Loan Closer (Asset Management)
MG Investments MG Investments is Prudential plc's UK based fund management business and is one of Europe's leading active asset managers with more than £238.4 billion* of funds under management across fixed income, equity, property and multi-asset strategies.
-*as at 31 March 2013
Opportunity
The Investment Operations Leverage Loans team are responsible for the administration of a wide range of Fixed Floating Interest investments on behalf of its internal and external clients. This role is supporting Fixed Income Front Office in the preparation of loan documentation.
Key responsibilities
The key responsibilities of this position are to be responsible for the preparation and administration of Primary and Secondary Loan trading documentation for Leverage Loan assets on behalf of MAGIM clients.
The individual will be responsible for:
* To interact with internal departments with MG, external Counterparts and Agents to provide an effective and efficient documentation service.
* Negotiate and transact the correct loan documentation within agreed timescales
* Ensure all relevant areas are notified of all trades within agreed timescales.
* Maintaining the Settlement Monitoring System for all open trades.
* Production of MIS
* To maintain and develop the existing internal external relationships.
* Updating of internal procedures as and when required.
* To ensure that all relevant Corporate Actions are dealt with within the designated deadlines and to ensure that all fees due are recorded.
* To ensure the correct procedures are adhered to in terms of Taxation and Jurisdictional requirements.
What we are looking for
* Proven Leverage Loan Closing experience
* In-depth Credit Documentation knowledge.
* High level of accuracy and attention to detail
* Ability to work to strict deadlines
* Ability to work under pressure and to identity the Front Office's needs, requirements and priorities.
* An effective team worker.
* An open/effective communication style.
* Excellent analytical skills.
* Excellent Lev Loan Market contacts and relationships.
* Settlement system knowledge, particularly ClearPar.
* Wall Street Office system knowledge (not essential).
* Basic Loan Administration knowledge an advantage.
* Excellent Credit Documentation Knowledge
MG is an equal opportunities employer and welcomes applications from a diverse background.
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