Bank Loan Support Associate
: Job Details :


Bank Loan Support Associate

The Emerald Recruiting Group

Location: New York,NY, USA

Date: 2021-06-13T04:32:54Z

Job Description:

Our client, a top tier investment firm in the greater NYC area is seeking a Bank Loan Support Associate to join their growing team. This individual will e responsible for providing trade floor support, as well as the main liaison communicating between the operations and portfolio teams.

Job Description:

  • Responsible for Par (Primary and Secondary) and Distressed loan settlements.
  • Review Loan Syndications and Trading Associate (LSTA) trade confirmations, assignments, funding memos.
  • Understanding of bank loan servicing and agent notices (rate sets, pay downs, restructures, PIK).
  • Communicate directly with external counterparts on all settlement matters including amendment voting on unsettled trades.
  • Timely escalation and resolution of all inquiries and issues related to trade details and settlement documentation.
  • Collaborate and communicate with all middle office group members (Treasury, Asset Servicing, Settlements).
  • Appropriately assess risk, demonstrating consideration for the firm's reputation.

Qualifications:

  • 2-5 years experience
  • Strong written and verbal communication
  • Proficient in Excel, V-Lookup, Pivot Tables and Macro building would be a plus
  • Must enjoy a fast-paced, high-intensity environment
  • Relationship building skills with our counterparts and agents
  • Highly self-motivated
  • Ability to switch gears quickly and efficiently when settlement priorities change

Compensation: $80,000 - $85,000 Base + Bonus

Apply Now!

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