drjobs Client Services Associate, Agency and Trustee Services, L3.1

Client Services Associate, Agency and Trustee Services, L3.1

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1 Vacancy
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Job Location drjobs

London - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

KrollAgency&TrusteeServices(FKA LucidAgencyandTrusteeServices Ltd) was launched in 2017 and provides independentconflict-freethird-partyloanagencysecurityagencyandbondtrusteeservices.Servicingthe bond and loan markets Kroll has developed its strong reputation by providing proactiveand bespoke services toitsclients.Wecurrentlymanageover900loanandbondtransactions.

Due to rapid growth we are looking for talented individuals to join our Client Services team.

Client Services responsibilities include but are not limited to the following:

  • Ownership of a portfolio of loans and bonds from a BAU perspective

    • Documentation review for all BAU matters

    • Maintain and build on Borrower relationships. Actively call on clients to discuss service levels and opportunities

    • Represent creditors security interests

    • Act as a conduit between finance parties representing lenders

    • Track Obligor information undertakings circulate to creditors (deliverables)

    • Collaboratewithmanagementto bring ideas andsuggestions for best practice

  • Consents Waivers & Amendments

    • documentation review & negotiation of finance documents with counsel

    • creditor outreach & facilitate questions on the request

    • maintaining a creditor consent register and provide updates on consent threshold

    • executing amendment documentation and circulate to creditors

    • instruct OPS to implement amendments on internal operating platforms

  • Obligor accessions

    • documentation review & negotiation of finance documents with counsel

    • creditor outreach & facilitate questions on the request including KYC

    • monitor KYC sign off from creditors

    • Liase with KATS KYC team to onboard new obligors

    • Executing accession documentation and circulate to creditors

    • Take additional security where applicable

  • Creditor Accessions

    • Review and execution of accession documentation (usually scheduled to ICA)

  • Prepayments / repayments

    • Review and execution of release documentation and pay-off letters

    • Coordinate to finalise pay-off amounts

  • Process accordions upsizes & incremental facilities

    • documentation review & negotiation of finance documents with counsel

    • monitor CPs

    • coordinate KYC requirements for new Borrowers / lenders

    • coordinate closing / funding for drawdown

  • Check payment files and release funds for BAU drawdowns and full repayments

  • Security / collateral

    • Hold security over borrower / obligor assets for benefit of the creditors

    • Facilitate taking new security and releasing existing security

      • Review and execution of security documents

Attributesrequired:

  • Knowledgeofcurrentloanmarketpractices

  • Strongteamplayerwithexcellentcommunicationskills.

  • Ability toworkunderpressure andmulti-task.

  • Strongattentionto detailwithariskaware mindset.

  • Wellorganisedandableto prioritisetasks.

  • Availabletowork extendedhoursasthebusinessdictates.

#LI-TM1

#LI-Hybrid




Required Experience:

IC

Employment Type

Full Time

Company Industry

About Company

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