Associate, Client Service II

3 weeks ago


Manchester, United Kingdom THE BANK OF NEW YORK MELLON CORPORATION Full time
Job Title: Associate, Client Service II

At THE BANK OF NEW YORK MELLON CORPORATION, we're seeking a highly skilled and motivated individual to join our Corporate Trust team as an Associate, Client Service II. This role is located in Manchester, UK and will be working in a hybrid capacity.

About the Role:

The Associate, Client Service II will be responsible for the management of a portfolio of loans in which BNY acts as facility agent and/or security trustee. This includes:

  • Day-to-day oversight of assigned portfolios to ensure high client experience levels
  • Preparing and distributing notices to clients and syndicate lenders as required by the Credit Facility
  • Calculating interest rates for each accrual period and distributing rate set notices
  • Tracking and paying multiple lenders in a single interest period, removing Lender of Record claims
  • Billing and collecting principal, interest, and fee payments from clients and distributing funds collected to syndicate lenders
  • Collecting financial statements and compliance requirements from clients as required by the Credit Facility and forwarding such information to each syndicate lender
  • Processing lender assignments and maintaining the official lender register
  • Supporting official Alternative Reference Rates in accordance with published conventions
  • Employee development: Key role in supporting the training of new team members
  • Developing strong working relationships with front office relationship managers
Requirements:

To be successful in this role, we're seeking individuals with:

  • Experience in Corporate Trust or related fields in the 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, bilateral, real estate) is highly desirable
  • Solid understanding of the product(s) administered by the group and thorough understanding of risk management and control practices
  • Ability to proactively monitor and manage activities performed within our business partners outside of Ireland
  • Strong financial services technical skills, including LoanIQ, agency, and loan closing experience
  • Excellent analytical, organizational, and time management skills with the ability to meet tight deadlines
About Us:

At THE BANK OF NEW YORK MELLON CORPORATION, our culture empowers you to grow and succeed. We're a leading global financial services company at the center of the world's financial system, touching nearly % of the world's investible assets. Our 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 offer 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



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