Associate

Apex Group Ltd; Bengaluru; On-site; INR 800,000 - 1,100,000; Full time

Job summary

Apex Group Ltd Bengaluru requires an experienced candidate with hands-on knowledge of CLOs, CDOs and credit funds to join our fund administration and middle office team. You will handle asset administration tasks, reconcile cash and positions, and coordinate with brokers, custodians and internal teams.

The role emphasizes accuracy, clear communication and attention to detail, with responsibilities including processing corporate actions, trade entries, reporting, and supporting the Middle Office

Qualifications

• Degree in Accounting/Finance, or a relevant qualification.
• 3+ years' experience working in loan administration operations.
• Extensive knowledge of CLOs/CDOs/Credit Funds.
• Understanding of various security types - Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, CDS Indices, Forwards, ABS, MBS, TRS, etc.
• Understanding of trade lifecycle and settlements including DTCC & Euroclear.
• Familiarity with Solvas (CDO-Suite) preferred; strong MS Office skills.

Responsibilities

• Asset administration: assets setup, maintenance and reconciliation; liaising with brokers and custodians.
• Cash/Position reconciliation: daily cash and position reconciliation; manage aged breaks and reporting.
• Support Middle Office Manager: assign duties, training plans and workload delegation.

Skills

Asset administration

Reconciliation

Trade processing

Data entry

Education

Degree in Accounting/Finance

Tools

Solvas

CDO-Suite

Microsoft Office

Job description

Job Description:

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.Your career with us should reflect your energy and passion.

That's 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 we'll 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

The Candidate

The candidate will have a good working knowledge and experience working with CLOs, CDOs, Credit Funds and the different types of Loans. They will be driven and motivated to achieve excellence through hard work, good organisation skills, excellent communication and attention to detail.

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
  
  
  
  


• Support Middle Office Manager:
  
  
  
  • Providing support for assigning duties and work delegation
  
  
  • Roll out training and development plans to direct reports and new joiners.
  
  
  
  

Qualifications, Skills and Experience:

• Degree in Accounting/Finance, or a relevant qualification


• Candidate should have 3+ years' experience working in loan administration operations


• Extensive knowledge of CLOs/CDOs/Credit Funds


• Understanding or knowledge of various security types - Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, CDS Indices, Forwards, ABS, MBS, TRS, etc.


• Understanding of trade lifecycle


• Knowledge and experience with settlements including DTCC & Euroclear


• Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred


• Must experience into Solvas tool.

Disclaimer

Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Requirements: