Asset-Backed Products Loan Trading Trainee

Description of the Business Line or Department

Loan Trading & Financing is part of the Asset Backed Products business line, which sits within Global Banking and Finance.
The Loan Trading desk operates as Market Maker desk on Loans (Leverage loans, Corporate, Emerging and Structured Finance), also providing market colour to and executing Loan transactions on behalf of other SG Business Lines.
Underlying loans and credit risk include Leveraged Loans, Commercial Real Estate, Infrastructure, Shipping, Aircraft, Emerging Markets, Project Finance (Energy: oil & gas, Renewable), Corporate Finance.
The Loan Trading teams works closely with Loan Sales, Syndicate and Originating Business Lines.
The Loan Trading Assistant will sit within the private side of ABP.

Summary of the key purposes of the role

• Assist with the preparation of loan trading documentation and execution.
• Prepare marketing documents and data rooms, assist with the preparation of internal credit reviews, secondary pricing, update financial models and commentaries on leveraged borrowers and other corporates and perform ad hoc research.
• Assist with risk management and monitoring (daily recaps, P&L reporting, permanent supervision, etc.)

Summary of responsibilities

• Assist with the preparation of loan trading documentation and execution
• Prepare data rooms
• Produce marketing materials
• Support the desk with credit and financial analysis including Q&A process, drafting of internal credit memos, peer analysis and secondary pricing
• Build and/or update financial models
• Assist with the monitoring of credits and market trends, researching economic and financial information
• Assist with risk management and monitoring (daily recaps, P&L reporting, permanent supervision controls, etc.)
• Assist the desk with KYCs process
• Update and improve internal databases
• Maintain strong adherence to SG compliance matters including relevant training.

Competencies

Analytical skills
* Communication skills
* Response workloads in a timely manner
* Ability to multi-task and prioritize
* Diligent, accurate
* Team spirit
* Self-motivated, autonomous, and proactive

Technical skills
* Numeracy
* Writing skills
* Knowledge of fixed income markets would be a plus
* Good command of Excel/ Word/ PowerPoint. Bloomberg would be a plus.