Job Description
PLEASE NOTE:
* This role is not open to relocation. Only candidates who have residency and right to work in the Isle of Man can be considered.
* This role is a Fixed Term Contract
To implement and manage a range of complex Structured Corporate Loan transactions, within an asset class, with supervision, as intended by the loan agreement, in support of the IB business and Wholesale Clients
Qualifications
Minimum Qualification:
* First Degree in Business Commerce
Experience Required
* 3 - 4 years experience in Operations
* A track record adding value and delivering professional, client centric service to internal and /or external clients preferred
* Experience working within Transaction Management in Financial Services supporting the Investment Banking business, demonstrating relevant knowledge of Investment Banking Debt Products, the financial instruments managed by Wholesale Clients TMU and the ability to interpret related legal agreements.
Key Outputs
* Actively monitor, identify, resolve or escalate operational issues relating to the deal throughout the life of each live transaction and regularly communicate with stakeholders in order to maintain appropriate positions and efficient operations, ensure the transaction terms and conditions are adhered to by the client and / or third parties, provide a high-quality service, and mitigate operational risk.
* Consult stakeholders and provide relevant operational inputs and subject matter expertise regarding Structured Loan transaction operational requirements to cross-functional working groups, to ensure the effective operation of new product development and smooth activations.
* Create vanilla and / or complex transactions on ACBS based on the salient features from the legal agreement to create an accounting record, enable the ongoing administration, monitoring and management of the facility and to facilitate ongoing reporting requirements.
* Ensure all documentation for the assigned vanilla and / or complex transactions is stored appropriately internally, and housed on the DMS to enable transaction management and mitigate operational risk throughout the deal lifecycle.
* Ensure the transaction terms and conditions are in place post draw down, and provide context and insight of the transaction to various stakeholders to enable their work processes.
Additional Information
Behavioural Competencies
* Articulating Information
* Checking Things
* Establishing Rapport
* Examining Information
* Following Procedures
* Interacting with People
* Interpreting Data
* Managing Tasks
* Producing Output
* Pursuing Goals
* Taking Action
* Team Working
Technical Competencies
* Financial Accounting
* Financial Statement Analysis
* Legal Administration
* Risk Awareness
* Risk Identification
SBO