2 Bi-Lateral Loans Jobs

DEPARTMENT: Operations LOCATION: Bangalore/Pune, India Summary of Role The successful candidate will join Loan admin operations team within Apex Fund Services to help build and grow out loan servicing business. They will work alongside the local Middle Office Manager, helping to onboard systems, define processes and build a global team to service a new product. The Candidate The candidate will have a good working knowledge and experience working with CLOs, CDOs, Credit Funds and the different types of Loans. They will be driven and motivated to achieve excellence through hard work, good organization skills, excellent communication and attention to detail. Main Responsibilities: Cash/Position Reconciliation: Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including Supervise, mentor and develop a team, fostering positive and collaborative work environment Collaborate with cross functional teams to resolve issues and provide insight into open items. Reviewing the daily reconciliation of cash transactions Reviewing daily reconciliation of Apex/Client positions Ensuring aged breaks (over 7 days) are addressed and escalated Processing and reconciling data in various systems Actively researching discrepancies with various agents and internal teams Preparing and ensuring all Reporting is issued within the required timeframes Preparing and assisting with various reports required by internal teams Approving cash wires/swift payment Other Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including Preparing & Review procedural documents Preparing daily/Monthly KPI / MIS reporting pack Support in Business enhancements and development Raising areas where operational efficiency can be improved Other duties as assigned by Management Qualifications, Skills and Experience: Degree in Accounting/Finance, or a relevant qualification Candidate should have 10+ years experience working in Loan Services Extensive knowledge of loans, Credit funds, Reconciliation Understanding or knowledge of various security types Private Debt, Syndicated Loans, Bi-Lateral Loans, Understanding of Loan trade lifecycle Working knowledge of Solvas would be an added advantage Knowledge of Kyriba and/or Mendex application would be desirable Knowledge and experience with settlements including Clearpar Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred Role-Specific Competencies/Skills: Strong communication and analytical skills Strong organisational skills Accurate and acute attention to detail Adaptability - able to change tasks quickly as business needs dictate Uses discretion when dealing with sensitive and confidential information Excellent oral and written communication skills and demonstrated ability to adapt communication style to audience Proven ability to prioritize responsibilities, manage time effectively and meet deadlines accordingly Self-motivated Punctuality

About this role: Wells Fargo is seeking a Lending Operations Director across India and Philippines In this role, you will: Manage the activities or operations of multiple Loan Production, Loan Servicing, or Commercial including support operations with focus on financial and budget responsibility Approve and formulate policies, procedures, and methods associated with Lending Operations which directly impact the business line or indirectly affect the entire organization Identify opportunities and recommend strategies for improving operational or financial management, as well as organizational effectiveness Oversee execution of underwriting procedures while maintaining high levels of loan quality with minimum deficiencies and errors Lead multiple Lending Operations teams by making strategic decisions to resolve highly complex issues and meet high risk deliverables Interpret and develop range of policies and procedures within Lending Operations functional area Direct strategic planning discussions for the business line, and provide significant input regarding future direction for associated functional areas Collaborate with and influence all levels of professionals, including experienced leadership Coach, influence, develop, and manage Lending Operations team, including decisions related to performance reviews, terminations, hires, discipline, or salary actions Manage allocation of people and financial resources for Lending Operations Develop and guide a culture of talent development to meet business objectives and strategy Required Qualifications: 8+ years of Transactions and Processing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education 4+ years of management or leadership experience Job Expectations: Loan Servicing operations across I&P. The operations supports loan servicing functions across the wholesale portfolio covering bi-lateral loans, loan maintenance, payoffs, leasing operations, invoicing, customer service and collections. This role will lead existing team and build the lending servicing functions in I&P through taking ownership & alignment of existing servicing team, managing & understanding the business priorities, and working closely with the Lending Servicing leadership team to establish and maintain sustained delivery standards, strong controls and enhance functional capabilities. The growth includes scaling up both the headcount and complexity of incoming work up under agreed timelines and consolidating the existing teams to manage a overall span of 350+ Some of the servicing teams are based in Manila and the lead will act the as the overall I&P lead and provide management oversight while there may be site leadership locally. The incumbent in this role is expected to demonstrate significant leadership, be part of the Lending Servicing leadership team, build the required structure, ensure there is robust