Vice President, Loan Agency (Loans Administration)
Locations: Madrid, Valencia, Mediterraneo
Time type: Full time
Posted on: Posted 2 Days Ago
Job requisition id: JR-0007340
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.
Job Specification: Actively participate in the review of the financing agreements.
Participate in the closing of complex transactions.
Administration and bookkeeping of 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 with the agreements such as fees, interest, and principal repayments/redemptions.
Management of the Loan Administration for different 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 years of experience in the banking/financial/legal advisory sector (Experience in the banking sector is a plus).
Excellent work attitude, quick and willing learner and proficient team player.
Experience in the administration of Syndicated Loans Administration, ideally in agency management as well as in the review of financing contracts.
Knowledge of LMA contracts, calculations of loan settlements, management of participations, etc.
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