Associate Financial Agency

Location: Milan

Salary: Competitive

Work Type: Hybrid Working

Global Loan Agency Services (GLAS), the premier independent provider of institutional debt administration services, has completed their acquisition of Loan Agency Services (LAS), Italy's leading debt administration provider, LAS was founded in 2010 and offers the Italian market a range of services across debt administration. LAS has offices in both Rome and Milan and over €52bn in credit lines.

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.500 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 $750 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, Dubai, Milan and Rome.

The role of Associate Financial Agency

LAS are looking for an Associate to join our team in managing agency and credit servicing activities, focusing on executing financial transactions as well as supporting restructuring and distressed situations.

The role combines transaction management, operational execution and stakeholder coordination, offering broad visibility across complex financing structures and direct interaction with lenders, borrowers and advisors.

Key Responsibilities

• Act as Agency support on performing financing transactions (e.g. loan agency, security agency, facility agency)
• Support monitoring and management activities for private debt and UTP credit funds throughout their entire lifecycle
• Assist in organizing operational activities related to data remediation and data quality for the credit portfolio
• Oversee and review activities performed by Analysts and Senior Analysts
• Monitor the progress of the project and update the senior team
• Prepare and organize documentation for periodic client update meetings
• Manage day-to-day operational aspects of live transactions
• Support and oversee the onboarding of new mandates, including the review of transaction documentation and calculations within the management system
• Monitor contractual obligations, key dates and milestones
• Coordinate with lenders, borrowers, legal advisors and other transaction parties
• Support and check drawdowns, repayments, calculations, amendments and waivers
• Maintain and update transaction records, reporting and data repositories
• Assist in portfolio monitoring and periodic reporting activities

• Support senior team members on restructuring and special situations, including:

• amendments and restructurings of existing facilities

• distressed or underperforming credits

• interaction with multiple creditor groups

• Contribute to process improvement and standardisation initiatives

Experience And Qualifications

• University degree in Economics, Finance, Law or related fields
• 2–4 years of experience in financial services, banking, loan agency, restructuring, transaction services or advisory
• Solid understanding of loan documentation and financing structures
• Strong organisational skills and attention to detail
• Ability to manage multiple transactions and priorities simultaneously
• Proactive, hands-on and solution-oriented mindset
• Strong communication skills and ability to interact with senior stakeholders
• Fluent in Italian and in English (written and spoken)
• Advanced Excel skills; familiarity with internal systems and reporting tools is a plus

Nice to Have

• Prior exposure to restructuring, special situations or distressed credits
• Experience working with credit funds, banks or alternative lenders
• Understanding of intercreditor dynamics and complex capital structures

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