Loan Operations Analyst/Associate

Working for a Large Credit Asset Manager--

Responsibilities

• Analysis of loan administration activities including interpreting Agent notices related to paydowns, borrowings, fundings, capitalized interest, and rollovers.
• Review and maintenance of security attributes (Ratings, Recovery rates, Industries, Spreads, Maturities, etc.) for underlying portfolio assets.
• Review daily cash flows and reconciliations to ensure proper collection and allocation of cash payments.
• Reconciliation of key portfolio statistics between internal systems and the Trustee’s/Custodian’s book of record.
• Develop strong working relationships with the various Trustees to promptly resolve cash, asset and data discrepancies.
• Communicate with Agent banks and counterparties in resolving issues involving account positions and various trade activities.
• Prepare and review monthly client reports comprised of performance and portfolio characteristics for Leveraged Loan Accounts
• Work closely with Portfolio Managers, Traders and Credit Analysts to gather necessary information and also support their operational and analytical needs.
• Familiarity with Par/Distressed bank loans, PIK notes, trade claims, warrants and private equities.

Desired Skills and Experience

• 2-8+ years of experience of general Loan Operations and administration
• Working knowledge of the loan products and related documentation (Credit Agreement, Trade documents)
• Familiarity with loan administration and reporting systems (Clearpar, etc.)
• Knowledge of loan restructures/amendments
• Strong attention to detail and problem-solving skills
• Ability to prioritize and work in a fast-paced environment
• Well organized with strong written and communication

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Job Type: Full-time

Pay: $85,000.00 - $130,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off

Schedule:

• Monday to Friday

Education:

• Bachelor's (Required)

Experience:

• syndicated or direct bank loan: 2 years (Required)
• Microsoft Excel: 2 years (Required)
• Position reconciliation: 2 years (Required)

Work Location: In person