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59 Apex Group Jobs

Analyst - Loan Admin

7-11 years

Pune

1 vacancy

Analyst - Loan Admin

Apex Group

posted 29d ago

Job Description

The Apex Group was established in Bermuda in 2003 and is now one of the world s largest fund administration and middle office solutions providers.
Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.
That s why, at Apex Group, we will do more than simply empower you. We will work to supercharge your unique skills and experience.
Take the lead and we ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.
For our business, for clients, and for you
ABOUT APEX
The Apex Group was established in Bermuda in 2003 and is now one of the world s largest fund administration and middle office solutions providers. Apex has continually improved and evolved its product suite by surrounding these core administrative services with additional products spanning the full value chain of a fund; from information delivery and regulatory products to fund platforms and tax services. The globally distributed service model has rapidly expanded through a combination of organic growth and more recently bolstered by acquisition. Service is now delivered by over 3000 staff across 40 offices. The Apex Group administers circa $650bn in assets, including the investments of some of the largest funds and institutional investors in the world.
POSITION : Associate
DEPARTMENT: Operations
LOCATION: Pune, Bangalore
SHIFT:- UK & US SHIFT
Summary of Role
The successful candidate will join a recently formed operation within Apex Fund Services to help build and grow out a new loan servicing business. They will work alongside the local Middle Office Manager, helping to onboard systems, define processes and build a global team to service a new product. This is a huge opportunity to join a department at ground level and make it successful.
The Candidate
The candidate will have a good working knowledge and experience working with CLOs, CDOs, Credit Funds and the different types of Loans. They will be driven and motivated to achieve excellence through hard work, good organisation skills, excellent communication and attention to detail.
Main Responsibilities:
  • Asset administration: Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including
    • 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 and assisting with various reports required by internal teams
    • Other duties assigned by Management
  • Cash/Position Reconciliation: Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including
    • Preparing daily reconciliation of cash transactions
    • Preparing daily reconciliation of Apex/Client positions
    • Ensuring aged breaks ( over 7 days ) are addressed and escalated
    • Processing and reconciling data in various systems
    • Actively researching discrepancies with various agents and internal teams
    • Preparing and ensuring all Reporting is issued within the required timeframes
    • Preparing and assisting with various reports required by internal teams
    • Other duties assigned by Management
  • Support Middle Office Manager:
    • Providing support for assigning duties and work delegation
    • Roll out training and development plans to direct reports and new joiners.
Qualifications, Skills and Experience:
  • Degree in Accounting/Finance, or a relevant qualification
  • Candidate should have 2+ years experience working in loan administration operations
  • Extensive knowledge of CLOs/CDOs/Credit Funds
  • Understanding or knowledge of various security types - Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, CDS Indices, Forwards, ABS, MBS, TRS, etc.
  • Understanding of trade lifecycle
  • Knowledge and experience with settlements including DTCC & Euroclear
  • Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred
  • Must experience into Solvas tool.
Role-Specific Competencies/Skills:
  • Strong communication and analytical skills
  • Strong organizational skills
  • Accurate and acute attention to detail
  • Adaptability - able to change tasks quickly as business needs dictate
  • Uses discretion when dealing with sensitive and confidential information
  • Excellent oral and written communication skills and demonstrated ability to adapt communication style to audience
  • Proven ability to prioritize responsibilities, manage time effectively and meet deadlines accordingly
  • Self-motivated
  • Punctuality
Corporate Competencies:
  • Initiative
  • Responsiveness/Sense of urgency
  • Accountability
  • Integrity
We are an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital/civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
Find out more about us by visiting our website at www.apexfundservices.com .

Employment Type: Full Time, Permanent

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What people at Apex Group are saying

Administrator salary at Apex Group

reported by 2 employees with 5-26 years exp.
₹5.3 L/yr - ₹6.8 L/yr
26% more than the average Administrator Salary in India
View more details

What Apex Group employees are saying about work life

based on 781 employees
58%
93%
84%
90%
Strict timing
Monday to Friday
No travel
Day Shift
View more insights

Apex Group Benefits

Submitted by Company
Personal Development Training and Seminars
Employee Assistance Programmes
Local Benefit Schemes- Gym Membership or Cycle to Work Initiatives
Mental Health Workshops
Thrive- employee recognition platform
Submitted by Employees
Work From Home
Health Insurance
Job Training
International Relocation
Free Transport
Cafeteria +6 more
View more benefits

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