Transaction Manager

Transaction Manager

Location: Madrid

Salary: Competitive

Work Type: Hybrid Working

Position Summary

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.450 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 $700 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, Italy and Rome.

A Transaction Manager is responsible for the ongoing management of a portfolio of 40-50 transactions. Transaction Manager responsibilities include the timely collection and analysis of financial statements, interpretation of deal terms, and the ongoing servicing of existing clients.The role will  will collaborate with other TMG members in order to progress their understanding and knowledge of complex transactions across a diverse range of industry sectors.

Essential Duties and Responsibilities:

Responsible for the ongoing management of a portfolio of syndicated loans

Ongoing review of syndicated loan and supporting finance & security documentation

Covenant monitoring through the collection and analysis of financial statements and information, with immediate distribution and posting of required documentation to the wider lender group, utilising the TSG team where applicable

Facilitating deal amendments and handling the collection of lender votes within required timeframes

Facilitating obligor accessions and handling the collection of lender votes within required

Actively participate and engage in team and company projects

Person Specification

Strong attention to detail and ability to work to tight deadlines

A committed work ethic and the ability to operate with integrity

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

Long service award

Career development and study support

Good holiday entitlement

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 work life balance.