Link ASI Ltd provides financial outsourcing services to a wide range of institutional, corporate and financial clients worldwide offering a range of services comprising corporate solutions, treasury solutions, debt solutions, shareholder solutions, fund solution and private client solutions.
The Structured Finance group provide a range of services to clients, acting in a number of capacities, depending on client requirements, from Facility Agent to Servicer. The portfolio of clients is quite diverse, with complicated financial needs, including securitisations, development loans and loan originations.
Link Asset Services are looking for a highly motivated individual to act as analyst on the Structured Finance team.
The individual will be responsible for providing day to day loan administration for a portfolio of loans, including the monitoring/movement of funds to ensure efficient, accurate and timely administration of Cash Disbursements, in accordance with predefined priority of payments (waterfall) and financial covenant testing. The individual will also be required to provide accurate and timely information and reporting to our Clients and associated third parties (including investment banks, rating agencies and counterparties). The successful candidate needs to have the ability to read, interpret and understand legal documents and be comfortable making solid business judgements based on the interpretation of the legal documents.
Accountabilities and main responsibilities:
Review and interpret legal documentation to ensure accurate implementation of financial covenants, trigger events, priority of payments (waterfall) to determine cash distributions for all loans assigned, in compliance with various legal documents including but not limited to the following: Loan Agreement, Inter-creditor Deed, Cash Management Agreement and Servicing Agreement.
Identify and explain variances from period to period and provide analysis on any other relevant factors that are affecting the loan, obtaining further information to clarify where necessary.
Liaison with associated parties as necessary to ensure the smooth operations end to end e.g. Banks, Investors, Legal firms and relevant internal departments of Link such as Asset Management, Bank Account Administration, Cash Management, Risk & Compliance etc.
Diarise the logistics of information flow for each loan IPD to ensure the timely receipt of all required information and communicate requirements to the respective parties
Report and work with vast data in excel and ability to manipulate and deliver on same
Monitor borrower bank accounts in advance of each IPD to determine the adequacy of funds to facilitate cash movements
Reconciliation of all Investor cash movement to ensure all expected funds were received and correctly distributed.
Preparation and timely distribution of reports at pre agreed intervals to investors, rating agencies, issuers, note holders and counter-parties accurately reflecting the financial position of the loan and deal.
Address all internal and external customer queries in a timely and accurate manner. Ensure all data relating to assigned portfolio is accurately and effectively reviewed, monitored, recorded, summarized and distributed.
Participate openly and proactively in ongoing initiatives to broaden the skill base and knowledge of the unit
Develop strong working relationships locally and with colleagues in other locations to ensure that a seamless and best in class service is maintained within the assigned portfolio team.
Carry out any other duties as assigned by Management
Three years financial services experience is essential, preferably with experience dealing with loan documentation.
A third level financial, property or accounting related qualification would be a distinct advantage
Strong financial analysis skills with ability to review, understand and interpret multiple legal documents, with sound decision making capabilities.
Effective communicator with an ability to communicate at all levels
Exhibits a high degree of reliability and flexibility and a positive attitude and be counted on to participate as required
Proficiency in the use of MS Office applications (Word, Excel, Access), with advanced Excel experience an advantage
Demonstrate an organised approach to work, and an ability to prioritise to ensure critical tasks are delivered accurately.
- A second language would be an advantage
Ability to work in a pressurised environment with regular deadlines
Innovation, change and continuous improvement
- Risk and conduct management
Our people are the reason we are able to deliver market-leading data and information solutions for companies, large asset owners and trustees worldwide. That's why we invest heavily in our employees globally by providing great career progression and training opportunities, working environment and employee benefits.