The Loan Operations Manager is responsible for the day to day operational management of our Real Estate and Private Credit Funds, working closely with colleagues across the business including the Investment Management teams, and other operational and corporate enabler teams to deliver operational excellence in a strong and robust control environment. The team are also responsible for the design and oversight of the delivery of the Private Assets end to end target operating model, ensuring the development of an efficient and scalable operating model designed to facilitate significant growth as the business scales over the coming years.
With the ever changing regulatory and operational environment a strong understanding of operational risk is essential. The Manager will need to ensure that market and operational risks are anticipated and controlled as well as partner with teams to ensure that any changes or updates to controls are made and communicated accordingly. Passing this knowledge on and helping more junior staff develop and grow will be a critical success factor in this role.
As a key member of the group leadership team the Manager will play a significant role in the documentation of the performance of our stakeholders such as the trustees, agents and counterparties as well as systems and service providers- both internal and external. Communication and relationship building are key parts of this role.
Working in an agile framework the Manager will help to identify, allocate and support project work across the team that aligns to our departments strategic goals and objectives as well as helping to prepare us for any market or regulatory changes that will impact our operations. Full training on agile will be provided.
The Expertise we’re looking for:
* 5+ years Collateral Loan Obligation or Loan Closing experience
* Experience of Clearpar system
* Ability to review and understand Credit Agreements
* Experience Managing Cash Avail
* Strong communication skills with the ability to communicate up and across the organisation.
* Experience in the design and implementation of new operational processes in a system and market context.
* Demonstratable experience in the area operational risk and control management, particularly in a settlement context.
* Strong attention to detail, proactive, highly organised, and process-driven
* Excellent verbal, written communication and relationship building skills
* Strong data analytics skills to identify risks and opportunities for improvement or refinement.
* Proven ability to build relationships both internally and externally fast as well as the ability to grow these further.
* Eager to learn and develop
The Skills You Bring
* Your proven leadership skills
* Your excellent interpersonal, verbal, and written communication skills
* Your ability to work well on teams and in fast-paced, cross-collaborative environments.
* Your ability to think ahead, anticipate questions, plan for contingencies, and find alternative solutions.
* Your ability to build trust and relationships quickly.
* Your passion for innovation.
* Your ability to identify and mitigate risks in a calm manner.
* Your skill in coaching and developing talent within your team and in the organization.
About your role
The role will enable a proactive Loan Closer looking to expand their experience within CLO Operations and Loan Closing. The main goal of this position will be to support the CLO desk, utilising their passion to develop a career in Operations. This role will provide great opportunity to learn and grow with very experienced colleagues. Below are key responsibilities:
* Booking, confirming and settling loan trades for leveraged loan investments
* Reviewing and understanding LMA/LSTA Par standard documentation principally Trade Confirmations, Transfer Certificates and Pricing Letters
* Coordinating with trade counterparties to ensure timely settlement of trades
* Reviewing loan/credit documentation
* Cash management of multiple SPVs in order to settle trades
* Perform daily reconciliations of trade positions and cash
* Ongoing management of existing loan portfolio and processing within relevant systems
* Manage operational risk and ensure all internal processes are accurately followed
* Preparation and distribution of internal documents/reports
* Identifying and escalating issues to the relevant internal parties when necessary
How Your Work Impacts the Organization
The Global Middle Office (GMO) Trade Operations Division acts as a servicing centre for our trading desks, and external managers globally, facilitating trade capture, confirmation and settlement of equity, debt, derivative, and currency transactions with brokers, money managers and custodian banks. In addition to the various external counterparts that the teams deals with, there are also several internal groups that assist in the group's daily responsibilities, including Compliance, Treasurer's Office, Counterparty Risk, Legal, Fund Accounting, and other Custody groups. All of these combine to ensure that we are providing accurate and timely information into the NAV and then value to our investors.
Category:
Investment Operations
Job Description:
Loan Operations Manager
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