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Loan Operations Analyst

Compunnel, Inc.

New York, NY

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JOB DETAILS
SALARY
$44–$44 Per Hour
JOB TYPE
Temporary, Full-time
SKILLS
Banking Operations, Banking Services, Case Management, Credit Risk, Detail Oriented, Economics, Finance, Financial Administration, Funding, Identify Issues, Legal, Loan Operations, Loan Servicing, Loans, Microsoft Dynamics, Operational Audit, Operations Processes, Product Control, Reconciliation, Regulations, Risk Management, Sales Closing Skills, Service Level Agreement (SLA), Time Management, Transaction Processing/Management, Warehousing
LOCATION
New York, NY
POSTED
Today
JOB SUMMARY An experienced loan operations professional is sought for a temporary role within the FID Secured Lending (FSL) operations team. This position requires immediate production capacity in loan booking, participant servicing, and agency servicing within LoanIQ, supporting significant volume growth. The role is hands-on and demands the ability to process transactions from day one with minimal ramp-up, emphasizing prior experience at a major syndicated lending institution. Key Responsibilities * Book new loan facilities in LoanIQ based on credit agreement terms, including deal, facility, and loan-level hierarchy setup. * Extract and input key commercial terms from credit agreements: pricing grids, commitment amounts, maturity dates, repayment schedules, borrowing base structures, financial covenants. * Set up deal economics accurately to support correct regulatory capital calculation, risk exposure, and credit availability. * Coordinate with front office, legal counsel, and product control on deal closing mechanics and funding instructions. * Process lifecycle servicing events for deals where the firm holds a participant position: interest payments, fee payments, principal repayments, rate resets, and rollovers. * Reconcile agent bank notices against LoanIQ records; investigate and resolve discrepancies in payment amounts, rates, or accrual periods. * Monitor and process borrowing base certificates, compliance certificates, and covenant reporting as received from agent banks. * Handle facility amendments, extensions, and waivers on participant positions, updating LoanIQ deal structures accordingly. * Perform agent bank servicing functions in LoanIQ for deals where the firm acts as administrative agent or lead arranger. * Process and distribute interest, fee, and principal payments to the lender syndicate; calculate pro-rata and non-pro-rata distributions. * Manage lender positions following primary syndication, secondary trade settlements (assignments and participations), and commitment changes. * Generate and distribute agent notices to the lender group: drawdown notices, rate-setting notices, paydown notices, amendment and waiver requests. * Process SOFR rate resets, calculate all-in rates including applicable margins and floors, and initiate rollover transactions. * Ensure all transactions are processed within established SLAs and in accordance with operational procedures and risk controls. * Escalate exceptions, fails, and breaks promptly through the appropriate channels. * Support month-end and quarter-end processing, including accrual verification and GL reconciliation support. Required Qualifications * Minimum 3-4 years of hands-on experience in syndicated loan operations at a bank, fund administrator, or financial institution. * Direct, daily working experience with LoanIQ. Candidates must be able to navigate deal/facility/loan hierarchies, process servicing events, and troubleshoot system issues independently. * Demonstrated experience in at least two of the following three areas: loan booking/deal setup, participant servicing, agency servicing. * Understanding of SOFR-based lending conventions, including rate lookback mechanics, compounding methods, and fallback provisions. * Ability to read and interpret credit agreements, amendments, and agent notices to extract operational terms. * Strong attention to detail in a high-volume, deadline-driven environment. Preferred Qualifications * Prior experience at a bulge-bracket or large regional bank in a loan operations or loan servicing role. * Experience with structured credit products: CLO warehouses, CRE warehouses, subscription finance / capital call facilities. * Experience with Microsoft Dynamics or similar case management / workflow tools. Education: Bachelors Degree

About the Company

C

Compunnel, Inc.

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