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Collateralised Loan Solutions Specialist - Associate
West end of London
Leading financial services institution
Client Details
Leading brand in banking with a renowned name in the UK and abroad is looking to fill an immediate vacancy for a permanent Collateralised Loan Solutions Specialist - Associate.
Description
The Loan Solutions team in the UK provides services across a variety of products in the private capital domain, focusing primarily on the Collateral Debt Obligation and Loan Fund markets.
This team focuses on Collateral Administration services.
The team provide a premier account administration service for loan portfolios across a number of global clients.
Job purpose
* Be responsible for the Collateral Administration service provided to clients of Loan Solutions UK. Working as part of the Loan Solutions London Team to own and deliver Collateral Administration services, change and client facing support locally as well as providing oversight of Loan Solutions IOC Portugal's service delivery and provision for offshored tasks and activities.
* In the role, you will act as a combination of both the main and secondary UK based client contact for a portfolio of Collateral Administration clients and will be a main contact for Loan Solutions Portugal to ensure the delegated service delivery is of a high standard. You will represent an escalation point in the event of urgent and unresolved issues.
Key responsibilities
* Act as both main and secondary contacts for Client relationships on the Loan Solutions UK service delivery across Collateral Administrations platforms - including both Leveraged Loan Funds and Collateralised Loan Obligations - as required.
* Oversee the outsourced service delivery for Collateral Administration products - completed in Loan Solutions Portugal - ensuring the service is of a high standard and on time, monitoring in accordance with SLA and prevailing governance.
* Own delivery to Client for non-end-to-end delegated tasks and functions for Collateralised Loan Solutions products such as Waterfall reporting, ESMA reporting, Hypothetical trade reporting, Portfolio Compliance Reporting.
* Manage any client queries or escalations ensuring appropriate actions are taken to resolve any service issues in a timely manner.
* Monitor the overall Collateral Administration service provision from Loan Solutions London ensuring that monthly MIS are accurate and a true reflection of the service delivery.
* Apply existing policies and procedures and provide routine advice on their interpretation to clients. Create initial reports/analyses based on existing templates for review by more experienced colleagues.
* Accountable for delivering personal targets and objectives to support the performance of the team under general guidance from more experienced colleagues.
* Support the function by actively seeking opportunities to develop knowledge and expertise and to improve their understanding of the BNPP organisation both within the UK and more widely.
* Refer more complex and technical issues to more senior colleagues for resolution and advice in a timely manner, to ensure clients receive the appropriate level of support and service.
* Co-ordinate activity with other relevant Client Delivery departments and work streams to ensure the smooth delivery of operations processes and service levels in accordance with the established procedures and guidelines.
* Work alongside colleagues, Senior Specialists and Managers to contribute to enhancements, change controls and the on board of new business and service delivery
* Working with colleagues, Management and internal stakeholders to onboard new Collateral Administration funds.
* Maintain a production capability within Loan Solutions London to complete Collateralised Loan Solutions activity where necessary inclusive of review and sign-off.
* Maintain a full appreciation of the Collateralised Loan Solutions service provided by Loan Solutions London, understanding its impact and relevance and contributing to process improvement by future proofing issues
* Support Loan Solutions Glasgow with workload demands / absence cover should it be required.
* Working closely with Business Analysts to review and interpret evolving legal documentation, ensuring Collateral compliance calculations are modelled in line with investment guidelines.
* Producing and maintaining localised Policies and Procedures.
* Support training and development of new members of staff.
* Adherence to bank policies and compliance requirements.
Profile
Requirements, Collateralised Loan Solutions Specialist - Associate, West end London.
Essential
* Experience in providing end-to-end Collateralised Administration services, particularly across Leveraged Loan Funds and Collateralised Loan Obligation platforms.
* Demonstrable ability to read, understand, and interpret legal documentation to be able to articulate how a collateralised model should operate, provide testing on model performance and contribute to discussions between Clients and Lenders on any proposed amendments to the models which may impact Operational performance or compliance.
* Demonstrable experience of onboarding complex collateralised loan solution products and working as part of a Project Team to achieve onboarding timelines and success criteria.
* Excellent attention to detail showcasing high levels of problem solving and analytical skills to be able to interpret complex ESMA legislation and high degree of accuracy on Investor Payment Date and Waterfall reporting.
* Strong team player who shows initiative, accountability, and is able to self-motivate.
* Sound working knowledge of policies, procedures, regulations and legislation within client delivery and company-wide.
* Good written and oral English skills in order to articulate technical issues associated to work area.
* Able to coach and support colleagues in their performance and development.
* Computer literacy and a good knowledge of standard computer software and able to learn and utilise specialist applications appropriately.
Preferred
* VBA
* Sentry
* Experience in Loan Closing
Job Offer
Collateralised Loan Solutions Specialist - Associate
Competitive salary, bonus and benefits.
West end of London Location
Excellent financial services brand!
