Junior Transaction Manager

Junior Transaction Manager

Location: Sydney/Melbourne

Salary: Competitive  

Hybrid Working

The role of Junior Transaction Manager

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.300 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 $300 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, Hong Kong and Dubai.

Reporting to the Team Leader(s) a Junior Transaction Manager is responsible for the ongoing management of a portfolio of 35-45 transactions. Junior Transaction Manager responsibilities include the timely collection and analysis of financial statements, interpretation of deal terms, and the ongoing servicing of existing clients.

A Junior Transaction Manager will collaborate with other TMG members in order to progress their understanding and knowledge of syndicated loans and leverage the Asia Pacific Loan Market Associations resources. 

To be successful in your role

We are looking for a dynamic individual able to work in an entrepreneurial fast pace working environment. You will need to have strong organisational skills and be able to manage multiple priorities. Teamwork is key to being successful in the role of Junior Transaction Manager, you will need to understand the importance of teamwork, supporting colleagues and knowing when to ask for support.

Responsibilities

• Responsible for the ongoing management of a portfolio of syndicated loans in which GLAS acts as Facility Agent and/or Security Trustee.
• 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 Transaction Support Group ("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

Experience and Qualifications 

• Confident in communicating in a professional and concise manner
• Proven experience of taking accountability for your own personal development
• We welcome graduate candidates with +2 year financial industry experience to apply or people restarting their careers

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
• 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