Distressed Loan Closer AVP

Barclays•Wilmington, NC

19h•Hybrid

About The Position

Join Barclays and our Loan Closing team as a Distressed Loan Closer AVP and take accountability of a dynamic portfolio of Par, Near‑Par, and Distressed trades booked by the Trading Desk. In this role, you will navigate a fast‑paced environment where precision, sound judgment, and considerable analytical capability are essential to mitigating risk and ensuring timely settlement. You’ll partner closely with trading, settlements, and other key functions to resolve highly detailed fixed‑income and equity transactions, while applying your knowledge across loan distributions, restructurings, and system workflows. Success in this role requires a high level of accountability, technical proficiency across core platforms, and the ability to adapt quickly as deal structures and priorities evolve.

Requirements

Extensive Loan closing experience with Par/Distressed/Equity trade closing
The ability to work closely with trading and settlement functions investigating multi-layered fixed income and equity transactions.
Prior experience with loan distributions and reorganization events.
The aptitude to learn new software/applications
Proficiency in using Microsoft Office applications, Clearpar, Loan IQ.
Broadridge, BPS, Impact, Gloss (Equity and Fixed Income systems experience)

Nice To Haves

Collaborative contributor with a solid work ethic and attention to detail
Good people skills, written and verbal communication.
The ability to work autonomously and take full responsibility for defined tasks

Responsibilities

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.
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.
Lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
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.
Influence or convince stakeholders to achieve outcomes.