Senior Transaction Manager Location: Hong Kong Salary: Competitive Work Type: Hybrid Working Position Summary Serica provides corporate trust, agency, escrow and custodian services to clients across a range of jurisdictions and is part of the GLAS group of companies. 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.400 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, Dubai and Hong Kong.
A Senior 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.
- Ongoing collaboration with internal GLAS deal teams.
- Support in training junior team members, allowing them to shadow on complex transactions.
- 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.
About GLAS GLAS is an award-winning independent debt administration services company providing, amongst other services, loan agency, security agency and corporate trustee services in the international debt capital markets.
With its origins in acting in complex restructuring transactions, GLAS' work covers a broad range of transactions ranging from direct lending with banks and debt funds to high yield bond issuances and complex debt restructurings. GLAS' services are delivered in connection with corporate debt, acquisition finance, project and infrastructure finance and sponsor and corporate led leveraged finance transactions.
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.