Client Administrator – ABS & MBS

ABOUT FIDOSTRA

Fidostra is an independent provider of loan agency, security trustee and transaction administration services for institutional financing and capital markets transactions.

We support clients and transaction parties through structured coordination, accurate information flows and disciplined execution throughout the lifecycle of a mandate.

ROLE OVERVIEW

Fidostra is seeking a Client Administrator to support the administration of asset-backed and mortgage-backed securities transactions.

The role combines transaction administration, document management, deadline monitoring, data review and regular communication with issuers, originators, servicers, account banks, calculation agents, paying agents, legal advisers and other transaction parties. You will help ensure that transaction records remain complete, required information is received and distributed accurately and recurring processes are handled in accordance with the transaction documents and Fidostra’s internal procedures.

This is an execution-focused position requiring strong organisation, numerical accuracy, attention to detail and consistent follow-through. The role operates within defined review, approval and escalation processes.

KEY RESPONSIBILITIES

• Support the onboarding, establishment and ongoing administration of ABS and MBS transactions.
• Maintain transaction records, contact details, document repositories, closing materials and internal case trackers.
• Review transaction documents and prepare concise summaries of relevant administrative provisions, reporting requirements, payment dates and operational responsibilities.
• Maintain transaction calendars covering reporting dates, payment dates, review periods and other recurring requirements.
• Coordinate the receipt, review and distribution of servicer reports, investor reports, compliance certificates, account statements, loan-pool information and other required documentation.
• Liaise professionally with issuers, originators, servicers, account banks, calculation agents, paying agents, legal advisers, auditors and other transaction parties.
• Support the preparation and distribution of notices, reports, certificates and other transaction communications.
• Assist with the administration of interest, principal, fees, reserves and payment waterfalls in accordance with the transaction documents and approved operational procedures.
• Review and reconcile transaction data, calculations and account information and identify missing or inconsistent items.
• Track the receipt and reporting of information relating to portfolio performance, arrears, defaults, transaction triggers, reserve requirements and other specified metrics.
• Support amendments, waivers, consents and other transaction events, including the collection and recording of responses where required.
• Maintain accurate records of transaction parties, security arrangements, reporting obligations and outstanding deliverables.
• Support client onboarding, KYC reviews and conflict-management processes relating to new and existing mandates.
• Identify missing, inconsistent or potentially material information and escalate matters in accordance with internal procedures.
• Maintain complete document repositories, review records, decision logs and audit trails.
• Handle confidential, transaction-sensitive and personal information in accordance with applicable data-protection and information-security requirements.

CANDIDATE PROFILE

• Typically one or more years of relevant experience in structured finance, securitisation, ABS or MBS administration, banking operations, corporate trust or transaction administration.
• Experience gained within a bank, corporate trust or agency provider, securitisation issuer, servicer, asset manager, law firm or other financial-services environment would be advantageous.
• An understanding of securitisation structures and the respective roles of issuers, originators, servicers, trustees, account banks, calculation agents and paying agents would be beneficial.
• Familiarity with transaction documents, prospectuses, investor reports, servicer reports and cash-flow waterfalls would be advantageous.
• Strong numerical skills and the ability to review detailed transaction data and calculations accurately.
• Confidence working with dates, figures, contractual provisions and recurring reporting requirements.
• Ability to manage several transactions, reporting cycles and competing deadlines in parallel.
• Strong organisational skills and the ability to maintain accurate and complete transaction records.
• Clear, confident and professional communication with clients and transaction parties.
• Strong attention to detail and a structured, dependable and proactive working style.
• High degree of discretion when handling confidential and transaction-sensitive information.
• Experience with securitisation reporting platforms, cash-flow models or transaction administration systems would be advantageous.
• A degree or relevant professional qualification in business, finance, economics, law or a related discipline is desirable; equivalent practical experience will also be considered.

LANGUAGE SKILLS

• Professional fluency in German and English, both written and spoken, is required.
• Additional European language skills would be advantageous.

WHAT WE OFFER

• Direct involvement in European ABS, MBS and structured finance transactions.
• Responsibility within a specialist, execution-focused organisation.
• Close exposure to issuers, originators, servicers, financial institutions, advisers and live transaction processes.
• The opportunity to deepen your securitisation and transaction-administration expertise.
• Professional training and support for relevant professional memberships.
• Scope to take on broader responsibility as your experience and contribution develop.
• Hybrid working and the possibility of part-time or full-time arrangements.

ADDITIONAL INFORMATION

Employment will be with Fidostra GmbH. The position is based in Frankfurt am Main and follows a hybrid working model.

Part-time and full-time arrangements may be considered. The precise scope, working hours and responsibilities will be agreed based on the candidate’s experience and the requirements of the role.

APPLICATION

Please submit your CV together with a concise cover note, your availability and your preferred working hours to careers@fidostra.com.

Applications may be submitted in English or German.

Please use the following email subject:

Application – Client Administrator – ABS & MBS – Frankfurt

Applications are reviewed directly by Fidostra and treated in strict confidence.

EQUAL OPPORTUNITIES

Fidostra is committed to providing equal opportunities in recruitment and employment. Applicants are considered on the basis of their qualifications, experience and suitability for the role, without discrimination on any ground protected by applicable law.

If you require a reasonable adjustment during the application process, please contact careers@fidostra.com.

Please see our Applicant Privacy Notice for information about how Fidostra processes candidate data.