POSITION: Credit Quality Analyst

FULLTIME/PARTTIME: Full time

ASSIGNMENT: 11/04/2024 to 08/12/2025

LOCATION: New York, NY

SCHEDULE: 40hrs M-F

PAY RANGE: $30.00 – 33.83 hourly
(Exact compensation may vary based on skills, experience, and location. Base pay information is based on market location.)

Job Description
Provide documentation and analytical support within global markets loan operations in a trade closing and settlement capacity. Responsible for the coordination of all documentation related to the settlement of bank loan trades within the primary and secondary markets. This candidate will have the opportunity to work directly with traders, salespeople, research analysts, trading counterparties, internal and external legal counsel, administrative agent banks and various internal operations groups. Additional responsibilities include contributing to process and technological enhancements that will serve to improve team efficiencies which will result in shortening settlement times and diminishing post trade risk associated with trading counterparties and credit borrowers. May manage projects and/or the introduction of new initiatives, systems, products/services, and processes, coordinating necessary expertise across multiple functions and/or other products. May also be asked to function as an informal team lead, providing work direction and technical guidance to less experienced employees in resolving complex transactions and operational problems. Experience with client interaction as well as experience in operational support is desired. Employees in this role typically have a college degree (Associates or higher)

Responsibilities
Confirmation of loan documentation for accurate trade settlements drafting and confirmation of loan documentation related to trade settlement within the syndicated loan market, inclusive of trade confirmations, assignment and acceptance agreements and funding memos for accurate trade settlements.
• Provide syndicated loan trading support in the areas of trade closing, research support, sales support, and account management support
• Partner with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks and various other internal operations groups
•Manage post-trade management and logistics, settlement pricing and closing coordination Manage post trade activity and logistics, inclusive of document negotiation and trade settlement pricing.
• Process and technological improvements to shorten closing times and lessen post-trade risk associated with counterparties and borrowers
• Validation of loan commitments, interest payments, and fee payments
• Report monitoring and reconciliations
• Analysis and resolution of operational problems
• Involvement in ad hoc projects for new processes or industry initiatives
• Breaks investigation and resolution
• End to end processing of loans with accurate data input into various credit and operating system

Requirements
Available to provide premium client service and manage the relationships between internal and external clients
• 3 years of experience within financial services industry 3-5 years minimum of experience within the syndicated loan market.
• Basic understanding of credit documentation (e.g. Credit Agreement) in order to perform detailed reviews for accurate settlement and servicing
• Presentable, confident and client focused
• Excellent communications skills and proficiency with numbers/calculations
• Ability to work under pressure in a team environment
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds
• Self-motivated and able to work unsupervised
• Candidate will be able to manage own time and know when to escalate
• Previous experience or knowledge of secondary loan trading desirable (not required)
Previous experience or knowledge of primary and secondary loan trading preferred.
• Knowledge of operational risk
• Strong detail orientated
• Ability to manage multiple priorities and multitask
• Excellent time management and prioritization skills
• Ability to meet tight deadlines, willingness to continuously learn on the job
• Ability to problem-solve and take ownership of process improvements?

Other Qualifications
· Strives to bring new thoughts and ideas to teams to drive innovation and unique solutions
· Excels in working among diverse viewpoints to determine the best path forward
· Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
· Commitment to challenging the status quo and promoting positive change.
· Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
· Believes in value of diversity so we can reflect, connect, and meet the diverse needs of our clients and employees around the world

WORKING CONDITIONS:

• May on occasion be exposed to loud sounds and distracting noise levels, such as from office equipment.
• The ability to lift to 30lbs
• Use of computers and technology

Here at Canon Recruiting, People are our priority, and we are committed to Include Diversity in every segment of who we are. It is only through our Diversity, we are made a stronger organization, and increase our ability to provide top tier candidates that our clients have come to know Canon for. We have an inclusive environment all employees are celebrated for their unique differences. The different perspectives and experiences of our workforce give us the competitive advantage that is essential for success in an ever-changing market. By promoting inclusion with the same enthusiasm, we devote to quality and competency, and using the experience from a diverse assortment of backgrounds and experiences, Canon is able to improve the services and value we deliver to clients, employees, and customers. At Canon, Diversification and Inclusiveness are much more than a corporate ambition; they are a critical component in our daily corporate life.

Canon Recruiting is committed to a diverse and inclusive workplace. Canon Recruiting is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

The pay range for this position is listed above. Base pay information is based on market location.
We will consider for employment qualified applicants with arrest and conviction records. Our range of benefits may include health care and 401(k) savings plans.
For individuals with disabilities who would like to request an accommodation, please email hr@canonrecruiting.com