Accounting, Credit Processing, Documentation, Economics, Finance, Financial Services, Fixed Income Investments, Interest Rates, Loan Operations, Loan Origination, Loan Servicing, Loans, Offshoring, Reconciliation
Loan Operations Associate
Our client is a reputable financial services firm seeking to add a loan operations associate to join their growing team. We are ideally seeking candidates with 3+ years of loan origination, servicing, and or closing experience with exposure to syndicated loan products. This position is remote-hybrid and is interviewing and starting the right candidate immediately. This position starts on a temporary basis paying $50-60/hr per hour.
Responsibilities
- Daily processing of portfolio activity including interest rate rollovers, principal, interest
- Daily oversight of our offshore reconciliation support team, including responsibility of cash and position reconciliations across multiple funds
- Reconciliation of all positions and cash to custodians, fund admins, and counterparties
- Monitoring and processing of amendments and reorganizations, including coordination with the Finance and Accounting, Valuations, and Front office teams as necessary
- Monthly and quarterly responsibility to provide close packets to the Finance and Accounting team including all outstanding reconciliation items, trade activity, accrual information, and potential control issues
- Overall maintenance of a specific portfolio including ongoing support for the front office and controllers including reporting, providing support, and responding to ad-hoc requests
- Preferred Experience
Qualifications:
- Knowledge of syndicated loans market
- Understanding of Loan Facility Agreements and supporting documentation
- Experience with system processing of credit events
- Understanding of general ledgers
- Degree in Finance, Accounting or Economics
- Knowledge of loan, TRS, and fixed income settlements is a plus