Senior Associate, Loans CLO and Funds

4 weeks ago


Manchester, United Kingdom BNY Full time
Senior Associate, Loans CLO and Funds

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Senior Associate to join our Corporate Trust, Client Service team. This role is located in Manchester, UK and will be working in a hybrid capacity (3 days a week in the office).

In this role, you'll make an impact in the following ways:
  • Day to day oversight of the assigned portfolios to ensure high Client Experience Levels and support multiple, complex client accounts.
  • Transaction Management: - Cash & Trade (Loans, Bonds etc) Management Oversight - ability to engage with Clients to ensure timely execution, Report Review and preparation on Portfolio's Performance, Monitoring of Service Level
  • Work with external clients to resolve complex day-to-day issues and direct them to appropriate resources at BNY. The one of primary responsibility is the management of a portfolio of loans in which BNY act as facility agent and/or security trustee. The Senior Associate will quickly address and resolve problems, possess strong decision-making and organizational skills.
  • Collaboration: Continuous dialogue and open communication with Lead Manager and Group Manager on status of work being completed by supporting teams
  • Leads and participates in internal activities and initiatives designed to improve the client experience. Helps develop process improvements.
  • Preparing and distributing notices to Client and each syndicate lender as required by the Credit Facility, including Reminders, Rollovers & Rate sets
  • Calculating interest rates for each accrual period and distributing rate set notices
  • Track and pay multiple lenders in a single interest period removing Lender of Record claims
  • Billing and collecting principal, interest, and fee payments from Client. Distributing all funds collected to the syndicate lenders
  • Collecting of financial statements and compliance requirements from Client as required by the Credit Facility, forwarding such information to each syndicate lender in accordance with the Credit Facility
  • Processing lender assignments and maintaining the official lender register
  • Full capability to support official Alternative Reference Rates in accordance with published conventions
  • Employee Development: Key role in training of support team on Client and deal specific requirements
  • Develop strong working relationships with Front Office Relationship Managers
  • Identify and resolve issues while serving as a high-level escalation point for complex situations and ensure that they are brought to a successful resolution
  • Resolves complex or non-routine client issues or inquires, as needed.
  • Central point of contact for business development and assume client onboarding and/or risk management responsibilities
To be successful in this role, we're seeking the following:
  • Experience in Corporate Trust or related in financial markets/securities industry (with specific experience in the role of facility/security agent)
  • Strong Client Management Experience and Ability to review deal governing documents
  • Experience in Loans (syndicated, bi-lateral, real estate) very desirable
  • Solid understanding of the product(s) administered by the group and thorough understanding of risk management and control practices.
  • To proactively monitor and manage the activities performed within our business partners outside of Ireland
  • Effective interpersonal, oral and written communication skills
  • Excellent analytical, organisational and time management skills with the ability to meet tight deadlines
  • Problem solving skills, judgement, and experience to analyze information
  • Proficiency in using Microsoft packages particularly Excel
At BNY, our culture speaks for itself. Here's a few of our awards:
  • America's Most Innovative Companies, Fortune, 2024
  • World's Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
  • Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023-2024
  • Most Just Companies", Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.


  • Manchester, United Kingdom Bny Full time

    Job Description Senior Associate, Loans CLO and Funds At BNY, our culture empowers you to grow and succeed.As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets.Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to...


  • Manchester, United Kingdom Bny Full time

    Senior Associate, Loans CLO and Funds At BNY, our culture empowers you to grow and succeed.As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets.Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions...


  • Manchester, United Kingdom BNY Full time

    Job Description Senior Associate, Loans CLO and FundsAt BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to...


  • Manchester, United Kingdom Bny Full time

    Job Description Associate, Client Service II At BNY, our culture empowers you to grow and succeed.As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets.Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create...


  • Manchester, United Kingdom Bny Full time

    Associate, Client Service II At BNY, our culture empowers you to grow and succeed.As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets.Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our...


  • Manchester, United Kingdom BNY Full time

    Associate, Client Service II At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our...


