Senior Manager - IO - Alternative Asset Operations(Syndicate Loan)
M&G
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc’s ambition to be the best loved and most successful savings and investments company in the world.
Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
The key responsibilities of this position are to work within a team which is responsible for the processing, instructing, settlement and on-going monitoring of Leveraged Loans and Private Debt transactions. The individual will be responsible for overseeing
To initiate, check and release all payments relating to trade settlement for loan and private asset transactions
Where necessary ensure that any new Standard Settlement Instructions are set up within systems so that payments can be made on time.
To undertake Cash, Stock and Data reconciliations between Custodians, TPA’s, Aladdin and WSO
To ensure that all trade related Invoices are paid within designated timescales.
Proactive in identifying and implementing process improvements Confidential
Escalation & communication of errors & resolution.
Adherence to risk frameworks (RCSAs) ensuring appropriate process and procedures are in place and adhered to by all team members
Practical & technical knowledge of work, processes, and maintaining ability to carry out work in cases of crisis management and disaster recovery
Working closely with the Head of AAO and Management and Senior Leaders to provide ongoing improvement of the daily functions.
To respond to both Internal and External queries in a timely manner.
Maintenance of internal Alternative Asset Operations systems and assisting in the further development of said systems
Daily liaisons with the Alt Asset Ops (London) to address and resolve problems with underlying assets.
Build relationships with agents, counterparts, Alt Asset Ops (London) and the relevant Front Office teams
Additional Responsibilities :
Payments knowledge (swift)
Ability to work to strict deadlines.
Forward thinking and driven.
Previous Managerial or Supervisory experience
An open/effective communication style.
Excellent planning and organising skills.
Excellent IT Skills of Microsoft Office, in particular Microsoft Excel.
The ability to work under pressure from both internal and external clients.
Must be able to “hit the ground running” in a high pressured environment.
The ability and willingness to put in added time and effort in times of busy periods. Desirable but not essential
Managerial Expertise:
Will be managing a team of 10+ employees which a mix of Managers or Investments Analyst
Oversee the production of regular Loan Syndication activities and reports, ensuring accuracy and adherence to guidelines
People Management and conflict management will be key essential part of the role
Stakeholder Management
Strong drive and delivery, committed to achieving results and delivering on time
Strong analytical thinking and a critical evaluator of information/issues
End to end ownership of the processes and issue resolution
Knowledge & Skills (Must Have) :
Domain Expertise:
• Will be a process expert and own the operational delivery of the sub function
• Through understanding of Investment Business is mandatory
• Working expertise on multiple asset classes like Equity, Fixed Income, Derivative, Structure Products, Pvt Assets, Real Estate investments, etc..
• Experience using BlackRock Aladdin is a significant plus
Technical Expertise:
• Relevant technical certification on SQL and VB Script language
• Through understanding of Bloomberg/ Reuters application usage
• Microsoft Office (Excel, Word, PowerPoint etc) skills
• Microsoft Power BI Apps
Magnitude of Impact:
• Strong drive and delivery, committed to achieving results and delivering on time
• Strong analytical thinking and a critical evaluator of information/issues
• End to end ownership of the processes and issue resolution
Knowledge & Skills (Additional) :
• Knowledge of security classification data, experience using Bloomberg, Reuters etc.
• Understanding of UK and European regulatory frameworks that impact investment guideline monitoring and UCITS/AIFM/NURS/COLL rules
• Excellent written and oral communication and analytical skills
• Ability to operate remotely, in a diverse and multi-cultural environment with international work or consultancy exposure
• Curious and continually looking to seek out improvements and not just accepting the status quo
We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.