Barclays

Loan Closing, AVP

Barclays$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in finance or economics
  • Experience supporting or processing LSTA Par or Distressed loan trades
  • Proficient with Microsoft Office, especially Excel and Outlook
  • Ability to communicate clearly with stakeholders at all levels
  • Highly organized with strong multitasking abilities

Responsibilities

  • Support Wholesale Lending initiatives including processing, reporting, and issue resolution
  • Monitor lending operations for compliance and efficiency
  • Collaborate across teams to integrate Wholesale Lending processes
  • Identify and recommend improvements in lending processes
  • Develop procedures to mitigate risks and enhance operational efficiency
  • Create reports and presentations on lending performance for stakeholders
  • Participate in initiatives to improve Wholesale Lending efficiency

Benefits

  • Opportunities for professional development and progression
  • Access to leadership development programs
  • Collaborative work environment with cross-functional teams
  • Supportive culture emphasizing employee well-being
  • Involvement in strategic initiatives and projects
Full Job Description
Job Description

Purpose of the role

To support Wholesale Lending with day-to-day processing, reviewing, reporting, trading and issue resolution.

Accountabilities
  • Support with day-to-day Wholesale Lending initiatives including processing, reviewing, reporting, trading and issue resolution through lending technical expertise.
  • Monitoring the bank's lending operations to ensure that they are conducted in an efficient and effective manner and comply with relevant regulatory requirements.
  • Collaboration with teams across the bank to align and integrate Wholesale Lending processes.
  • Identification of areas for improvement and providing recommendations for change in Wholesale Lending processes.
  • Development and implementation of Wholesale Lending procedures and controls to mitigate risks and maintain operational efficiency.
  • Development of reports and presentations on Wholesale Lending performance and communicate findings to internal senior stakeholders.
  • Identification of industry trends and developments to implement best practice in Wholesale Lending Services.
  • Participation in projects and initiatives to improve Wholesale Lending efficiency and effectiveness.


Assistant Vice President Expectations
  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L - Listen and be authentic, E - Energise and inspire, A - Align across the enterprise, D - Develop others.
  • OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
  • Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
  • Influence or convince stakeholders to achieve outcomes.


Embark on a transformative journey as a Loan Closing, AVP. At Barclays, our vision is clear -to redefine the future of banking and help craft innovative solutions. You will be responsible for handling a portfolio of Par LSTA loan trades from trade date through settlement, ensuring accurate execution and effective client service throughout the lifecycle. It supports Wholesale Lending through daily processing activities, including trade review, reporting, reconciliation, and issue resolution. The position also involves ad hoc reporting as required to maintain data accuracy and operational efficiency.

To be successful as a Loan Closing, AVP, you should have experience with:

  • Relevant background in finance, economics, or a related discipline
  • Proficiency in using Microsoft Office applications, including Excel and Outlook
  • Supporting or processing LSTA Par or Distressed loan trades
  • Being a point of contact for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organization


Some other highly valued skills may include:

  • Ability to handle multiple priorities in a fast-paced environment
  • Clear and effective written and verbal communication skills
  • Highly organized, with the ability to work with contending priorities and meet tight deadlines


You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role is located in Wilmington, DE.

This role is regulated by FINRA.

About Barclays

Barclays is a British multinational investment bank and financial services company. The company was founded in 1690 and is headquartered in London, England. Barclays provides a range of financial services, including retail banking, corporate banking, investment banking, and wealth management. The company operates in over 40 countries and has over 83,000 employees. In 2020, Barclays reported revenue of £21.8 billion and net income of £1.5 billion. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Learn more about Barclays
Size
81,600 employees
Market Cap
$30.2 billion
Industry
Net Income
$2.3 billion
Founded
1997
5 Year Trend
-5%
NASDAQ

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