Summary
Date Posted: Friday, March 11, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Portfolio Administrator

Job Summary
The Agency Operations Unit (acting as the appointed facility agent for all syndicated loans arranged by the Bank), manages all syndicated loan administration and monitoring activities, covering the pre-funding, funding and transaction lifecycle phases, on behalf of all syndicate lenders. The Unit also coordinates all secondary trade back-office processing (buying and selling on of loans behalf of all syndicate lenders), and administers syndicated loans arranged by the Bank, offering comprehensive Facility Agency and Security Trustee services on such facilities.
Reporting to the Head Agency Operations Unit, the Portfolio Administrator will support the Unit Head to ensure efficient maintenance of a portfolio of Par/Distressed loan trades, bonds and other assets from trade date through to settlement. The incumbent will be responsible for day-to-day trade processing and settlement functions, providing effective client service ensuring that trades get to the right client and to the right account, at the right time, and cover the full spectrum of financial products, from bonds and equities to swaps and options.

Duties and Responsibilities
The duties and responsibilities of the rule include but are not limited to:
• Manage the full portfolio of Par/distressed loans and bonds
• Draft, review and negotiated Par/distressed trade documents: trade confirmations, transfer certificates, sub-participation agreements, multi-lateral netting agreements and funding memos, purchase and sale agreements and distressed trade claim documentation
• Liase with trade counterparties, agent banks, legal counsel, both internal and external as required to ensure documents satisfy procedural and audit requirements in respect of PAR trading and are for a smooth settlement
• Ensure that Traders are updated in banks systems WSO Web / WSO Administrator in accordance with the Bank’s procedures to accurately reflect underwriting exposure outstanding to settle
• Close liaison with the Treasury/FMD teams to instruct the settlement of trades ensuring they are settled quickly and efficiently
• Monitor positions to ensure the trade and settled positions are reconciled at all times
• Work alongside the Compliance Team to ensure all pre-trade due diligence and KYC internal checks are complete prior to trade settlements
• Keep the Asset Management Team informed of potential issues with trade settlements
• Resolution of long outstanding trades, take action to actively close
• Ensure that all queries both internal and external are responded to in a timely manner, seeking guidance where required
• Liaise with system vendors (IHS Markit) to provide solutions and resolve issues

Qualifications and Competencies
• A Master’s degree in Business Administration, Banking, Finance, Accounting or Economics.
• A minimum of 5-8 years of relevant professional experience and proven track record in Portfolio Administration in a Commercial / Development Banking or Financial Institution environment
• Working knowledge of WSO Web, WSO Administrator, iLevel, ClearPar, LMA and LSTA documentation and procedures
• Demonstrated analytical skills; strong working knowledge of fundamental financial/accounting/business concepts; and a strong, proactive interest in learning and mastering new concepts
• A self-starter with the ability to operate across numerous workstreams concurrently and manage the expectations of the various stakeholders
• Organized, able to work under pressure and within tight deadlines: Ability to prioritize and complete tasks while providing close attention to detail
• Ability to maintain professional approach towards clients internal and external, assisting as and when required
• Ability to work effectively independently as well as in a team
• Strong Microsoft Excel, Word and IT skills. Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools
• Excellent verbal and written communication skills in English. Knowledge of the Bank’s other working languages would be an added advantage.
Deadline: 23rd March 2022

Job Experience: No Requirements

Work Hours: 8

Level of Education: Postgraduate Degree

Job application procedure
Use the link(s) below to apply on company website.
• Portfolio Administrator 

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