Senior Associate – Loan Agency Analyst
About the role
Our Toronto office invites applicants for the position of: Senior Associate – Loan Agency Analyst
Harmonic is one of the largest independent fund administrators, delivering a range of services and technology to private debt, hedge funds, fund of funds, private equity funds, private banks, pension funds and family offices. With our experienced professionals and technology, we support a dynamic and complex industry characterized by new financial products, trading strategies and capital markets. Harmonic is service oriented and technology intensive providing comprehensive services and software that include operations outsourcing, custom development and technology for global investment managers.
Job Summary Join Harmonic’s innovative and growing team as a Senior Associate – Loan Agency Analyst. This role offers a unique opportunity to help shape our newly formed loan agency business while driving exceptional client service and operational excellence.
This new role will help to build a sustainable and growing loan agency offering and take responsibility for driving exceptional client service and building long-lasting client relationships. Other responsibilities will include new business integration, process improvement and providing guidance on system enhancements and meeting tight reporting deadlines.
Essential Functions / General Responsibilities
- Assist with the onboarding of new loan agency activity, including liaising with borrowers, lenders, their advisors, counsel, and internal parties to ensure the smooth intake of new transactions.
- Review loan documentation at the point of on boarding and for the duration of the loan lifecycle.
- Maintain a portfolio of credit deals, proactively managing loan lifecycle events and covenant tracking.
- Review, monitor and record all waiver and amendment communication between borrowers and lenders.
- For syndicated facilities, co-ordinate with the lead lender to manage/oversee the syndication closing.
- Be comfortable with treasury aspects of the loan lifecycle, including loan settlements, wire generation and release, and cash reconciliations.
- Responsible for operational oversight and ensuring industry standard best practice operational processes.
- Work closely with onboarding and new businesses teams to coordinate the on-boarding of new clients.
- Oversees the daily performance of loan agency processes to satisfactory completion of the daily operational cycle.
- Committed to process improvement, client service, control, and identifying any opportunities to implement process improvements, service enhancements, or technology enhancements.
- Provides in-depth and sophisticated analysis to define problems and develop solutions, mostly but not limited to, loan agency.
Job Qualifications
- A university graduate with a bachelor’s degree in finance, mathematics, IT or Engineering
- At least 2-3 years of experience working in a similar role
- Experience in reviewing and/or negotiating credit documentation.
Technical Requirements
- Basic working knowledge of all Windows applications
- Excel – Intermediate
- Experience with portfolio management and analytics systems
Knowledge, Skills & Abilities Required
- Technical knowledge of alternative investment products, operations and the offshore financial services industry including systems technology, valuation, some accounting, prime brokerage, financing and custody preferred
- Have strong organizational abilities and can work within a fast-paced environment
- Experience in relationship management and client service
- Self-driven problem solving attitude and a strong work ethic
- Demonstrate a keen attention to detail – be a strategic thinker and highly analytical
- Excellent time management, planning, organizational and prioritization skills
- Strong communication skills, both verbal and written with an innate ability to channel different points of view
- Keen to work in a sociable and people facing environment
- Demonstrate high moral and ethical behavior
About Harmonic Fund Services
Harmonic is an independent financial services firm specializing in the global alternative investments industry.
We began with a vision of independent, non-conflicted fund services which would be client and investor driven. We embraced technology and paid particular attention to creating an institutional infrastructure while avoiding the pitfalls of a commoditized service sometimes accompanied with size.
Harmonic attracts service-oriented professionals who are motivated, technically savvy, innovative, and thrive in a collegial environment. We foster a culture of performance and specialization, while our flat, cross-functional hierarchy promotes internal and external collaboration.
Our software platform, FM3, serves client needs by delivering unconstrained flexibility and possibility. It was built to support the range of services we offer and provides a unified front to back office platform for asset managers. Developers are embedded in our production environment and are integral to our client relationships. With our unique approach, we accept engagements with challenges that others may be unwilling or unable to undertake.
Harmonic is one of the largest independent fund administrators, delivering a range of services and technology to hedge funds, fund of funds, private equity funds, private banks, pension funds and family offices. With our experienced professionals and technology, we support a dynamic and complex industry characterized by new financial products, trading strategies and markets, shifting investor demographics, and an ever evolving regulatory landscape.
