Assistant Vice President Loan Agency

Year    Pune, Maharashtra, India

Job Description


The Apex Group was established in Bermuda in 2003 and is now one of the worldxe2x80x99s largest fund administration and middle office solutions providers.Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.Thatxe2x80x99s why, at Apex Group, we will do more than simply xe2x80x98empowerxe2x80x99 you. We will work to supercharge your unique skills and experience.Take the lead and wexe2x80x99ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.For our business, for clients, and for youJob Specification

  • Actively participate in the review of the financing Agreements and in closing deals.
  • Administration and bookkeeping of the transactions.
  • Setting of interest periods and reference interest rates applicable to each period.
  • Ensure that client responsibilities are managed effectively and to agreed client, best practice, regulatory and statutory deadlines.
  • Calculate settlements / amounts to be paid by the borrowers and lenders in accordance to the agreements such as fees, interest, and principal repayments/redemptions;
  • Management of the Loan Administration for different jurisdictions: As a global financial services provider, Apex provides Agency services in a variety of jurisdictions.
  • Management of communications / to be delivered to the borrowers and lenders, and the different Loan Admin. departments, according to the financing Agreements.
  • Coordinate, organize and participate in meetings and conference calls required by the day-to-day management of the Agency Department.
  • Coordinate, manage and register the communications and issues raised among borrowers, lenders, obligors and advisers of the Financing.
  • Execute the instructions to make payments, on each payment date, according to the financing Agreement.
  • Coordinate the agency duties with the Loan Agency Team and support the activity of the Loans Agency Team when required.
  • Support and training of more junior members of the Team.
  • Training and direct support to different jurisdictions, in accordance with the established procedures.
  • Cooperate with IT team in developing in-house software.
  • Management and coordination of Syndicated Guarantees Facilities and Factoring Facilities.
  • Monitor and control the periodic or one-off compliance by the borrower of all obligations and compulsory actions and milestones set forth in the financing agreements.
Skills Required.
  • At least 6-8 years of experience in the banking / financial / legal advisory sector (Experience in the Loan/Deal closing is a plus)
  • Excellent work attitude, quick and willing learner and proficient team player.
  • Experience in Syndicated Loan Administration, ideally in agency management as well as in the review of financing contracts; knowledge of LMA contracts, calculations of loans settlements, management of participations, etc.
  • English is a must.
  • Excellent communication skills and professionalism.
  • Ability to work under pressure and to prioritize tasks accordingly.
  • Ability to take initiative and multitasking.
  • Strong work ethic, a proactive approach and can-do mindset.
  • Willingness to learn and get relevant experience in the syndicated loans sector.
Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Apex Group

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Job Detail

  • Job Id
    JD3640921
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Pune, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year