Bank Loan Analyst I

Bank Loan Analyst I

Job Type: 12 Month W2 Contract
Location: Downers Grove, IL 60515 (On-Site)
Schedule: 4 Days a Week in Office
Pay Rate: $40.00 - $45.00 / Hour

About the Role

We are seeking a detail-oriented and motivated professional to join our Bank Loan Oversight and Administration Team. In this role, you will provide critical operational support to our portfolio management and investment teams. Your work will directly impact our trading operations, reporting accuracy, and data integrity across various bank loan, syndicated loan, and structured credit portfolios.

Key Responsibilities & Core Functions

• Trade Settlement & Support: Execute trade settlements and comprehensive trade support by coordinating directly with agent banks, trade counterparties, and internal trading desks.

• CLO / CDO Portfolio Administration: Oversee CLO or CDO portfolio administration, including OC/IC compliance testing, waterfall calculations, interest/principal distributions, and cash reconciliation.

• Reporting & Deliverables: Produce scheduled and ad-hoc reporting deliverables for investment teams, legal & compliance, and external clients.

• Systems & Operational Transitions: Support business integration, system transitions, and operational build-outs through rigorous data comparison, report generation, and process documentation.

• Data Quality & Integrity Management: Maintain and safeguard the critical data that drives our business across loan portfolios, conducting data mining and analysis from a variety of internal and external sources.

• Client & Team Collaboration: Deliver top-tier service to both internal and external clients, service providers, and team members while fostering a collaborative work environment.

Qualifications & Experience

• Industry Background: Relevant experience at a fund administrator, asset manager, CLO manager, institutional bank, or structured credit firm supporting bank loan / syndicated loan portfolios.

• Experience Level: $2+$ years of overall work experience preferred. Background in investment management, fund operations, or reporting/product oversight is a strong plus.

• Market Knowledge: Familiarity with bonds, bond settlements, and a solid understanding of the security/loan market (LMA) and fund operations.

• Technical Systems Expertise: Hands-on use of loan management and tracking systems in an investment operations or trust operations context, such as:

  • Wall Street Office (WSO) / Allvue-Everest

  • ClearPar

  • LoanIQ

  • Solvas

• Education: Bachelor’s Degree required; a degree in a business-related field (Finance or Accounting) is preferred.

Required Skills & Personal Attributes

• Accuracy & Detail: Exceptional attention to detail with an unyielding commitment to precision and data integrity.

• Analytical Mindset: Strong quantitative and qualitative analysis skills, with the ability to conduct analysis and present data in a meaningful way.

• Communication: Excellent verbal, written, and interpersonal communication skills.

• Work Ethic: Highly self-motivated, capable of working independently, multi-tasking, managing multiple priorities, and seeing projects through to completion.

• Team Player: Open-minded, flexible, willing to listen to other people's opinions, and eager to collaborate effectively within a dynamic team environment.