Client Account Manager - Banking Funds Finance - NELSON SCOTT RECRUITMENT SERVICES : Job Details

The Fund Finance Group (FFG) of this Global Banking Group ,who operates as a Product Office within the Bank, delivering tailored lending solutions to asset managers and their funds. Its primary objective is to drive "bundled" business , by complementing traditional lending with off-balance sheet, revenue generating services such as Fund Administration.

The team focuses primarily on Subscription Finance and select Net Asset Value (NAV) lending structures. Comprising of expatriates and locally hired staff, the department is diverse and well rounded. Team responsibilities range from credit analysis, deal structuring and negotiation with internal and external clients, legal documents review, portfolio monitoring, and the preparation and presentation of credit approvals.

The role is responsible for oversight of Fund Finance Group (FFG) business clients’ accounts, while ensuring accuracy, compliance and optimal performance. This includes managing financial transactions, preparing loans (Ringi) applications, analysing financial data and negotiating terms of business.

Key Responsibilities

Credit analysis and review

· Prepare credit papers and credit memoranda related to fund finance transactions, including -specific "ringi" loan applications, other credit papers and Internal Credit Rating documents ("ICRSO").

· Undertake investor analysis for a range of assigned accounts to identify credit and operational risks inherent in each transaction.

Monitoring

· Undertake portfolio monitoring such as checks on investors, covenants, facility fees, etc. Recording results of this monitoring in the various tracking databases/management sheets or investor listings.

· Look for warning signs that might indicate a credit issue, default, etc and escalate to fund finance management as quickly as possible.

· Update the loan monitoring database.

· Liaise with Loans Administration and/or the Client in relation to drawdown arrangements and ensure all details are accurate.

Client onboarding

· Preparation of compliance documentation relating to new customers/counterparties ("KYC") and preparation of OS documentation.

Credit administration

· reporting for Head Office, or other Branch departments relating to fund finance business, portfolio and profit status (including exposure and collateral reporting).

· Responding to requests for facility drawdown from clients, checking relevant BB and facility limits, prepare loan drawdown documentation and general liaison with agent, customer, colleagues and Loans Administration department.

· Degree level education is required. Finance, banking, mathematics or accounting discipline preferred but not essential.

Required Skills:

· Numerate degree with 2 to 5 years’ experience in UK Corporate banking or financial services with expertise in fund finance, credit analysis and administration or structured transactions.

· Prior experience in fund finance, corporate banking, structured finance or credit / loans analysis is essential

· Exposure to loan processing credit documentation or portfolio monitoring is essential

· Prior experience in fund finance, corporate banking, structured finance or credit administration is essential.

· Exposure to loan processing credit documentation or portfolio monitoring is essential.

The job holder is required to attend the office regularly with anticipated 2-3 days weekly office attendance. There is also plenty of opportunity to work from home, for which equipment will be supplied.