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Vice President, Loans Services/Loans Operations

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BlackRock

16d ago

  • Job
    Full-time
    Expert Level
  • Banking & Finance
  • Mumbai, +2

AI generated summary

  • You must have 9+ years in loans operations, strong knowledge of syndicates, legal docs, settlement processes, and be proficient in Excel. Excellent communication and leadership skills are essential.
  • You will manage loan transactions, interpret legal documents, support settlements, liaise with agents, and ensure compliance on documentation and funding processes.

Requirements

  • Demonstrate product and functional knowledge of the Syndicated Bank loan(LMA/LSTA) and privates market in order to communicate with business, trading counterparties and large/sensitive clients.
  • Preferably 9+ years of understanding the intricacies of the loan market and documentation driven transactions.
  • Ability to interpret legal documentation like Credit Agreement, consent, amendment and waiver request and translate to simpler terms.
  • Support the settlement process of loan syndications, secondary loan trades, CLO’s, restructures, privates, infrastructure debt, renewable power, direct lending, and trade claims including funding and documentation matters.
  • Work with Custodians on timely funding/receipt of wires and delivery of physical certificates.
  • Maintain a solid understanding of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to.
  • Liaise with Administrative Agents, Borrowers and Legal pertaining to KYC documentation, including administrative details, tax and fund formation documents.
  • Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions.
  • The successful candidate will have 9+ years’ experience in the fields of loans operations, syndicated bank loans, data management, operations, accounting and/or administration with a focus on alternative investment funds specialized either in Private Credit or Private Equity.
  • A master’s degree in accounting or finance is helpful.
  • Proficient in the financial industry in particular Loans Instruments, Fixed Income, Equity, Privates.
  • Excellent communication, self driven and client service skills.
  • Strong performer in a high pace environment with high volume and high-risk transactions with a low tolerance for error.
  • Ability to work independently or in a team environment and proactively assume additional responsibilities.
  • Able to work in a dynamic team environment with diverse approaches and thinking styles.
  • Highly proficient in Excel and MS application skills.
  • Knowledge of trading instruments and the settlement mechanics.
  • Strong leadership, analytical and organizational skills.

Responsibilities

  • Demonstrate product and functional knowledge of the Syndicated Bank loan(LMA/LSTA) and privates market in order to communicate with business, trading counterparties and large/sensitive clients.
  • Preferably 9+ years of understanding the intricacies of the loan market and documentation driven transactions.
  • Ability to interpret legal documentation like Credit Agreement, consent, amendment and waiver request and translate to simpler terms.
  • Support the settlement process of loan syndications, secondary loan trades, CLO’s, restructures, privates, infrastructure debt, renewable power, direct lending, and trade claims including funding and documentation matters.
  • Work with Custodians on timely funding/receipt of wires and delivery of physical certificates.
  • Maintain a solid understanding of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to.
  • Liaise with Administrative Agents, Borrowers and Legal pertaining to KYC documentation, including administrative details, tax and fund formation documents.
  • Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions.

FAQs

What is the primary focus of the Loans Services/Loans Operations team at BlackRock?

The Loans Services/Loans Operations team coordinates, initiates, and creates processes for new and non-standard transactions within the realm of loans, including relationship management and participation in external market initiatives.

What experience is required for the Vice President position in Loans Operations?

The successful candidate should have at least 9 years of experience in loans operations, syndicated bank loans, data management, operations, accounting, and/or administration, particularly focused on alternative investment funds specializing in Private Credit or Private Equity.

What qualifications are preferred for this role?

A master’s degree in accounting or finance is preferred, along with proficiency in the financial industry, specifically in loan instruments, fixed income, equity, and privates.

What skills are essential for the candidate in this position?

Essential skills include excellent communication, client service, strong analytical and organizational skills, proficiency in Excel and other MS applications, and the ability to perform in a high-volume, high-risk environment with low tolerance for error.

How does the hybrid work model at BlackRock operate?

The hybrid work model requires employees to be in the office at least 4 days a week, with the flexibility to work from home for 1 day a week, depending on their roles and responsibilities.

Will the Vice President be responsible for legal documentation involvement?

Yes, the candidate must be able to interpret legal documentation, such as credit agreements, and communicate those terms simply to various stakeholders.

Is there a structured support system for employee development at BlackRock?

Yes, BlackRock is dedicated to creating an environment that offers employees networks, benefits, and development opportunities to help them thrive.

What specific types of transactions will the Vice President support?

The Vice President will support the settlement process of loan syndications, secondary loan trades, CLOs, restructures, private transactions, infrastructure debt, renewable power, direct lending, and trade claims.

How important is teamwork in this role?

Teamwork is very important; the candidate should be able to work independently or in a team environment and proactively assume additional responsibilities.

How does BlackRock contribute to financial well-being for their clients?

BlackRock helps clients save for retirement, pay for education, buy homes, and start businesses, while fostering economic strength through their investments.

BlackRock

Global investment manager. Technology provider. Helping more and more people experience financial well-being.

Finance
Industry
10,001+
Employees
1988
Founded Year

Mission & Purpose

BlackRock is a global asset manager and technology provider. Our purpose is to help more and more people experience financial well-being. We help millions of people invest to build savings that serve them throughout their lives. We make investing easier and more affordable. We advance sustainable investing because our conviction is it delivers better outcomes for investors. We contribute to a more resilient economy that benefits more people. Together with our clients, we’re contributing to a more equitable and resilient world – today and for generations to come. That’s why, we’re asking bigger questions – of ourselves, our industry, and the world at large. Questions that challenge convention and give rise to new thinking. Because the bigger questions we ask, the bigger actions we can take. Follow us for global insights shaping the economy, innovative thinking around the path to net zero and more information on culture and careers at BlackRock.

Benefits

  • Financial Well-being

    We help more and more people experience financial well-being – which applies as much to you as it does to our clients. At BlackRock, you’ll have access to our competitive retirement plan as well as financial coaching and educational resources to help you build a sound financial future.

  • Healthcare

    We provide a great selection of benefits and programs to help you manage health care costs, live a healthy lifestyle and find the right care, whenever you need it.

  • Physical well-being

    We know that physical well-being is an important component of maintaining your overall health – both now and in the future. Our comprehensive physical well-being benefits help you stay active, eat better and feel energized.

  • Life management

    We know managing life, work and everything in between can be difficult. So, whether you need a little R&R or time to tend to other matters, Flexible Time Off allows you to take time away from work, stress free, to focus on moments that are important to you.

  • Emotional well-being

    We understand emotional resilience is key to helping you thrive – in your life and at work. Whether you’re looking for ways to handle life’s many challenges, reduce your stress or boost your happiness by volunteering your time in service to others, our resources can help you navigate all kinds of situations.

  • Professional well-being

    Focus on your strengths and build the​ expertise you need to further your career. Our BlackRock Academies, structured training by​ program and employee networks, provide resources for​ meaningful networking, skill building and professional as​ well as personal growth.

  • Pay for Performance

    Our pay for performance approach means your total compensation reflects individual, business and company performance. For our full-time employees, total compensation includes a base salary plus an annual discretionary bonus.