This job is with Kroll, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.SummaryKroll Agency and Trustee Services Ltd (KATS), provides conflict-free, flexible, and highly efficient administrative and trustee services to the global loan and bond markets. As a leading independent service provider, we specialize in the administration of privately placed notes, restructuring situations, syndicated, bi-lateral and private credit transactions. Our team of industry leading experts coupled with our high touch service, speed of execution and 24/7 responsiveness sets us apart from other providers. Senior position where you will be heavily involved in the day to running of KATS Operations team and all its functions to include (for loan and non-loan transactions):Definitions KATS – Kroll Agency and Trustee Services LtdLIQ – LoanIQ (Kroll’s current system of record)Connexis – BNP Paribas’ electronic banking platformSenior position where you will be heavily involved in the day to running of KATS Operations team and all its functions to include (for loan and non-loan transactions):New deal set-up – taking responsibility for inputting and setting up new transactions in LIQ in accordance with facility agreements and Kroll’s procedures. This is to include:Recording loan / facility details in LIQPerforming call backs to verify Lender and Borrower admin forms and entering them in LIQEntering loan party information in LIQEntering lender and borrower SSIs into Connexis Recording new transactions in Kroll’s diary systemEntering lender details in Debt Domain platform Managing initial drawdown of loan facilities – liaise with the relationship management team to co-ordinate and implement operational aspects of initial loan draws in accordance with facility agreements and KATS procedures. This will include:Checking utilisation requests from borrowersIssuing demand notices to lenders for initial drawdown*Notifying BNP Paribas of upcoming drawdownMonitoring receipt of lender funds to Kroll client accountsConfirming release of funds with lenders (obtaining swift messages)Following up with BNP Paribas to trace missing lender funds and following up with the lenders where requiredCreating a payment file(s) for the borrower payment (plus any other remittances required under the funds flow) in Connexis for release of funds by the relationship management teamNotifying relationship management team that funds have been received, remittances have been created and are ready to be releasedReconciling Kroll client accounts upon release of paymentsRate fixing of loan on drawdown in accordance with agreementsUpdating LIQ with new interest period and interest rateCompiling and sending rate-fixing notices to lendersDiarising next rollover / interest payment date in KATS diary system Managing loan rollovers and other scheduled deal activity – ensure completion of scheduled agency activity in accordance with facility agreements and KATS procedures. This will include:Monitoring KATS diary system to ensure upcoming rollovers / scheduled deal activity is actionedCalculating amounts of interest and principal due to the lendersCalculating fees due to the lendersCompiling and sending demand notices to the borrower requesting payment of scheduled interest, fees and principal due under the agreementCreating payment files for payment of interest, fees and principal due to the lendersRate fixing for new interest period (in conjunction with the borrower)Compiling and sending new rate fix notices to lenders and borrowersNotify BNP Paribas of upcoming rollover activity on the accountMonitoring receipt of interest, fees and principal payments to Kroll’s client accountsAdvising relationship management team of receipt of borrower payments to Kroll’s client accountsDiarising for next rollover / interest payment datesIf borrower funds not received, following up with borrower and advise relationship management teamReconciling Kroll’s client accounts upon release of payments Managing ad-hoc / unscheduled payments of principal – liaising with relationship management team to administer unscheduled payments of loan principal and accrued interest in accordance with facility agreements and KATS’s procedures. This is to include:Receiving and processing borrower notices of repayment / prepaymentCalculating lender pro rata share of principal, accrued interest, breakage costs and fees and issuing notices to demand the same from the borrowerIssuing lender notices to confirm upcoming repayment / prepaymentCreating payment files in Connexis for each lender share of repayment / prepaymentAdvising BNP Paribas of upcoming account activityMonitoring receipt of funds to Kroll’s client accountsNotifying relationship management team of receipt of funds into Kroll’s client accountsIf borrower funds not received, following up with borrower and advise relationship management teamUpdating LIQ with details of repayment and prepayment and issuing lender / borrower notices accordinglyReconciling Kroll’s client accounts upon release of payments Other ad-hoc tasks and duties – undertake other ad-hoc tasks and duties as and when the need arises to include: Taking responsibility for the administration of non-loan transactions as and when the need arisesTax reporting as and when required under a transactionWriting and monitoring proceduresBuilding, mentoring and managing operations team as it growsTaking responsibility for operations’ team risk monitoring and implementing controlsMonitoring and responding to Borrower, Lender, Counsel and Sponsor queries #LI-TM1#LI-Hybrid