Assistant Vice President - Loan Administration

Apex Group; Pune District; On-site; INR 90,000 - 135,000; Full time

Job summary

Apex Group in Pune is seeking an Executive-level Assistant Vice President 1 - Loan Admin to lead asset administration and reconciliation for complex loan portfolios. The role requires strong attention to detail and extensive experience in loan services.

You will coordinate asset setup, maintenance, and reconciliations, work with brokers and custodians, and prepare reports for internal teams, utilizing MS Office and Solvas to ensure accurate settlements and timely KPI reporting.

Qualifications

• Degree in Accounting/Finance or equivalent
• 10+ years experience in Loan Services
• Extensive knowledge of Credit funds and Reconciliation
• Understanding of security types (Private Debt, Syndicated Loans, Bi-Lateral Loans) and trade lifecycle
• Knowledge of settlements including Clearpar
• Familiarity with securities and financial instruments
• Proficient in Microsoft Office; Solvas (CDO-Suite) preferred

Responsibilities

• Asset setup, maintenance and reconciliation
• Liaising with 3rd party brokers, custodians and agents
• Processing agent notices and corporate actions
• Entering and settling trades as required
• Preparing reports for internal teams
• Assist with KPI/MIS reporting and process improvements
• Other duties assigned by Management

Skills

Loan services

Reconciliation

Trade lifecycle

Securities knowledge

Attention to detail

Education

Degree in Accounting/Finance

Tools

Microsoft Office Suite

Solvas (CDO-Suite)

Job description

Assistant Vice President 1 - Loan Admin

The Apex Group was established in Bermuda in 2003 and is now one of the worlds 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. Thats 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 well 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

Main Responsibilities:

Asset administration:

• Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including Asset setup
• Asset Maintenance and reconciliation
• Liaising with 3rd party brokers/custodians/agents
• Processing agent notices
• Processing corporate actions
• Entering and settling trades as required
• Preparing and assisting with various reports required by internal teams
• Other duties assigned by Management

Cash/Position Reconciliation:

• Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including Preparing daily reconciliation of cash transactions
• Preparing daily reconciliation of Apex/Client positions
• Ensuring aged breaks ( over 7 days ) are addressed and escalated
• Processing and reconciling data in various systems
• Actively researching discrepancies with various agents and internal teams
• Preparing and ensuring all Reporting is issued within the required timeframes
• Preparing and assisting with various reports required by internal teams
• Other duties assigned by Management

Other Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including Preparing & Review procedural documents Preparing daily/Monthly KPI / MIS reporting pack Support in Business enhancements and development Raising areas where operational efficiency can be improved Other duties as assigned by Management

Qualifications, Skills and Experience:

• Degree in Accounting/Finance, or a relevant qualification
• Candidate should have 10+ years experience working in Loan Services
• Extensive knowledge of Credit funds, Reconciliation
• Understanding or knowledge of various security types Private Debt, Syndicated Loans, Bi-Lateral Loans, Understanding of trade lifecycle
• Knowledge and experience with settlements including Clearpar
• Knowledge and understanding of securities and other financial instruments
• Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred

Experience Level Executive Level .