Market leading Credit and PE Fund business are seeing a Senior Manager in their Loan Operations team. This will be an initial 6 month contract to start ASAP with the capacity to go perm at the end of the initial contract period.
Main duties would include but are not limited to:
- Attend new deal kick-off meetings with Investment Team
- Co-ordinate across Operations to ensure the deal is processed
- Take responsibility for maintaining all deal documentation related to the execution and set-up of new loans (agreements, investment committee papers)
- Ensure commercial terms of deals required for loan operations is captured during the deal onboarding process - working with Tech Team to automate data capture
- Completion of investment checklists to ensure compliance with investment restrictions
- Develop and maintain relationships with in-house finance and operations teams
- Work with deal team to implement standardised URs/Notices
- Ensure that all draws and repayments are logged in cash flow system with UR/Notice back-up on a real-time basis
- Develop Controls framework for internal reviews and approvals of loan cash flow
- Prepare Interest Repayment calculations
- Prepare quarterly Valuations of loan positions to deadline and liaise with Fund Controllers to complete internal review and approvals process
- Ensure Valuation Committee packs are prepared from the Tech Platform
- Develop process and Controls framework for reconciling loan/interest and collateral values provided in compliance certificates with internal data sets
- Work with Partners to document approved methodologies for syndication commercial terms and calculation of pricing
- Support Deal Team, IR and Fund Controllers on syndication workflows
- Responsible for tracking co-invest counterparties and Committed amounts by Funds, SMAs and Co-invests over time.
The successful candidate will ideally come from a Private Credit background with at least 5 years experience in a similar role. Advanced Modelling/Excel skills would be a distinct advantage as would be experience supporting on implementation of Loan Administration Systems.
Please note, due to the urgent nature of this role, candidates on more than one months notice cannot be considered for this role.
We look forward to receiving your application.
Should you require any support or assistance, please contact your local Marks Sattin office.
Marks Sattin is part of Gi Group Holdings Recruitment Limited and we are proud founding members of Menopause in business, pledge members for Nuerodiversity in business, Disability committed members, Silver status pledge members for the Armed Forces Covenant, and Bronze trail blazers for Racial Equality matters.
Gi Group Holdings Recruitment Limited group of companies includes Gi Recruitment Limited, Draefern Limited, Gi Group Recruitment Ltd, INTOO (UK) Limited, Marks Sattin (UK) Limited, TACK TMI UK Limited, Grafton Professional Staffing Limited, Encore Personnel Services, Gi Group Ireland Limited and Kelly Services (UK) Ltd. Gi Group Ireland Limited are acting as an Employment Businness in relation to this role.
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