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Alternative Asset Operations Administrator - FTC

Alternative Asset Operations Administrator - FTC

Posted 13 May by eFinancial Careers
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple. We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles. What you can expect from us: We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to: Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best How do we support our employees: All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support. The Role: The Alternative Asset Operations team are responsible for the administration of a wide range of Fixed & Floating Interest investments on behalf of both its internal and external clients. This role is supporting Fixed Income Front Office with the settlement, administration and sharing general overall product and administration of Leverage Loans and Private Debt. Experienced Colleague: Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training For team leaders, accountable for ensuring the team the role supports is delivering a quality service or product Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems Delivers outputs that are clearly defined, using discretion over how to achieve them Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations Key Responsibilities for this role: The key responsibilities of this position are to work within a team which is responsible for the processing, instruction, settlement and on-going monitoring of Leveraged Loans and Private Debt transactions. The individual will be responsible for: Instruction and settlement of Leveraged Loan and Private Debt trades Monitoring of income, capital repayments, break costs, Lender of Record Payments, Commitment fees, Consent/Waiver Fees, adhoc payments and advising internal / external parties of the amounts due. Reviewing Loan Documentation, processing the day to day activity within the Alternative Asset Operations department and within departmental guidelines. Working closely with the Team Leader and Manager to provide on-going improvement of the daily functions. Daily processing of Rollovers, rate fixings, drawdowns and all aspects of the loans processing area within departmental guidelines. Review and clearing of any cash/stock breaks within designated timescales. To respond to both Internal and External queries in a timely manner. Maintenance of internal Alternative Asset Operations systems and assisting in the further development of said 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 relationships with agents, counterparts and the Front Office. Assist Private Credit with any credit and/or system issues. Key Knowledge, Skills & Experience: Essential Excellent level of accuracy and attention to detail. Minimum of 2 years' experience within leveraged loans and/or Private Debt Payments knowledge (swift) Ability to work to strict deadlines. An effective team player. An open/effective communication style. Excellent planning and organising skills. Excellent IT Skills of Microsoft Office, in particular Microsoft Excel. The ability to work under pressure from both internal and external clients. Must be able to "hit the ground running" in a high-pressured environment. The ability and willingness to put in added time and effort during busy periods. Ability and willingness to embrace change Desirable Working Knowledge of WSO (Wall Street Office) Working Knowledge of Aladdin Basic Loan Documentation Knowledge Closing Date: 17.5.2021 We live by four behaviours at M&G and we ask all our employees to: Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

Reference: 42713510

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