Loan Operations
2 weeks ago
OUR COMPANY
TrialCap specialized in providing financing solutions for Phases 1 through 3 clinical trials in the biotech and medtech sectors focusing on leveraging tax rebates for R&D activities. With over 20 years of industry experience, we provide flexible financial support for the life science industries to bring innovative treatments to market for patients. Our financing solutions are designed to alleviate the financial burden on emerging biotech and medtech companies, enabling them to focus on research and development relieving some pressure of securing capital.
THE POSITION: Loan Operations
Key responsibilities:
- Collaborate with the deal team to ensure that operational processes to support loan transactions are in place, including but not limited to, payment and receipt of funds, covenant testing, Conditions subsequent, coverage ratio and any other transaction specific conditions are correctly monitored and actioned
- Collaborate with external service provider and affiliates on fund flow, division of responsibilities, transaction bookings, repayments, rate resets, agency function and transaction specific ongoing information delivery and storage and covenant testing
- First point of contact with borrower and responsible for monitoring the status of loan transactions
- Support the deal team on structuring and due diligence of transactions
- Project task group to select and implement loan management system
- Continuous process improvements
- Other ad-hoc duties assigned
Requirements:
- Relevant degree
- At least 5 to 8 years of relevant working experience
- Prior experience in loan / fixed income operations required
- Experienced in using loan management software
- Independent, driven and able to work in a fast paced environment and under pressure
- Detailed oriented, hands-on, meticulous and able to multi-task
- Excellent interpersonal, communication and organization skills
Able To Multitask
Due Diligence
Good Interpersonal Communication Skills
Self-driven
Investments
Financial Transactions
Loan management system
handling transactions
loan administration
Organized
Work in a Fast Paced Environment
Able To Work Independently
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