Loan Closer

3 weeks ago


London, United Kingdom SS&C Full time

SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.

**Job Description**:
SS&C Technologies, Inc. provides mission-critical software and software-enabled services for the global financial services industry. SS&C was founded in 1986 by William C. Stone and went public in 1996. SS&C employs a disciplined and highly focused acquisition strategy to increase the breadth and depth of its product and service offerings and capitalize on evolving market opportunities. Since 1995, SS&C has acquired 46 businesses with products, services and/or technologies in existing or complementary vertical markets.

SS&C has more than 8,200 employees worldwide. Our head office is located in Windsor, Connecticut with offices throughout North America, Europe, Asia Pacific and Australia. SS&C provides the global financial services industry with a broad range of highly specialized software, software enabled-services and software as a service (SaaS) solutions for operational excellence. We deliver mission-critical processing for information management, analysis, trading, accounting, reporting and compliance. Our clients manage, in aggregate, over $44 trillion in assets and choose SS&C as their preferred vendor for our expertise.

SS&C acquired GlobeOp in 2012, Advent Software in 2015, Citi Alternative Investor Services in 2016 and Wells Fargo Global Fund Services in 2016. SS&C is the leading independent provider of cloud-based fund administration services and software for the alternative investment industry, including hedge funds, fund of funds, private equity funds and managed accounts.

Department Overview

The Loans Operations team at SS&C is a growing department that offers loans expertise and support to its varied client base. The team is responsible for providing daily loan operational support, end to end, from trade capture, trade closing, relationship management, through to supervision of loan servicing and loan lifecycle events. SS&C GlobeOp clients are engaged in a variety of investment products, including direct lending, syndicated loans, infrastructure loans and CLO’s with a heavy focus on the trading of primary and secondary syndicated loans.

Position Overview

They will also have extensive interaction with trustees /custodians / administrators/agents together with the India and Ireland based loan servicing group and other SS&C GlobOp departments.

**Responsibilities**:

- Perform the settlement function, closing primary and secondary loan trades, including review and completion of all funding memos and settlement documentation. Communication of same to all relevant settlement contacts, externally and internally.
- Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, administrators, custodians, trustees and other SS&C GlobeOp departments relative to loan settlements and the on-going maintenance of the clients positions.
- Development and maintenance of smooth and harmonious SS&C GlobeOp client relationships.
- Development and maintenance of internal SS&C GlobeOp team and department relationships.
- Investigation and resolution of closing and transactional breaks/issues in a timely manner.
- Participation in the daily/weekly preparation and review of trade status and risk reports provided to our clients and senior managers.
- Oversight of loan servicing through weekly checks and daily interaction where applicable.

Experience, Skills & Qualifications
- Bachelors degree in Finance or related discipline is a plus.
- Financial services industry experience in Loan Closing/Operations working for a bank, hedge fund, administrator, or prime broker.
- Understanding of loans including trade closing mechanics and economics, LMA/ LSTA market settlement conventions, Credit Agreements and their operational mechanics (i.e. funds flows, ticking fees, paydowns, drawdowns, Affiliate language etc.)
- Knowledge of ClearPar, WSO, and Advent Geneva experience a plus.
- Strong written and verbal communication skills.
- Proven ability to work under pressure and meet deadlines.
- Solid client relationship management skills.
- Proven ability to work within a team environment in a productive and supportive manner.

SS&C Technologies/ SS&C Financial Services is an Equal Opportunity Employer and as such does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by appli


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