Transaction Manager - Vice President

Transaction Manager - Vice President

Location: New Jersey

Salary: $145,000 - $170,000 

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.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.

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. 

A Transaction Manager 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 timeframes 

Shadow senior team member on complex transactions 

Ongoing collaboration with internal GLAS deal teams. 

Be the first point of call and therefore form an ongoing relationship with all deal counterparties including borrower firms and lender institutions 

Establish and maintain key relationships with clients and other market participants, developing the GLAS portfolio and presence 

Provision of exceptional customer service. Form an ongoing relationship with all deal counterparties, including borrowers 

Coordinate efficient completion of GLAS’s KYC processes for new obligors, including the collection of corporate formation and structure documentation and liaising with GLAS’s internal Compliance team 

Attendance at client meetings and industry conferences to assist with GLAS marketing and sales strategies 

Adhering to GLAS Policies and Procedures 

Ensuring the timely updating of OneView, Trello and Debtdomain, utilising the TSG team where applicable 

Actively participate and engage in team and company projects 

Benefits 

Base salary + bonus 

Hybrid working  

Long service award 

Employee Assistance Program (EAP) 

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.