Job Description:

Apply your knowledge of the LSTA loan trading and the direct lending market in a front office role within our Credit Markets Division.We are looking for an experienced leveraged loan closer who is looking to become an integral component of a fast-growing team. Sitting on the trading floor you'll be immersed within the day-to-day business operations and have an opportunity to leverage your subject matter expertise in the leverage loans space alongside our sales and lending team.

Reporting directly into the head of Loan Closing in CMD, you'll deliver through a hands-on approach directly supporting the front office, drafting trade documents for leveraged loans, onboarding new clients and guiding them throughout the closing process.

In this highly visible role, you will have daily interaction with the front office while you work as a Loan Closer drafting bespoke trade documents. You will be responsible for seeing transactions end to end, ensuring deals are booked, documents are drafted and liaising with the back office and client to ensure transactions are settled on-time. In this role you will also have daily interaction with external clients while you work through the document negotiation and drafting process alongside our legal team. Possessing a strong professional image and communication style will ensure that you are successful in this role.

The key qualities we're looking for are the ability to manage and prioritize multiple transactions simultaneously, strong interpersonal, stakeholder and client management skills.

To be successful you will have:

• 1+ years of experience working in a similar role


• Knowledge of LSTA PAR Standard Terms and Conditions and Documentation


• An ability to draft bespoke par participation agreements and trade confirmation


• An ability to draft bespoke funding memorandums and funds flows


• A strong understanding of primary loan syndication and secondary loan trading and settlement processes for loan trades and trade claims.


• Be process driven and flexible to changes in loan market


• Possess a strong understanding of the leveraged loan market and trade claim closing process.


• Excellent organizational skills


• Strong understanding of credit agreements


• Great attention to detail and strong understanding of pricing mechanics for PAR trades


• Strong written and verbal communication

If this sounds like the next step for your career, please apply online today. For more information, please visit www.macquarie.com/careers

About Commodities and Global Markets

Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities. We are a market leader in the environmental products space, having been awarded the 2020 Environmental Products Bank of the Year by Risk Magazine.

Our commitment to Diversity and Inclusion

Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.

Macquarie is an equal opportunities employer and does not discriminate on the grounds of age, disability, sex, sexual orientation, gender reassignment, gender identity, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.

We recognise that flexibility comes in a variety of forms. Talk to us about what flexibility you need.

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About Macquarie

A career at Macquarie means you'll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world-whether it's accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we're empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere-across business groups, disciplines, sectors and borders. With 16,300+ employees and offices in 31 markets around the world, we're a truly global organisation.

You'll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You'll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you'll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.

Find out more at www.macquarie.com/careers

Job no: CGM-958109

Work type: Permanent - Full time

Location: New York

Category: Junior, Commodities, Operations

Group: Commodities and Global Markets

Division: Credit Markets Division

Recruiter: Danielle Scaife

Opening Date: 14/6/2021

Apply Now