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.Kroll 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. This is a senior position where you will be heavily involved in the closing of new deals, amendments, restructurings, assist with the running of BAU for KATS Operations team and all its functions to include (for loan and non-loan transactions):DefinitionsKATS – Kroll Agency and Trustee Services LtdLIQ – LoanIQ (Kroll’s current system of record)Connexis – BNP Paribas’ electronic banking platformDeal Closing ResponsibilitiesCollaborate with the Closing Transaction Manager to review loan agreements, utilization requests, and all supporting documentation from an operations perspective, providing comments and recommending required amendmentsAct as the primary operational liaison with external stakeholders, including legal counsel, lenders, borrowers, and borrower’s advisorsIdentify and escalate any document-specific nuances or issues to team leader/senior management for further guidanceSet up new deal and facilities in LIQ once all documentation has been finalized and executedReview, understand, and accurately follow funds‑flow mechanics for new deal closingsConduct call‑backs to verify closing payments and prepare manual payment files for transactions funded through KROLLPre-advise the lenders with regards to MT103/PACS 008 instructions and readiness to fund prior to the closing or funding dateCoordinate with all lenders on the day of closing/funding, maintaining clear and timely communication regarding the status of funds into the KROLL accountEnsure all closing payments are uploaded and prepared for release within ConnexisLiaise with BNP to obtain SWIFT copies and resolve any issues related to incoming or outgoing fundsHandover of deals to the loans servicing desk after the deal has been successfully closedNew 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 LIQ in accordance with ADFEnsure lender and borrower SSIs are entered into Connexis Recording new transactions in Kroll’s diary systemEnsure lender details are entered in Debt Domain platform by liaising with relevant team in BangaloreManaging initial drawdown of loan facilities – liaise with Transaction 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 Transaction 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 systemManaging 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 paymentsManaging 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 paymentsOther 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 proceduresTake an active role in building, mentoring and managing operations team as it growsMonitoring and responding to Borrower, Lender, Counsel and Sponsor queries in a timely manner.#LI-DNI