Senior Associate

Key Responsibilities

Able to manage an assigned portfolio of loans, ensuring the smooth operations of the loan life cycle by interpreting loan documents and overseeing deadlines.

Baseline knowledge or equivalent expertise in loan servicing instruments (Term loan, Revolving loans, PIKs, Drawdown, loan restructures).

Facilitates communication with internal and external stakeholders, addressing conflicts and queries related to loan servicing.

Expertise in understanding different types of capital commitments, Investor calls and distributions notices.

The team is also involved in various aspects of recording and maintaining all middle and operation roles of loan cycle included trade support, trade documentation.

Understanding over fund agreements (Offering memorandum, Valuations statements, Side letters).

Preparing and review fund level financial statements including consolidated balance sheets, statements of partners’ capital, income statement, Investments.)

Carry out relatively high-level review over transactions surrounding PE fund such as Capital calls, distributions, carried interest calculations etc.

Daily IBOR Maintenance, Monthly Cash and Position Reconciliation to third Party Administrator and Quarterly Fair Value Processing.

Preparations of quarterly unaudited financial statements and statements of partners’ capital.

Calculation and Analysis of monthly / quarterly net asset value (NAV) of the fund and run waterfall model.

Preparation of capital call and distribution allocations upon client directives and generation of these notices (ILPA) to Investors.

Understanding on treatment of drawdowns, repayments, interest accruals, commitment fees, and review of instruments such as Term Loans, Delayed Draws, and Revolvers.

Reading the loan agreements setting up loan securities in the accounting tool IBOR and processing Borrow, Drawdown, loan Payment and Interest transactions.

Key Metrics

Good conceptual and practical knowledge of fund accounting and NAV calculations for Private Debt and Private Equity Funds

Ensuring scheduled work is completed by agreed deadlines and checklist are duly signed.