Client Services Associate - Fixed Term Contract (12 Months)

Client Services Associate

Fixed Term Contract - 1 Year

Location: London

Salary: Negotiable  

Hybrid Working

The role of Client Services Associate

GLAS is an international provider of institutional debt administration services, serving lenders, borrowers, issuers, and advisers offering a global platform across Loan Agency and related services, Capital Markets and Restructuring. 

GLAS’ vision is to be recognised as the best-in-class independent, non-creditor, conflict-free provider of institutional debt administration services, enabling global clients and counterparties to achieve successful outcomes on their transactions.  

The business currently comprises c.500 employees who deliver a solution-based, innovative service, ensuring GLAS is the preferred global partner of choice. GLAS has a blue-chip customer base developed over many years; select clients include Apollo, Blackstone, CVC, Deutsche Bank and Goldman Sachs. GLAS has been recognised as the premier independent provider of loan agency and bond trustee services with a portfolio of over $800 billion assets across its global platform. The company is headquartered in London with offices in Paris, Frankfurt, Madrid, New York, New Jersey, Sydney, Melbourne, Brisbane, Singapore, Dubai, Hong Kong, Milan and Rome.

To expand our successful operation we are hiring a Client Services Associate at GLAS on a one year fixed term contract. The Client Services Associate will liaise very closely with the EMEA Client Services Team, which is GLAS’s headquarter. The role managing and processing all operational aspects of GLAS client transactions within specific deadlines. Each team member has responsibility for a specific portfolio of Loans / Bonds and is the primary operational contact for the Borrowers and Lenders on these transactions.

To be successful in your role

We are looking for a dynamic individual able to work in an entrepreneurial fast pace working environment. To be successful in this role you are an effective communicator with excellent communication skills.

Responsibilities

Managing drawdowns, rollovers, rate fixes, pre-payments, redemptions and maturities.

Inputting relevant data into the system Solvas.

Generating and sending notices to Borrowers and Lenders within specific timeframes.

Receiving and checking SSI’s, initiating the call back process where necessary.

Managing funds flow between Borrowers and Lenders.

Making payments through Barclays.Net, arranging a foreign exchange transaction where appropriate.

Calculating and payment of principal repayments, interest, commitment and other fees (including PIK and non-pro rata events)

Reconciling accounts

Handling of transfers ensuring requests comply with the transaction documentation and the collection of transfer fees.

Understanding of deal documentation for inputting into the system or responding to Borrower / Lender queries.

Dealing with client queries in a timely manner.

Dealing with Audit request.

Timely escalation of relevant matters to Team Leader and/or Managers.

Due diligence with regards to potential fraud, money laundering, and both financial and reputational risk to GLAS.

Experience and Qualifications 

Proven examples of working to tight deadlines 

A high degree of detail and strong organisational skills 

Previous experience of using SOLVAS desirable

A desirable degree in a finance or business related field

Person Specification

Strong attention to detail and ability to work to tight deadlines

Flexibility to adapt to the changing needs of a growing business

The ability to represent GLAS to high standards and expectations at all times 

Benefits

Base salary + bonus

Hybrid working 

28 days annual leave + bank holidays 

Long service award

Private Medical Insurance 

Private pension plan 

Life insurance plan

Employee Assistance Program (EAP)

Yearly eye examination

Gym membership discount

Career development and study support

 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.

Besides, 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