Loan Operations Specialist
Loan Operations Specialist
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Partner with our managed service provider to coordinate syndicated bank loan and revolver closings internally; IP s signoff on economics treasury confirming liquidity etc.
Review daily cash and position reconciliations related to bank loans; research discrepancies and determine course of action for resolution
Assist with lifecycle management to ensure books and records tie out with the agents; paydowns rerates PIKs and cash interest.
Assist with security master and trade capture of bank loans.
Responsible for weekly reporting to the IPs on open settlements.
Submit outbound wires inbound & outbound wire allocations to Treasury as well as chasing agents for any unpaid cash.
Develop strong relationships with external counsel brokers agents administrators investment professionals and service providers.
Participate in periodic audits (internal and external).
Backup coverage for tasks related to liquid products such as Bonds ABS CDS and FX.
Requirements
4year degree required.
Minimum three years experience within financial services.
Strong understanding of benchmark rates and accrual calculations.
Solid experience with at least one of these products: ABS CDS IRS syndicated bank loans or mortgages.
Proficient with Microsoft Excel
Knowledge of Advent Geneva and Allvue a plus.
Strong math and analytical skills required with attention to detail.
Medium to high level of proficiency in Excel.
1 to 3 years of experience You have an operational mindset and are constantly looking for ways to streamline processes You have strong critical thinking, problem solving, and decision making skills You re interested in providing best-in-class-service You take pride in your ability to communicate effectively and are able to multitask to meet multiple deadlines You have a basic understanding of Venture Capital, Banking, and Fund Administration You have experience working with accounting and financial data You re interested in working on projects in a fast paced environment
Employment Type
Full Time