  • Manchester, United Kingdom BNY Full time

    Job Description Associate, Client Service II At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create...


  • Manchester, United Kingdom BNY Full time

    Job Description Associate, Client Service II At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create...


  • Manchester, United Kingdom S&P Global, Inc. Full time

    About this OpportunityWe are seeking a highly motivated and experienced Compliance Services Lead to join our EMEA Compliance Services group. As a key member of the team, you will be responsible for leading a team of associates and overseeing designated client funds.You will have a strong focus on ensuring that cash collection, payment, and reserve accounts...


  • Manchester, United Kingdom S&P Global, Inc. Full time

    About the JobS&P Global's EMEA Compliance Services group seeks an experienced Compliance Services Lead to support the growth of the platform. As a key member of the team, you will be responsible for leading a team of associates and overseeing designated client funds.Your primary focus will be on ensuring that cash collection, payment, and reserve accounts...


  • Manchester, United Kingdom The Growth Company Full time

    About the RoleWe are seeking a highly skilled Senior Business Development Loan Specialist to join our team at The Growth Company.The successful candidate will work closely with start-up businesses in the UK, helping entrepreneurs achieve self-employment and secure funding through the Start-up Loans scheme.Key responsibilities include reviewing business plans...


  • Manchester, United Kingdom BNY Mellon Full time

    We are seeking a Fund Manager Associate at BNY Mellon in Manchester, UK, to contribute to the success of our Fund/Client Accounting team. As a member of this dynamic team, you will work closely with experienced professionals to drive business growth and excellence.Responsibilities:Collaborate with senior colleagues to develop and implement strategies for...


  • Manchester, United Kingdom S&P Global, Inc. Full time

    About the RoleThe Compliance Services Lead role is a critical position within S&P Global's EMEA Compliance Services group, responsible for overseeing designated client funds covered by the outsourcing platform. The successful candidate will lead a team of associates and report directly to the EMEA Compliance Services Lead.Key responsibilities include...


  • Manchester, United Kingdom BNY Full time

    Senior Associate, Loans Enablement Platform Product Owner At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table...


  • Manchester, United Kingdom BNY Full time

    Job Description Senior Associate, Loans Enablement Platform Product Owner At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their...


  • Manchester, United Kingdom Sacco Mann Full time

    About the RoleWe are seeking a highly skilled Banking Senior Associate to join our team in Manchester on a 12 month fixed term contract.The ideal candidate will have at least 6+ years PQE within Banking, with a focus on venture debt and growth finance.Key ResponsibilitiesAdvise global investment banks, international and domestic banks, asset managers,...


  • Manchester, United Kingdom Fintelligent Search Full time

    Job Title: Senior Loan Assessment SpecialistWe are recruiting for a highly skilled Senior Loan Assessment Specialist to join our team at Fintelligent Search in Manchester. The successful candidate will have experience in underwriting bridging loans and be familiar with UK regulations.Key Responsibilities:To assess and approve bridging loan applications...


  • Manchester, United Kingdom BNY Full time

    Transform Your Career as a Senior Loan Product StrategistWe are seeking an experienced and results-driven individual to join our team as a Senior Loan Product Strategist. In this role, you will be responsible for developing and executing strategic plans for loan products, working closely with cross-functional teams to drive business growth.About the...


  • Manchester, United Kingdom CV-Library Full time

    An exciting opportunity for a highly skilled and driven Senior Associate Fire Engineer with a diverse background in Fire Safety, Expert Witness, Building Safety and Business Development to join a dynamic, forward-thinking multidisciplinary property consultancy, based out of one of their UK offices. The Role: Senior Associate Fire Engineer As the right-hand...


  • Manchester, United Kingdom Penguin Recruitment Full time

    Town Planning Consultants: Senior / Principal / Associate Manchester Penguin Recruitment is pleased to be supporting one of the world's leading multi-disciplinary consultancy firms in their hire of a talented and ambitious Planning Consultant at Senior / Principal / Associate level to support and further broaden their successful team of Planning and...