Description

POSITION: Middle Office VP, Loan Admin

DEPARTMENT: Operations

LOCATION: Pune. Bangalore, India

Summary of Role

The successful candidate will join a recently formed operation within Apex Fund Services to help build and grow out a new loan servicing business. They will work alongside the local Middle Office Manager, helping to onboard systems, define processes and build a global team to service a new product. This is a huge opportunity to join a department at ground level and make it successful.

The Candidate

The candidate will have a good working knowledge and experience working with CLOs, CDOs, Credit Funds and the different types of Loans. They will be driven and motivated to achieve excellence through hard work, good organisation skills, excellent communication and attention to detail.

Main Responsibilities:

• Asset administration: Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including
  • Asset setup
  • Asset Maintenance and reconciliation
  • Liaising with 3rd party brokers/custodians/agents
  • Processing agent notices
  • Processing corporate actions
  • Entering and settling trades as required
  • Preparing and assisting with various reports required by internal teams
  • Other duties assigned by Management

• Cash/Position Reconciliation: Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including
  • Preparing daily reconciliation of cash transactions
  • Preparing daily reconciliation of Apex/Client positions
  • Ensuring aged breaks ( over 7 days ) are addressed and escalated
  • Processing and reconciling data in various systems
  • Actively researching discrepancies with various agents and internal teams
  • Preparing and ensuring all Reporting is issued within the required timeframes
  • Preparing and assisting with various reports required by internal teams
  • Other duties assigned by Management

• Other Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including
  • Preparing & Review procedural documents
  • Preparing daily/Monthly KPI / MIS reporting pack
  • Support in Business enhancements and development
  • Raising areas where operational efficiency can be improved
  • Other duties as assigned by Management

Qualifications, Skills and Experience:

• Degree in Accounting/Finance, or a relevant qualification
• Candidate should have 14-16 years’ experience working in Loan Services
• Extensive knowledge of Credit funds, Reconciliation
• Understanding or knowledge of various security types – Private Debt, Syndicated Loans, Bi-Lateral Loans,
• Understanding of trade lifecycle
• Knowledge and experience with settlements including Clearpar
• Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred

Role-Specific Competencies/Skills:

• Strong communication and analytical skills
• Strong organisational skills
• Accurate and acute attention to detail
• Adaptability - able to change tasks quickly as business needs dictate
• Uses discretion when dealing with sensitive and confidential information
• Excellent oral and written communication skills and demonstrated ability to adapt communication style to audience
• Proven ability to prioritize responsibilities, manage time effectively and meet deadlines accordingly
• Self-motivated
• Punctuality

Corporate Competencies:

• Initiative
• Responsiveness/Sense of urgency
• Accountability
• Integrity