Description:
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 operations team. They will work alongside the Global Head of Middle Office Operations, helping to onboard systems, define processes and build a global team to service the expansion of this new product. This is a huge opportunity to join a global growing department and make it successful.
The Candidate
The candidate will have extensive knowledge and experience working with CLOs, CDOs and Credit Funds. They will be driven and motivated to achieve excellence through hard work, good client service skills, excellent communication and organisation. They will have solid team leading experience and solid exposure in bilateral loan & syndication loam to oversee the loan operations team globally.
Main Responsibilities:
- Oversees the loan operations team globally on day-to-day operations across functional teams to ensure the team deliver a high standard of service on all activities
- Formulate procedures, checklists, assist with the workflow arrangement across all teams globally and work with each team on resource allocation.
- Work closely with Regional Heads to ensure KPI’s are achieved
- Participate in system development and new product implementation projects.
- Mentor and motivate teams to achieve productivity and engagement
- Manage teams locally and in various jurisdictions to ensure timely & accurate deliverables.
- Roll out training and development plans to direct reports.
- Serves as a subject matter expert on Loan operation activities throughout the organization
- Collaborate with internal teams on projects, priorities and strategies
- Provides guidance to all staff fostering an environment encouraging teamwork and communication
- Drives value for the team by improving service delivery, enhanced customer service, managing complexity and change, assessing risk and balancing strategy and execution.
- Recommends improvements and takes necessary actions to update policies, procedures and
Qualifications, Skills and Experience:
- Degree in Accounting/Finance, or a relevant qualification
- Candidate should have at least 15 years hands-on experience working in loan operations
- Extensive knowledge of CLOs/CDOs/Credit Funds
- Understanding or knowledge of various security types – 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