Associate - Loan Admin
Apex Group
- Bangalore, Karnataka
- Permanent
- Full-time
- 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
- Support Middle Office Manager:
- Providing support for assigning duties and work delegation
- Roll out training and development plans to direct reports and new joiners.
- Degree in Accounting/Finance, or a relevant qualification
- Candidate should have 2-4 yearsâ experience working in loan administration operations
- Extensive knowledge of CLOs/CDOs/Credit Funds
- Understanding or knowledge of various security types â Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, CDS Indices, Forwards, ABS, MBS, TRS, etc.
- Understanding of trade lifecycle
- Knowledge and experience with settlements including DTCC & Euroclear
- Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred
- Must experience into Solvas tool.
- 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
- Initiative
- Responsiveness/Sense of urgency
- Accountability
- Integrity