Manager -Middle Office Credit

• Perform ongoing administration and monitoring of collateral portfolios across assigned transactions.
• Review collateral eligibility and identify assets that may no longer qualify under financing agreement requirements.
• Monitor concentration limits, collateral performance, and portfolio trends.
• Process collateral additions, removals, substitutions, and updates within servicing systems.
• Reconcile collateral data against source reports and supporting documentation.
• Assist with preparation of collateral reporting packages for lenders, investment managers, and other stakeholders.
• Escalate collateral exceptions, valuation concerns, and reporting issues as appropriate.

• Review and interpret financing agreements, borrowing base provisions, amendments, waivers, and related transaction documents.
• Apply legal and contractual requirements to operational reporting procedures.
• Assist in documenting transaction-specific reporting methodologies and procedures.
• Escalate documentation ambiguities and questions to senior team members where necessary.

• Act as a day-to-day contact for borrowers, lenders, investment managers, and service providers.
• Respond to routine client and lender queries relating to borrowing base calculations, collateral reporting, and transaction activity.
• Coordinate receipt of reporting packages and supporting documentation from borrowers and third parties.
• Support the preparation of periodic reporting and management information.

• Assist with priority of payments calculations and transaction cash flow reviews where applicable.
• Support payment date administration, reporting cycles, and related operational activities.
• Assist with onboarding new transactions and implementation of reporting procedures.
• Support lifecycle events including amendments, refinancings, restructurings, and facility renewals.

Risk and Controls

• Follow established operating procedures and internal control requirements.
• Identify and escalate reporting exceptions, covenant issues, collateral concerns, and operational risks.
• Maintain complete documentation and supporting records for audit purposes.
• Support internal and external audits by providing requested information and workpapers

• Identify opportunities to improve reporting efficiency and operational effectiveness.
• Participate in system enhancements, testing activities, and automation initiatives.
• Contribute to the ongoing development of policies, procedures, and controls

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline.
• 3-5+ years of experience in collateral administration, borrowing base administration, private credit operations, loan administration, fund administration, structured finance, or secured lending.
• Experience preparing or reviewing borrowing base reports and collateral reporting.
• Understanding of collateral eligibility, advance rates, concentration limits, reserves, and availability calculations.
• Ability to interpret financing agreements and related legal documentation.
• Strong Excel and analytical skills.
• Strong attention to detail and organizational skills.
• Excellent written and verbal communication skills.
• Ability to manage multiple deadlines and priorities in a fast-paced environment.
• Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred

• Transaction Administration

• Process Improvement
• Stakeholder Coordination
• Operational Excellence

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position.

Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.