Senior Associate - Syndicated Loans Administration

Senior Associate

The Apex Group was established in Bermuda in 2003 and is now one of the world’s 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.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll 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 you

Job Specification

• Associate and Senior Associate in closing deals.
• Administration and book keeping of the Loan 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: UK, NY, Japan and all jurisdictions with Loan Agency needs.
• Management of communications / to be delivered to the borrowers 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;
• Coordinate, manage and register the communications and issues raised among borrowers, lenders, obligors and advisers of the Financing;
• Execution the instructions to make payments of interest and principal from the borrower to the lenders and to the on each payment date;

• Training and direct support to different jurisdictions.
• 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 4-5 years of experience in the banking / financial / legal advisory sector.
• Experience in the banking sector is an asset the banking sector;
• Excellent work attitude, quick and willing learner and proficient team player;
• Experience in the administration of Syndicated Loans Administration, ideally in agency management is an asset as well as in review of financing contracts, ideally knowledge of LMA contracts, calculations of loan settlements, management of participations, etc. Experience with Intralinks/ Debt domain or similar loans communication tools is an advantage;
• English a must;
• Excellent communication skills and professionalism;
• Ability to work under pressure and to prioritize tasks accordingly;
• Ability to take initiative;
• Strong work ethic, a proactive approach and can- do mindset;

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.

Experience Level

Senior Level