Transaction Manager – Project & Infrastructure Finance

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 Transaction Manager to contribute to the execution and ongoing administration of complex project and infrastructure finance loans across agency, security trustee and transaction administration roles.

Project financings are typically structured around a project company and its future cash flows, with detailed requirements governing drawdowns, account structures, reporting, covenants, security packages, intercreditor arrangements and lender decision-making. The Transaction Manager contributes directly to the effective administration of these financings by translating the relevant provisions into controlled operational processes and coordinating lenders, sponsors, project companies, legal counsel, technical advisers and other transaction parties.

This is an execution-focused position requiring sound judgement, a strong understanding of finance documentation and the ability to manage detailed processes from onboarding and financial close through construction, operation, amendments, waivers, refinancings and other lifecycle events. The role operates within defined review, approval and escalation processes.

KEY RESPONSIBILITIES

• Coordinate the onboarding, establishment and ongoing administration of project and infrastructure finance mandates.
• Review facility agreements, common terms agreements, intercreditor agreements, account agreements, security documents and related transaction documentation.
• Prepare transaction summaries, operational procedures, responsibility matrices, closing checklists and lifecycle calendars.
• Coordinate lenders, sponsors, project companies, legal counsel, technical advisers, account banks and other transaction parties throughout the financing lifecycle.
• Support financial close by monitoring conditions precedent, funding requirements, closing deliverables and outstanding documentation.
• Administer facility mechanics, including utilisations, drawdowns, rollovers, rate settings, interest periods, repayments, prepayments, fees and other transaction events.
• Coordinate the receipt and distribution of project reports, compliance certificates, technical adviser reports, construction updates and other required information.
• Monitor contractual reporting dates, covenant-related deliverables and other administrative requirements without undertaking independent credit decision-making.
• Administer amendment, waiver and consent processes, including the preparation and distribution of notices and the collection and recording of lender responses.
• Maintain lender registers and process assignments, transfers and changes to lender participation.
• Support the administration of intercreditor arrangements, instruction processes and priority mechanics in accordance with the transaction documents.
• Maintain collateral and security records and coordinate perfection, filing, release and other security-related requirements with external counsel and relevant transaction parties.
• Support the calculation and distribution of interest, fees and principal and coordinate documented payment and cash-flow mechanics with account banks and other relevant parties.
• Administer controlled cash-flow structures and payment waterfalls in accordance with the finance documents and approved operational procedures.
• Coordinate multi-jurisdictional requirements with local counsel and other service providers where required.
• Support successor agency, refinancing, restructuring and transition processes where applicable.
• Identify missing, inconsistent or potentially material information and escalate matters in accordance with internal procedures.
• Maintain complete transaction records, document repositories, decision logs, review dates and audit trails.
• Handle confidential and transaction-sensitive information in accordance with applicable data-protection and information-security requirements.

CANDIDATE PROFILE

• Typically three or more years of relevant experience in project finance, infrastructure finance, loan agency, banking operations, corporate trust or transaction administration.
• Experience gained within a bank, loan agency or corporate trust provider, infrastructure debt fund, institutional lender, asset manager, law firm or other relevant professional-services environment would be advantageous.
• Good understanding of project and infrastructure finance documentation and transaction structures.
• Familiarity with bank club facilities, syndicated project financings, infrastructure debt transactions, sponsor-backed financings, export credit agency-supported structures, PPPs or concession-based projects would be beneficial.
• Ability to read and interpret facility agreements, intercreditor arrangements, account agreements and security documentation.
• Understanding of transaction mechanics relating to drawdowns, interest periods, repayments, fees, lender voting, amendments, waivers and transfers.
• Familiarity with project-specific reporting, technical adviser processes, construction milestones and long-term lifecycle administration.
• Strong numerical, analytical and organisational skills with close attention to detail.
• Ability to manage several transactions, workstreams and competing deadlines in parallel.
• Clear, confident and professional communication with lenders, sponsors, advisers and other transaction parties.
• Sound judgement and the ability to identify issues requiring escalation.
• High degree of discretion when handling confidential and transaction-sensitive information.
• Structured, dependable and proactive working style.
• Experience with LoanIQ or comparable loan agency and transaction administration systems would be advantageous.
• A degree or relevant professional qualification in business, finance, law, economics or a related discipline is desirable; equivalent practical experience will also be considered.

LANGUAGE SKILLS

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

WHAT WE OFFER

• Direct involvement in project and infrastructure finance transactions across agency and administration roles.
• Exposure to bank club facilities, syndicated financings, institutional debt and cross-border transaction structures.
• Close interaction with lenders, sponsors, project companies, legal counsel and technical advisers.
• The opportunity to work across renewable energy, energy transition, transport, digital and other infrastructure sectors.
• Responsibility within a specialist, execution-focused organisation.
• The opportunity to deepen your project finance, loan agency and security 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 UK Limited. The position is based in London 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 should be submitted in English.

Please use the following email subject:

Application – Transaction Manager – Project & Infrastructure Finance – London

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.