Senior Associate – Loan Agency Analyst
About the role
Our Toronto office invites applicants for the position of: Senior Associate – Loan Agency Analyst
Harmonic is one of the largest independent fund administrators, delivering a range of services and technology to private debt, hedge funds, fund of funds, private equity funds, private banks, pension funds and family offices. With our experienced professionals and technology, we support a dynamic and complex industry characterized by new financial products, trading strategies and capital markets. Harmonic is service oriented and technology intensive providing comprehensive services and software that include operations outsourcing, custom development and technology for global investment managers.
Job Summary Join Harmonic’s innovative and growing team as a Senior Associate – Loan Agency Analyst. This role offers a unique opportunity to help shape our newly formed loan agency business while driving exceptional client service and operational excellence.
This new role will help to build a sustainable and growing loan agency offering and take responsibility for driving exceptional client service and building long-lasting client relationships. Other responsibilities will include new business integration, process improvement and providing guidance on system enhancements and meeting tight reporting deadlines.
Essential Functions / General Responsibilities
- Assist with the onboarding of new loan agency activity, including liaising with borrowers, lenders, their advisors, counsel, and internal parties to ensure the smooth intake of new transactions.
- Review loan documentation at the point of on boarding and for the duration of the loan lifecycle.
- Maintain a portfolio of credit deals, proactively managing loan lifecycle events and covenant tracking.
- Review, monitor and record all waiver and amendment communication between borrowers and lenders.
- For syndicated facilities, co-ordinate with the lead lender to manage/oversee the syndication closing.
- Be comfortable with treasury aspects of the loan lifecycle, including loan settlements, wire generation and release, and cash reconciliations.
- Responsible for operational oversight and ensuring industry standard best practice operational processes.
- Work closely with onboarding and new businesses teams to coordinate the on-boarding of new clients.
- Oversees the daily performance of loan agency processes to satisfactory completion of the daily operational cycle.
- Committed to process improvement, client service, control, and identifying any opportunities to implement process improvements, service enhancements, or technology enhancements.
- Provides in-depth and sophisticated analysis to define problems and develop solutions, mostly but not limited to, loan agency.
Job Qualifications
- A university graduate with a bachelor’s degree in finance, mathematics, IT or Engineering
- At least 2-3 years of experience working in a similar role
- Experience in reviewing and/or negotiating credit documentation.
Technical Requirements
- Basic working knowledge of all Windows applications
- Excel – Intermediate
- Experience with portfolio management and analytics systems
Knowledge, Skills & Abilities Required
- Technical knowledge of alternative investment products, operations and the offshore financial services industry including systems technology, valuation, some accounting, prime brokerage, financing and custody preferred
- Have strong organizational abilities and can work within a fast-paced environment
- Experience in relationship management and client service
- Self-driven problem solving attitude and a strong work ethic
- Demonstrate a keen attention to detail – be a strategic thinker and highly analytical
- Excellent time management, planning, organizational and prioritization skills
- Strong communication skills, both verbal and written with an innate ability to channel different points of view
- Keen to work in a sociable and people facing environment
- Demonstrate high moral and ethical behavior
About Harmonic Fund Services
Harmonic is an independent financial services firm specializing in the global alternative investments industry.
We began with a vision of independent, non-conflicted fund services which would be client and investor driven. We embraced technology and paid particular attention to creating an institutional infrastructure while avoiding the pitfalls of a commoditized service sometimes accompanied with size.
Harmonic attracts service-oriented professionals who are motivated, technically savvy, innovative, and thrive in a collegial environment. We foster a culture of performance and specialization, while our flat, cross-functional hierarchy promotes internal and external collaboration.
Our software platform, FM3, serves client needs by delivering unconstrained flexibility and possibility. It was built to support the range of services we offer and provides a unified front to back office platform for asset managers. Developers are embedded in our production environment and are integral to our client relationships. With our unique approach, we accept engagements with challenges that others may be unwilling or unable to undertake.
Harmonic is one of the largest independent fund administrators, delivering a range of services and technology to hedge funds, fund of funds, private equity funds, private banks, pension funds and family offices. With our experienced professionals and technology, we support a dynamic and complex industry characterized by new financial products, trading strategies and markets, shifting investor demographics, and an ever evolving regulatory landscape.