Chris Fontana

• Responsible for closing secondary par and distressed trades, ensuring accurate documentation in compliance with applicable credit agreement.
• Prepared, reviewed and executed distressed trade documents including the LSTA confirmation for distressed trades, Assignment Agreements and Purchase and Sale Agreements.
• Worked closely with the sales and trading desk, operations team and legal counsel (when required) to settle distressed trades for the US desk.
• Ensured all trades were booked, allocated, reviewed for accuracy and checked off for closing in Clearpar in a timely manner.
• Drafted trade confirms, assignment agreements and funding memos for trades not booked on Clearpar
• Maintained close interaction with various parties such as administrative agents, counterparties and Clearpar contacts to ensure timely review and execution of all trade documents necessary for settlement of primary and secondary trades
• Escalated any settlement issues to the trading desk while maintaining a status report of unsettled trades
• Liaised with the client onboarding team, providing administrative details and tax forms for new funds

Managed closing teams across New York, New Jersey and Montreal

• Reviewed complex transactions for accuracy and compliance with the LSTA standard terms
• Conducted performance evaluations and hiring to maintain appropriate staffing requirements
• Implemented and developed operational standards, policies and procedures
• Identified opportunities to improve process flows and productivity
• Streamlined workflows across departments to enhance efficiency
• Facilitated team coordination to strengthen performance and morale
• Mentored team members on procedures, controls and documentation standards
• Attended LSTA events to enhance knowledge of current operational and market trends. Participated in different working group forums to address specific issues and to stay informed of anticipated changes regarding loan trade settlements.

Managed the full lifecycle of secondary loan trades from trade capture through settlement

Administered and maintained loan portfolios.