understanding of process and its complexities, team understand the business being supported, client impact and risk associated with in the process. The individual will be required to maintain strong engagement with multiple functions/stakeholders, take ownership of the delivery and getting the processes to a steady state. This will require the incumbent to remain hands on, fully understand the scope of the work and establish adequate governance and oversight. Key Responsibilities: Lead a large Loan Servicing operations team across sites to ensure service delivery is to the required enterprise standards and control standards meets business expectations Fully understand the lending processes across CB Ops and ensure there is adequate training and knowledge building within the team to support the business. Drive and motivate the team and establish a culture of high performance, ownership, accountability, transparency, and sustained performance. Drive the team towards continuous process improvements, identifying opportunities for improving quality and accuracy, improving controls, ideas to eliminate waste and driving effective and efficient operations . Build and foster collaborative relationship with business partners and stakeholders. Ensure there is regular connect with key stakeholders to review performance, priorities and other business initiatives. Build a strong operations rhythm where meritocracy and positive behavior is rewarded, there is adequate talent management and succession planning, and staff are encouraged to learn and grow. Be an active partner with the Transformation teams to ensure seamless delivery within the portfolio Develop requisite reporting & business metrics to monitor and drive the right outcome for the business and LoB stakeholders Demonstrate ability to challenge existing processes where they do not align with the Target Operating model and suggest solutions to bring efficiencies in the process Understand the cost of operations and continuously look at opportunities to drive the cost down without impacting the delivery Maintain strong culture of control and conduct and ensure risk is managed proactively and all process have robust business resiliency which is reviewed and tested periodically along with LoB and risk partners. This is a senior role within I&P CB Ops management team to lead the Loan Servicing operations across I&P. The operations supports loan servicing functions across the wholesale portfolio covering bi-lateral loans, loan maintenance, payoffs, leasing operations, invoicing, customer service and collections. This role will lead existing team and build the lending servicing functions in I&P through taking ownership & alignment of existing servicing team, managing & understanding the business priorities, and working closely with the Lending Servicing leadership team to establish and maintain sustained delivery standards, strong controls and enhance functional capabilities. The growth includes scaling up both the headcount and complexity of incoming work up under agreed timelines and consolidating the existing teams to manage a overall span of 350+ Some of the servicing teams are based in Manila and the lead will act the as the overall I&P lead and provide management oversight while there may be site leadership locally. The incumbent in this role is expected to demonstrate significant leadership, be part of the Lending Servicing leadership team, build the required structure, ensure there is robust understanding of process and its complexities, team understand the business being supported, client impact and risk associated with in the process. The individual will be required to maintain strong engagement with multiple functions/stakeholders, take ownership of the delivery and getting the processes to a steady state. This will require the incumbent to remain hands on, fully understand the scope of the work and establish adequate governance and oversight. Key Responsibilities: Lead a large Loan Servicing operations team across sites to ensure service delivery is to the required enterprise standards and control standards meets business expectations Fully understand the lending processes across CB Ops and ensure there is adequate training and knowledge building within the team to support the business. Drive and motivate the team and establish a culture of high performance, ownership, accountability, transparency, and sustained performance. Drive the team towards continuous process improvements, identifying opportunities for improving quality and accuracy, improving controls, ideas to eliminate waste and driving effective and efficient operations . Build and foster collaborative relationship with business partners and stakeholders. Ensure there is regular connect with key stakeholders to review performance, priorities and other business initiatives. Build a strong operations rhythm where meritocracy and positive behavior is rewarded, there is adequate talent management and succession planning and staff are encouraged to learn and grow. Be an active partner with the Transformation teams to ensure seamless delivery within the portfolio Develop requisite reporting & business metrics to monitor and drive the right outcome for the business and LoB stakeholders Demonstrate ability to challenge existing processes where they do not align with the Target Operating model and suggest solutions to bring efficiencies in the process Understand the cost of operations and continuously look at opportunities to drive the cost down without impacting the delivery Maintain strong culture of control and conduct and ensure risk is managed proactively and all process have robust business resiliency which is reviewed and tested periodically along with LoB and risk partners.