THE ROLE
This position’s primary focus will be related to supporting illiquid / complex transactions. The right candidate will ultimately be responsible for understanding the structural anomalies of each deal, assisting with settlement, ongoing cash flows, and any other transactional activity associated with the deal.
Responsibilities
§ With assistance and guidance from team Management, understand the potential nuances (JV structure, derivatives, reporting, use of leverage, familiarity with FX, etc.) for a subset of deals.
§ Provide support for illiquid / complex transactions. Support includes the following:
§ Preparation of wires in anticipation of trade settlement, transaction activity, etc.
§ Preparation of Geneva loader files to reflect investment level activity – paydowns, PIK’s, reorgs, recording of income/expenses, etc.
§ Preparation of Geneva loader files to reflect cash activity – transfers, etc.
§ Assist in tracking/monitoring distributions from SPV’s. Tracking includes ensuring appropriate levels of sign-off are being captured in our summarized reporting.
§ Assist in preparation of “Internal Funds Flow” documents, to ensure that the flow of funds follows a pattern previously established, or in accordance with a structure chart.
§ Attend several weekly meetings, scheduled with Asset Management, to ensure proper levels of understanding of upcoming transaction settlements.
§ Process and service syndicated and bilateral loans, including deal closings, drawdowns, rollovers, repayments, prepayments, rate-fixings, and fee calculations, ensuring compliance with service level agreements (SLAs).
§ Various other ad-hoc analytics, reports, and deliverables related to understanding deal-level and fund-level data.
§ Coordinate funding activities, including syndicated loan trade settlements, and ensure timely execution of payments and disbursements.
Skills Required
· Strong knowledge of Excel (pivot tables, vlookups); Macros a plus
· Intellectual curiosity, as this individual will be exposed to cutting edge structures and investment thesis, which will require the ability to ask questions to gain an understanding of the products being covered
· Analytical and able to grasp data relationships and information logic
· Collaborative: team player, proactive, self-starter, who can implement process changes
· Fast learner, motivated, innovative, enthusiastic, rigorous and emotionally resilient
· Strong communication skills – ability to understand and articulate concepts concisely, both orally and in writing, in time pressured environments
Advantageous Skills
· Previous experience with Geneva accounting system
· Working knowledge of loan servicing activities.
Academic Requirements
· Graduation in Business, Finance, Economics and/or Accounting