Job Description:

Job information Distressed Loan Closer from the Company HSBC, this latest Distressed Loan Closer job vacancy is located in the city London located in the country United Kingdom . This latest job opening is open to job seekers who have the latest education / graduate GCSE . Job Vacancies in this Social field have been opened and published up to the specified time.

Job Responsibility:

Job description

Some careers shine brighter than others.

If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

HSBC Markets & Securities Services Business is one of the largest of its kind in the world. It combines sophisticated 24-hour global coverage with a detailed knowledge of local markets. Products & services are offered through a network of more than 60 countries worldwide including the specialized ESG team who provide leading solutions to our clients, supporting HSBC's net zero ambitions and embedding sustainability into the core of how we do business.

We are currently seeking a high calibre individual to join the team in the role of Distressed Loan Closer

The Secondary Loan Trading Ops team provide post trade support to the Private Credit desk (Trading and Sales), part of GBM Global Debt Markets. The Operations team undertake the Closing, Middle Office duties, and Settlement & Servicing processes for Secondary Loan trades. Segregation from the Private Credit Trading function is critical to provide independent trade booking, checks and controls over trade confirmations, transfer certificates and back office system entries.

The Distressed Closer is responsible for a timely closing of Claims, Distressed and all offline traded secondary loan trades. Liaising with internal and external legal counsel and counterparts.

This is a highly pivotal role within an exciting space. You will get the an opportunity to work within a global entity with exposure to front office trading.

In this role, you will:

• Manage a portfolio of traded loans, managing a portfolio inventory covering LMA, LSTA Par, Distressed and Claims trades
• Ensure that all documentation satisfies procedural and audit requirements in respect of LSTA and LMA PAR, Claims and distressed trading.
• Liaison with Legal internal/external giving feedback on Distressed and Claims traded documents, following trade life cycle from trade to settlement
• Ensure Trades are updated in banks systems SENTRY, and Loan IQ in accordance with banks procedures to accurately reflect purchase or sale risk and P&L accounting requirements
• Resolution of long outstanding trades, taking action to actively close whilst working closely with the Sales, Trading and Closing teams, Legal and Agents to ensure the smooth processing of trade transactions.

Requirements To be successful in this role you should meet the following:

• Exceptional knowledge and a proven background in Distressed Loans is paramount
• A solid understanding of Front-to-Back Operational processes (Middle Office, Confirmations, Settlements) is essential
• Experience of using Loan IQ and/or ClearPar operating systems is highly advantageous
• Excellent written and oral communication skills with a focus on attention to detail and ability to prioritise appropriately
• Control focussed with strong awareness of Operational Risk, supporting the Front to Back Office with a strong focus on root cause analysis with the aim of driving process improvement

The base location for this role is London

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you'd like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com Telephone: +44 207 832 8500

Keywords : London jobs
Closed Date : 2025-12-11