Senior Manager, Kroll Agency and Trustee Services

Senior Manager, Kroll Agency and Trustee Services

Agency and Trustee Services

Agency and Trustee Services | Frankfurt, Germany |

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Job Specification – Senior Transaction Manager

Kroll Agency and Trustee Services (KATS), part of Kroll Business Services, provides independent, conflict-free, third-party agency and trustee services. Servicing the bond and loan markets, Kroll has developed its strong reputation by providing proactive and bespoke services to its clients. We currently manage over 1,500 loan and bond transactions globally.

As part of Kroll’s strategic expansion, KATS is establishing and scaling its German platform. The Senior Transaction Manager - KATS Germany will be responsible for the closing of new deals and oversight of all BAU activity within the portfolio reporting into the Head of KATS Germany and working alongside the business heads to build, lead, and grow the German business, with full accountability for BAU activity and team development.

Core responsibilities include:

• Assume responsibility for closing new deals as assigned by the Head of KATS Germany:
• Reviewing and negotiating transaction documents
• Managing the signing process
• Overseeing the closing and funding process
• Manage CP process
• Manage post-closing accessions
• Ad-hoc follow up matters
• Work closely with Operations to ensure deals are accurately entered into our system of record (Loan IQ, KBC), including agreeing and tracking the deliverables
• Take ownership of a busy and diverse portfolio of loans and bonds including managing queries from transaction participants
• Ownership of a portfolio of loans, bonds and escrows from a BAU perspective
• Documentation review for all BAU matters
• Maintain and build on Borrower relationships. Actively call on clients to discuss service levels and opportunities
• Represent creditors security interests
• Act as a conduit between finance parties representing lenders
• Track Obligor information undertakings, circulate to creditors (deliverables)
• Collaborate with management to bring ideas and suggestions for best practice
• Consents, Waivers & Amendments
• documentation review & negotiation of finance documents with counsel
• creditor outreach & facilitate questions on the request
• maintaining a creditor consent register and provide updates on consent threshold
• executing amendment documentation and circulate to creditors
• instruct OPS to implement amendments on internal operating platforms
• Obligor accessions
• documentation review & negotiation of finance documents with counsel
• creditor outreach & facilitate questions on the request including KYC
• monitor KYC sign off from creditors
• Liase with KATS KYC team to onboard new obligors
• Executing accession documentation and circulate to creditors
• Take additional security where applicable
• Creditor Accessions
• Review and execution of accession documentation (usually scheduled to ICA)
• Prepayments / repayments
• Review and execution of release documentation and pay-off letters
• Coordinate to finalise pay-off amounts
• Process accordions, upsizes & incremental facilities
• documentation review & negotiation of finance documents with counsel
• monitor CP’s
• coordinate KYC requirements for new Borrowers / lenders
• coordinate closing / funding for drawdown
• Check payment files and release funds for BAU drawdowns and full repayments
• Security / collateral
• Hold security over borrower / obligor assets for benefit of the creditors
• Facilitate taking new security and releasing existing security
• Review and execution of security documents
• Support Operations to ensure that they can handle operational queries
• Proactively manage and develop client/influencer relationships to win new/repeat business
• Adhere to existing procedures and contribute to regular reviews/updates
• Actively participate in team meetings and communicate deal status, upcoming events etc
• Assist with new client onboarding (KYC) as required
• Collaborate with management to bring ideas and suggestions for best practice
• Undertake Business development activities led by the business development team and provide support for new technical pitches
• Overseeing periodical payments/cashflows occurring on the deal portfolio
• Manage borrower and lender relationships on transactions
• Take responsibility for collection of Kroll fee revenue and billing activity on the portfolio

Attributes required:

• Solid experience in documentation review including credit agreements/intercreditor agreements/trust deeds
• Knowledge of current loan market practises/LMA/unitranche/credit funds/sponsor-led transactions would be highly advantageous
• Strong team player with excellent communication skills
• Ability to work under pressure and multi-task
• Strong attention to detail with a risk aware mindset
• Well organised and able to prioritise tasks
• Available to work extended hours as the business dictates
• Knowledge of international payments and reconciliation