Rick Documentation - Facility & Security documentation

HR GO Recruitment ,
London, Greater London
Job Type: Full-time

Overview

Min 10 years' experience - Preparation and negotiation of facility & security documentation for this very busy department. To be an integral part of the documentation team within the Risk Team and working closely with various other teams including front office, legal, external lawyers and where necessary with trade finance. Overview: Review legal agreements and documentation for consistency, timeliness, accuracy and completeness to capture credit approval terms and conditions. In this process, assess key risk issues and seek internal or external legal advice where appropriate. Prepare and negotiate facility agreements and associated security documentation in relation to trade finance, structured trade finance, project finance, mortgage loans and such other facilities approved by the Bank. Prepare and negotiate master risk participation agreements, ISDA documentation, pre-payment agreements and other associated facility and security documentation. Lead the legal documentation due diligence by liaising with internal and external legal counsel as and when required in the review of facility and security documentation. Check and sign facility and security documentation in compliance with the Bank's documentation policy. Contribute to the preparation of final terms and conditions of approval and transaction dynamics sheet from a legal documentation perspective working closely with the front office to communicate the approval terms to the appropriate operations team. Assess the documentation risk in a transaction and provide relevant advice in pre-deal discussions. Take responsibility for the safe custody of facility and security documents and maintaining the register, ensuring all respective expiry dates and deadlines are adhered to. Take responsibility for the review and maintenance of documentation procedures from time to time. Professional/Academic Qualifications: The ideal candidate should possess adequate legal documentation experience within the financial services industry, preferably with direct experience of working in an African financial institution. A university degree level or similar qualifications will be added advantage Experience/Knowledge Minimum 10 years' experience in the preparation and negotiation of facility & security documentation. Strong knowledge of review of legal documentation for the following business lines will be a strong advantage - corporate lending, structured trade finance, project finance, master risk participation agreements, prepayment agreements, lending to financial institutions and financial restructuring transactions as well as mortgage loans and such other facilities approved by the Bank. Ability to project manage entire legal documentation due diligence from end to end to ensure efficiency and cost effectiveness. Ability to undertake preparation and negotiation of bank standard finance templates and oversight of external counsel for more complex finance matters, including in relation to security documentation and sign off all condition's precedent. Ability to effectively balance documentation risk management with as minimal external costs as possible to provide value to the business and stakeholders. Ability to work independently, a self-starter who is pro-active and shows initiative