Loan Closer

Job Title: Loan Closer - Secondary Loan Market

Location: London (Hybrid)

Team: Loan Capital Markets

Type: Contract (view to extend or go permanent)

Overview:

Opportunity to join a high-performing Loan Capital Markets team within a globally recognised investment bank. This role sits within the secondary loan closing function, supporting the execution of both buy and sell commitments on syndicated deals. You'll be embedded in a front office environment, working closely with traders, legal teams, agent banks and external counterparties to ensure smooth trade execution and accurate settlement.

Key Responsibilities:

• Support secondary loan trading activity across Loan Capital Markets, working with traders who execute commitments via Bloomberg, phone, or email

• Own the end-to-end loan closing process, ensuring legal documentation is executed correctly and on time

• Review and prepare standard LMA documents including:

• Trade Confirmations

• Transfer Certificates

• Pricing Letters (invoice)

• Liaise with agent banks and counterparties to agree settlement timelines and monitor trade closure

• Review credit approvals and ensure all conditions are fulfilled before final sign off (Credit Control support)

• Prepare and quality check loan transfer documentation, escalate discrepancies where needed

• Work with internal counsel and external legal contacts to resolve any blockers or document changes

• Input bookings accurately into LOAN IQ and ensure internal data aligns with operational procedures

• Provide support on the origination side of deals, helping structure commitments before the primary book closes

• Ensure proper record keeping for regulatory reporting and internal controls

Experience Required:

• Strong experience in loan closing or loan settlements - ideally from a Loan Capital Markets, agency, or trading environment

• Solid understanding of LMA documentation, especially in the secondary loan market

• Familiarity with trade flow, transfer mechanics, and working directly with agent banks

• Experience preparing and reviewing confirmation documents, transfer certs, and pricing letters

• Exposure to credit approvals, control processes, and coordinating with legal stakeholders

• High attention to detail and ownership over trade execution

• Confident liaising with Front Office, legal teams, and counterparties

• Ability to manage high-volume workloads and navigate complex deal timelines

Tools & Systems:

• Loan IQ (preferred but not essential)

• ClearPar (desirable)

• Internal booking models for structured and syndicated loans

What They're Looking For:

• Someone with the pace, ownership, and attention to detail expected in a front office-adjacent role

• Proven experience in loan documentation and settlements (secondary market)

• A proactive mindset and strong work ethic - this is not a passive back office role

• Confident communicator who can push back on inaccuracies and maintain trade control

• Ideally someone who has worked in a market-leading team or with exposure to front office activity

Team Insight & Benchmark Profiles:

• This role replaces a previous contractor who lacked urgency and attention to detail - the standard here is high

• Previous successful candidates include those with operational loan backgrounds who have moved closer to front office

• Benchmarks include Tony Cheng (converted to perm) and Joe Owens (FO-aligned approach)

Pontoon Solutions is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.