We are not your average financial services firm and our unique culture is just one aspect that makes us stand out from the crowd. We offer a supportive environment that encourages innovation and creativity whilst maintaining a healthy lifestyle balance. You will be joining one of Europe’s leading Investment Management firms where you can expect real responsibility and recognition from day one. We are large enough to offer a wide variety of career opportunities, whilst small enough to treat you as an individual and tailor training and development to your specific needs.
An opportunity has arisen, for a Loan and Alternative Asset Operations Specialist to work within a team which is responsible for the instruction and settlement of Leveraged Loans and private asset transactions and the management of all life cycle activities until maturity.
You will be responsible for the following tasks:
•Settlement of trades including documentation, SSI’s, instrument set-up & payments on internal systems, trade deal tickets and settlement via swift.
•Instruction of full & partial capital repayments and monitoring.
•Responsibility for loan documentation which is held by our custodians including a monthly reconciliation.
•Calculation of monthly interest due
•Updating of internal procedures and assist with ensuring an effective control framework is in place
•Stock and Cash reconciliations
•Daily liaison with the Front Office, providing administrative support and to resolve problems and queries with underlying assets.
•Build and maintain relationships with agents, Fund TPA’s, Borrowers, and the Front Office.
•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.
•Reconciliation and reporting of internal systems to counterparty and TPA records.
What we are looking for:
You will be experienced with the following asset types: Bank Loans, Private Placements, Unquoted Collectives, Infrastructure and Junior/Senior Mortgages. As well as this, you will possess an excellent level of accuracy and attention to detail. Payments knowledge, (specifically swift – MT202/MT103’s) is also highly sought after for this role, as are excellent IT skills (Microsoft Office, particularly Excel). You will have your strong planning and organisational skills, which you will use to work to strict deadlines, under pressure from both internal and external clients.
M&G is committed to a diverse and inclusive workplace. Our role as an employer is very simple – to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.
We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.