Sr Analyst - Loan Admin

Apex Group; Pune District; On-site; INR 900,000 - 1,200,000; Full time

Job summary

The Apex Group is seeking a detail-oriented Loan Administration Specialist in Pune, India. You will manage asset administration tasks for CLOs/CDOs and related securities, coordinate with brokers and custodians, and assist in trade settlement and reporting.

Strong organisation, communication, and knowledge of DTCC/Euroclear are essential. The role requires a degree in accounting or finance and 3+ years in loan administration.

Qualifications

• Degree in Accounting/Finance or a relevant qualification.
• 3+ years experience in loan administration operations.
• Extensive knowledge of CLOs, CDOS and Credit Funds.
• Understanding of trade lifecycle and settlements including DTCC & Euroclear.
• Proficiency with Microsoft Office; Solvas experience preferred.

Responsibilities

• Asset administration including setup, maintenance, reconciliations, and coordination with brokers/custodians.
• Cash/Position reconciliation and reporting within required timeframes.
• Support Middle Office Manager with duties and training plans.

Skills

CLOs/CDOs

Credit Funds

Trade lifecycle

DTCC/Euroclear

Solvas tool

Microsoft Office

Education

Degree in Accounting/Finance

Tools

Solvas (CDO-Suite)

Job description

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.