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Loan Administrator (REMOTE)

BCforward

Loan Administrator (REMOTE)

Chicago, IL
Full Time
Paid
  • Responsibilities

    Job Description

    POSITION: LOAN ADMINISTRATOR LOCATION: CHICAGO, IL, 60603 DURATION: 12 MONTHS 

    DESCRIPTION: CDOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral.  Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt.   Responsibilities include:  settles bond/bank loan trades and invests excess cash as directed by the Portfolio Manager, books cash inflows/outflows to the portfolio, tracks asset attributes such as accrual information, rating, industry codes, etc., provides reports to the clients on a daily basis, and assists Analysts with reporting to the investors.   Ensures I00% accuracy and timeliness of data through proper booking and reconciliation of account activity.

    Company Description

    About BCforward: BCforward began as an IT business solution and staffing firm. Founded in 1998, BCforward has grown with our customers’ needs inta full-service personnel solution’s organization. Headquartered in Indianapolis, Indiana, BCforward alsoperates numerous delivery centers across North America and India. We are currently the largest consulting firm and largest MBE certified firm in Indiana. Our uninterrupted growth has allowed BCforward tdeliver uniquely configured IT staffing and project solutions for over the years of catering tour customers’ specific needs. BCforward currently maintains a team of over 5000 global resources. With our additional brand, Stafforward, together we have the capabilities tdeliver services for a variety of industries in both public and private sectors which allows us taddress your most challenging needs. www.BCforward.com