Overview:
Excellent opportunity for an experienced Transaction Manager, with strong working knowledge of Fund Finance and Loans/Debt related products and services to join a growing non-banking financial institution. The successful candidate will join an expanding team and will be responsible for overseeing a portfolio of non-CRE loans (debt). This role will entail managing a portfolio of deals/clients, managing relationships with lenders, borrowers, and other third parties (lawyers, auditors, regulatory authorities, servicers, asset managers etc.), meeting pre-agreed deadlines and ensuring consistently high levels of service to clients at all times.
Candidates will have strong working knowledge of portfolio financing (backed by various asset classes including corporate loans, fix & flip trades, invoice factoring, residential units etc.), structured finance (structured credit), real estate finance transactions and the functions of Facility Agent & Security Agent.
Responsibilities include:
- Managing and leading the Closing of transactions alongside the appointed legal counsels representing the Agent’s interest.
- Supporting and working with legal counsels from third party law firms and senior management on the closing of new transactions, including review of the LMA standard loan documentation based on mark-ups provided by the designated law firms.
- Supporting internal colleagues in the setup of the borrowing base and covenant calculation models.
- Independently running the Interest Payment Date (IPD) and Drawdown cycles on allocated loan portfolio where the Company has been appointed in a variety of roles (Calculation Agent, Reporting Agent, Collateral Administrator, ESMA Reporting Agent, Cash Manager etc.) as a finance party.
- Collecting and analysing borrower deliverables (borrowing base models, asset designation requests, catch-up drawings, utilisation requests, withdrawal requests, prepayment requests, compliance certificates, monthly reports etc.) as applicable.
- Managing relationships and communication between lenders & borrowers on allocated loans.
- Preparing payment instructions for processing of remittances from secured bank accounts controlled by the Security Agent.
- Working closely with the team to facilitate the ongoing improvement of processes and internal controls.
- Shadowing and supporting other team members with their loan portfolios as required.
- Supporting a range of business expansion related projects and initiatives.
Skills/Experience
- Strong academic background with a track record of success.
- Previous experience in managing a portfolio financing transactions.
- Ability to confidently meet and present to clients at all levels.
- Solid analytical and technical skills, able to understand complex loan structures and underlying credit risk.
- Organised, methodical, and able to deliver on agreed deadlines.
- Collaborative approach, working closely with the Front Office Team in London and interacting remotely with overseas Operations Team.
- Flexible, able to adapt quickly and effectively to evolving business requirements;
- Ability to respond to/resolve clients queries in a timely manner.
- Advanced skills in MS Office suite (including Excel, Word, and PowerPoint) - Required.
- Understanding of ESMA reporting (various Annexes) – Beneficial.
- European languages – Preferred.