Leveraged Loans Administrator recruitment

MG Investments

Opportunity

The successful candidate will have the opportunity of working within a team of 8 dedicated professionals dealing with a leveraged loan portfolio of around 7 billion euros, split across a number of funds.

Key responsibilities

The key responsibilities of this position are to work within a team which is responsible for the processing, instructing, settlement and on-going monitoring of Leveraged Loans transactions.

The individual will be responsible for:

- Instructing and settlement of Leveraged Loan trades.
- Monitoring of income, capital repayments, break costs, Lender of Record Payments, Commitment fees, Consent/Waiver Fees, ad hoc payments and advising internal / external parties of the amounts due.
- Reviewing Loan Documentation, processing the day to day activity within the Lev Loans Administrations department.
- Working closely with the Team Leader and Supervisor to provide on-going improvement of the daily functions.
- Daily processing of rollovers, rate fixings, drawdowns and all aspects of the loans processing area.
- Review and clearing of any breaks within designated timescales.
- To respond to both internal and external queries in a timely manner.
- Maintenance of internal Leveraged Loans systems (WSO CDO Sentry) and assisting in the further development of the systems.

- Reconciliation and reporting of internal systems to counterparty and TPA records.
- Updating of internal procedures.
- Daily liaisons with the Front Office to address and resolve problems with underlying assets.
- Build and maintain relationships with agents, counterparts and the Front Office.

What we are looking for

Essential
- High level of accuracy and attention to detail.
- Strong experience within leveraged loans.
- Ability to work to strict deadlines and work effectively under pressure
- An effective team worker.
- An open/effective communication style.
Excellent planning and organising skills.
Excellent IT Skills, in particular Microsoft Excel.

Desirable

- Knowledge of Wall Street Office.
- Knowledge of tax regulations and procedures relating to Leveraged Loans.
- Knowledge of corporate actions.
- Loan Documentation knowledge.

MG is an equal opportunities employer and welcomes applications from a diverse background.