Middle Office Credit Analyst

Apex Group; Bengaluru; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Apex Group is seeking an Analyst - Middle Office Credit to join our team in Bengaluru. The role covers asset administration, cash and position reconciliation, and supporting the Middle Office Manager with training and workload planning.

The candidate should have an Accounting/Finance degree and 3+ years in loan administration, with strong knowledge of CLOs/CDOs and trade lifecycles. Experience with DTCC, Euroclear, and Solvas would be advantageous.

Qualifications

• Degree in Accounting/Finance or relevant qualification.
• 3+ years’ experience in loan administration operations.
• Extensive knowledge of CLOs/CDOs/Credit Funds.
• Understanding of trade lifecycle and settlements including DTCC & Euroclear.
• Experience with Solvas (CDO-Suite) preferred.

Responsibilities

• Asset administration: setup, maintenance, reconciliation; liaising with brokers/custodians; processing notices; trade entry and settlement; reporting.
• Cash/Position reconciliation: daily cash and position reconciliations; address breaks; data processing in various systems; researcher discrepancies.
• Support Middle Office Manager: assist in assigning duties; roll out training and development plans.

Skills

Loan administration

Credit funds knowledge

Trade lifecycle knowledge

DTCC & Euroclear familiarity

Education

Degree in Accounting/Finance

Tools

Solvas (CDO-Suite)

Microsoft Office

Job description

Analyst - Middle Office Credit 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

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.

Experience Level Mid Level