Analyst - Loan Admin

Job Description

Role Overview:
You will be joining a recently formed operation within Apex Fund Services as an Associate in Loan Servicing. Your main responsibility will be to assist in building and growing a new loan servicing business. Working closely with the Middle Office Manager, you will be involved in onboarding systems, defining processes, and establishing a global team to service a new product. This role presents a significant opportunity to contribute to the success of a department from its inception.

Key Responsibilities:
- Asset administration:
  - 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 various reports for internal teams
  - Other duties as assigned by Management

- Cash/Position Reconciliation:
  - Daily reconciliation of cash transactions
  - Daily reconciliation of Apex/Client positions
  - Addressing and escalating aged breaks (over 7 days)
  - Processing and reconciling data in various systems
  - Researching discrepancies with agents and internal teams
  - Ensuring timely issuance of all required reports
  - Other duties as assigned by Management

- Support Middle Office Manager:
  - Providing support in assigning duties and work delegation
  - Implementing training and development plans for direct reports and new joiners

Qualifications Required:
- Degree in Accounting/Finance or a relevant qualification
- 3+ years of experience in loan administration operations
- Extensive knowledge of CLOs, CDOs, and Credit Funds
- Understanding of various security types including Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, and more
- Familiarity with trade lifecycle and settlements such as DTCC & Euroclear
- Proficiency in Microsoft Office Suite, experience with Solvas (CDO-Suite) preferred
- Experience with Solvas tool

Role-Specific Competencies/Skills:
- Strong communication and analytical skills
- Organizational proficiency
- Attention to detail
- Adaptability to changing business needs
- Discretion in handling sensitive information
- Effective time management and deadline adherence
- Self-motivation and punctuality

Additional Details:
The Apex Group, established in Bermuda in 2003, is a leading fund administration and middle office solutions provider with a globally distributed service model. Administering approximately $650 billion in assets, Apex offers a range of products and services spanning the full value chain of funds. With a team of over 13,000 employees across 112 offices worldwide, Apex is committed to empowering employees and driving industry-changing innovations.,