Exciting opportunity for an experienced Loans Client Services Administrator to join an expanding, international provider of institutional debt administration services. The successful candidate will join an established team and will be responsible for managing the operational processes of loan & bond related transactions acting as the primary contact for your allocated portfolio of clients/transactions (Borrowers/Lenders).
Responsibilities include:
- Management of drawdowns, rollovers, rate fixings, pre-payments, redemptions and maturities.
- Generating and sending notices to Borrowers / Lenders, adhering to specific timelines/guidelines.
- Inputting all relevant data into company system.
- Receipt/checking of SSI’s and initiating call back process as and when appropriate.
- Fund flow management between Borrower/Lenders.
- Making payments, arranging foreign exchange transactions accordingly.
- Calculation and payment of principal repayments, interest, commitment and other fees to include PIK and non-pro-rata events.
- Reconciliation of accounts
- Dealing with transfers, ensuring requests are compliant with transaction documentation and collection of transfer fees.
- Knowledge and understanding of deal documentation and inputting into system, accordingly, responding to Borrower/Lender queries as appropriate.
- Dealing with any client queries / Audit requests in a timely manner. Escalating any relevant matters to Manager in a timely and efficient manner.
- Ongoing due diligence, monitoring any potential fraud, money laundering, and both financial and reputational risk to client.
Skills/Experience:
- Degree educated in finance / business desirable or equivalent level of Loans Admin experience.
- Circa 1 year + experience in a Loan/Agency related role, administering transactions/deals from an operational perspective.
- Working knowledge of Syndicated Loans/Bonds.
- Previous experience of working with SOLVAS is desired but not essential.
- Strong attention to detail and ability to work to tight deadlines.
- A committed work ethic and the ability to operate with integrity.