Transaction Manager - AVP

Join us as a Transaction Manager within Wholesale Lending. Transaction Management (TM) is part of Wholesale Lending and provides debt structuring and execution for UK Corporate Bank, International Corporate Bank and Investment Banking clients globally. TM has a wide remit, covering all multibank loans, event driven loans (M&A, financial sponsor LBOs, IPOs, money out) and general corporate and bilateral relationship lending of £15m or more. There is no upper limit and transactions often exceed £1bn. Clients are based across a range of geographies including the UK, Europe, the Middle East, Africa, the United States, Australia and Asia.

In this role you will structure, negotiate and execute high quality debt products to our clients which are profitable for Barclays and which are acceptable from a risk perspective. Specifically, to produce and negotiate term sheets, negotiate facility agreements and other finance documents and ultimately to bring transactions to a close. The role-holder is expected to develop and use up to date market and product knowledge, to bring creative idea generation and to develop and deploy market leading structuring and deal management capabilities in order to structure, negotiate and deliver innovative debt solutions in a timely manner.

Key responsibilities:

• Support with the end-to-end journey of each transaction and independently lead the documentation and execution process, working closely with colleagues in Structuring, Coverage, Portfolio, Credit and Legal.

• Review each opportunity to ensure any structural, legal, credit and regulatory risks have been considered, mitigated and, where required, approved. This requires detailed understanding of debt products and procedures and of the wider regulatory environment.

• Lead discussions, prepare and negotiate term sheets that reflect the client specific requirements while also being acceptable to Barclays. The role holder will also lead negotiations of long-form facility agreements and any supplementary documents e.g. intercreditor agreements, ensuring that the facility documents are on-market, reflect our credit-approved position and cover all other required positions (e.g., sanctions, operations, portfolio management, etc.).

• The role holder will need to actively manage and engage with stakeholders including clients, other banks, advisors as well as interacting with numerous internal stakeholders to ensure that they are able to reach the finishing line within the timeframe set by the client, often in demanding situations.

• The role holder will be expected to embrace the evolving transactional environment and manage tight and conflicting deadlines where required.

Essential Skills/Basic Qualifications:

• Strong credit risk analysis skills.

• Ability to work independently and take full ownership of workload and the structuring and execution of our transactions.

• Takes ownership of problems. Thrives on being a decision maker and on being given a high level of responsibility and autonomy.

• Produces high quality work and takes pride in attention to detail.

• Team player and relationship builder- is supportive of others, is committed to making a success as a team and department level and always encourages collaborative working.

• An in depth understanding of the corporate loan product.

• Strong stakeholder management skills. 

Desirable skills/Preferred Qualifications:

• Knowledge of macro-economic trends and factors affecting the debt market

• Experience of originating loan transaction

• Detailed knowledge of back office loan functions

• Experience negotiating loan documentation

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 and digital and technology, as well as job-specific technical skills.

This role is based in London.

Purpose of the role

To negotiate and execute lending transactions (acquisitions, general corporate purposes, refinances and material amendments) and where relevant provide co-ordination services to the borrower.   

Accountabilities

• Negotiation of terms and coordination of lending transactions, including syndicated loans, structured finance deals, and other corporate lending activities.  .
• Ensure documented terms reflect internal signoffs and meet Barclays’ key policies and procedures, across credit risk, pricing, portfolio, legal, sanctions, reputational, compliance and operational considerations.   .
• Minimise risk of impairment and financial loss, negotiating terms that provide Barclays and the lenders generally with appropriate protections during the life of the loan and in any enforcement scenario.    .
• Drive market standards including adherence to key LMA and other market principles, avoiding contagion risk and slippage of terms away from established principles.
• Maintenance of accurate records of transactions and regular reporting for internal and external stakeholders.    .
• Identification of areas of inefficiency in the transaction process and developing solutions to improve efficiency and monitor the impact of process improvements.    .

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.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.