holders will be preferred. Based on business requirements, domestic and international travel requirements may apply which may vary anywhere from a few days to up to 3 months.
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
- 2 to 4 years of relevant experience
- Good understanding of Loan and financial products
- Knowledge of LSTA/LMA Guidelines
- Understanding of different Loan facilities
- Knowledge of Trade life cycle
- Prior working experience on ClearPar, Loan IQ
- Excellent written & verbal communication skills
- Attention to detail
- Organized and ability to multitask
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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