CLO/Loans Operations Analyst

Position: Permanent

Salary: £55-65,000

Location: London

Job ID: JA1706LOA

[vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-user” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619eb5149e4″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-gbp” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef35454666″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-map-marker” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef34854665″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-hashtag” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619ef8cc060″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1549902118595{padding-top: 20px !important;}”][vc_column_text]Our client, a successful Private Equity firm, are looking to recruit a CLO/Loans Operations Analyst for their London office.

Main Responsibilities of the CLO/Loans Operations Analyst:

Asset / Loan Operations

  • Review documentation from an operational and administrative perspective, focusing on settlement and closing processes, fee events and entitlements, interest reset processes, repayment schedules, margin ratchet triggers, cash sweeps and other life cycle events
  • Based on such review, prepare a Deal Term sheet for approval by the Operations Director and distribution to our Administrators
  • Manage the operational process of closing, funding and booking of new investments. This includes creating a funds flow statement and timetable for new investments.
  • Liaise with the Deal team and internal Counsel with regard to the closing, including prefunding arrangements and obtaining confirmation of satisfaction/waiver of any applicable CPs ahead of funding
  • Liaise with administrators for the execution of payment instructions.
  • Liaise with Administrators to confirm correct settlement and booking of Investment and receipt of front end and other fees, including correct receipt by all parties of Agent bank notification of first interest period (rate, and next settlement date and amount)
  • Coordinate with the Agent banks and the Administrator(s) regarding all scheduled life cycle events, such as interest resets, repayments etc
  • Monitor the Loan Administration email box and other channels for other Agent bank notices and communications in particular for non-scheduled events such as prepayments, unscheduled fee payments and waiver requests.
  • Management of Leverage facilities, including preparation of notices / reporting, maintenance of models and hypothetical tests / scenarios.
  • Assist with the preparation of Loan Transfer Documentation
  • Review of weekly cash and position reconciliations

Fund Operations

  • Assist with administrative aspects of set-up of new fund structures, e.g. Bank account applications, set up of custody arrangements, incorporation capital
  • Preparation of FATCA / CRS documentation including Withholding Statements for Fund entities
  • Preparation and filing of tax exemption documentation,
  • Maintain fund profile / registrations worksheets
  • Assist in compilation of fund reports for quarterly Board meetings

Skills required of the CLO/Loans Operations Analyst:

  • A familiarity with loan documentation and transfer provisions is essential
  • Some experience of structured finance is desirable (CLOs / CDOs / TRS / Securitised Lending)
  • Knowledge of private debt useful but not essential
  • Understanding of payment processes
  • Computer skills: Excel, Word & PowerPoint essential
  • Experience with Blackmountain systems would be useful but not essential
  • Excellent organisational skills and ability to work under pressure

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