Junior Transaction Manager (Loans)
Location: Singapore
Salary: Competitive
Classification: Full-Time
About GLAS
GLAS is an award-winning independent debt administration services company providing, amongst other services, loan agency, security agency and corporate trustee services in the international debt capital markets.
With its origins in acting in complex restructuring transactions, GLAS' work covers a broad range of transactions ranging from direct lending with banks and debt funds to high yield bond issuances and complex debt restructurings. GLAS' services are delivered in connection with corporate debt, acquisition finance, project and infrastructure finance and sponsor and corporate-led leveraged finance transactions.
The business currently comprises more than 550 professionals servicing over 7000 transactions across its global platform. GLAS currently has offices in London, Sydney, New York, New Jersey, Brisbane, Melbourne, Paris, Frankfurt, Madrid, Rome, Milan, Dubai, Hong Kong and Singapore.
An opportunity has arisen to join this growing and dynamic firm to support and develop GLAS’s growing business in Asia.
Position Summary
We seek a confident, flexible and self-motivated individual to support our expanding Asia team, based in our Singapore office.
You will initially be responsible for the ongoing management of a portfolio of up to 45 of our less complex loan transactions, working closely with more senior team members. As your familiarity with various transaction types increases, the structure of your portfolio will evolve until you are ready for promotion to the role of Transaction Manager.
Responsibilities
- Responsible for the ongoing management of a portfolio of loan-related transactions.
- Ensuring efficient completion of GLAS’s KYC processes for relevant parties, in conjunction with GLAS’s Due Diligence team.
- Ongoing review of loan and security related transaction documents.
- Covenant monitoring through the collection and analysis of financial statements and information, with immediate distribution and posting of required documentation to the lender group.
- Facilitating deal amendments and handling the collection of lender votes within required timeframes.
- Facilitating obligor accessions.
- Ensuring timely updates of relevant GLAS internal systems and databases.
- Shadowing senior team members on more complex transactions.
- Responding promptly to queries and requests from transaction counterparties, providing exceptional customer service.
- Establishing and maintaining key relationships with clients and other market participants, developing the GLAS reputation in the Asia market.
- Attendance at client meetings and industry conferences to assist with GLAS marketing and sales strategies.
- Adhering to all relevant GLAS policies and procedures.
- Actively participating and engaging in team and company projects.
- Collaborating consultatively with other team members on projects as assigned.
Experience and Qualifications
- At least 1-2 years’ experience in a loan management role for a bank or other trustee service provider.
- High level of professionalism and discretion.
- Highly organised with a “can do” attitude.
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and general office software.
- Exceptional interpersonal and communication skills (both oral and written).
- Strong attention to detail and ability to work to tight deadlines
- Educated to at least degree level (ideally in law or finance).
Benefits
- Competitive base salary plus discretionary annual bonus
- Paid annual leave plus Singapore public holidays
- Long service award
- Career development and study support available
- Private medical insurance
It’s our people who make GLAS successful and we strive to recruit and retain the best people and operate in an environment underpinned by inclusivity, diversity, and opportunity. We recognise that a more inclusive workplace allows ideas and a variety of points of view to trigger discussions or deliver innovative results.
We want people at GLAS to be successful - we are committed in your career development. We truly believe in and live by our values of stepping in, stepping up and standing out.
In addition to our commitment to a diverse workforce we are also happy to talk about flexible working to support work life balance.
Skills Required
- At least 1–2 years of experience in a loan management role for a bank or trustee service provider
- High level of professionalism and discretion
- Highly organized with a can-do attitude
- Proficiency in Microsoft Office Suite, including Word, Excel, and Outlook, and general office software
- Exceptional oral and written interpersonal and communication skills
- Strong attention to detail and ability to work to tight deadlines
- Degree-level education
- Degree in law or finance
What We Do
GLAS was established in 2011 as an independent provider of financial administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action without causing delays and generating large legal bills. Our experienced team of market professionals and the close involvement of management personnel allows us to smooth the progress of your transaction. Today, GLAS are recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, focused on providing streamlined solutions to complex transactions with the ability to work on deals which may be in distress, pre- or post-restructuring or unusual in nature. Our Mission Our mission is to always strive to deliver professional expertise to our clients and their stakeholders so that they can achieve successful outcomes on their transactions. We will provide this through collaborative teamworking and delivery of solution based, innovative services. This will make GLAS their preferred go-to global partner of agency and trustee services. GLAS and its subsidiaries operate on one global platform with teams based in London, Manchester, Paris, Frankfurt, New York, New Jersey, Sydney, Brisbane and Singapore, ensuring 24/7 support. GLAS is a proud award winner of the ALT Credit European Services awards in 2016, 2017, 2018, 2019, 2020 and 2021.
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