Bank Debt Servicing (Senior Associate and Manager)

Manager - Bank Debt Servicing

Location- Hyderabad, India

The Manager position for Bank Debt Servicing is responsible for timely and accurate processing of all post-settlement bank debt activity and ensuring all loan attributes are accurately reflected in systems. This includes working with Agent Banks, Custodians, and Third-Party Administrators to resolve any cash or position differences.
scope and responsibilities

• Monitor bank loan events and ensure activity is processed accurately and timely across multiple accounts, funds, and special purpose vehicles
• Monitor data feeds and resolve exceptions to ensure activity is reflected accurately by end of day.
• Process drawdown requests, including validating amounts across lenders, obtaining approvals, and coordinating payment.
• Work with the Bank Debt settlement team to ensure events taking place between trade and settlement are accounted for and properly attributed to the settlement of trades.
• Work with the Corporate Actions team to ensure events are captured and processed timely and accurately.
• Work with Agents, Custodians, and other parties to effectively research and resolve reported cash, position, and loan attribute differences.

experience required

• 5+ years relevant operations experience; specific expertise and knowledge of syndicated and private loans.
• Interacting with front office personnel, accounting teams, agents, and custodian banks.
• Using industry utilities and software platforms such as Wall Street Office, ClearPar, and SS&C Loans
• Comprehensive knowledge of agent notices including activity types and formats.
• Knowledge and understanding of Advents Geneva Accounting system

Education
A Bachelors degree is required.