Vice President, Distressed Loan Closer Job at Barclays (Whippany)

Job Description

Join Barclays and our Loan Closing team as Vice President, Distressed Loan Closer 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.

Job Responsibility

Manage operations within a business area and maintain processes, risk management initiatives and compliance with relevant regulators
Identification of trends and opportunities to improve areas and develop new process and procedures through the monitoring and analysis of operation data and performance metrices
Management of operations for a business area and promote efficient processes, risk management and compliance initiatives to support the bank's operations
Collaboration with internal stakeholders (including business leaders, project manager and SMEs) and external stakeholders (including vendors and service providers) to support business operations and promote alignment with the bank's objectives and SLAs
Management of operational professionals and provide guidance, coaching and support to improve colleagues' delivery quality
Management and development of KPIs to measure the effectiveness of operation functions, utilising data and technology to support the identification of areas that require improvement
Compliance with all regulatory requirements and internal policies related to customer experience
Creation of a safe environment for colleagues to speak up, actively and regularly encourage and solicit feedback to ensure people agenda remains focused on the right areas
Management of attrition by working closely with HR in implementing retention initiatives for work force

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 have

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

What we offer

medical, dental and vision coverage
401(k)
life insurance
other paid leave for qualifying circumstances
incentive award

Barclays - All Job Offers

Select Country

Vice President, Distressed Loan Closer

Job Description

Job Responsibility

Requirements

Nice to have

What we offer

Looking for more opportunities?

Vice President, Distressed Loan Closer

Business Support Officer - Data and Examinations

Fraud Risk Specialist

Assistant Head of Year

Contract Attorney / Contracts Manager

Front Of House Receptionist

Sr. Financial Analyst - Special Projects

Customer Service Agent

Customer Support Specialist

Our AI answers in your language