Loan Closer

Northbound Search

Loan Closer

New York, NY
Full Time
Paid
  • Responsibilities

    Loan Closer

    Our client is a reputable financial services firm seeking to add a loan closer to their growing team. We are ideally seeking candidates with 3+ years of loan closing experience with exposure to syndicated loan products. This position is remote-hybrid and is interviewing and starting the right candidate immediately. This position starts on a temporary basis paying $50-60/hr per hour.

    Responsibilities:

    • Prior experience in coordinating the settlement of loan products and securities in private markets/financial services industry.
    • Experience with fund structures, SPVs, a tax blockers
    • Experience with specialized credit and lending products (Collateralized Loan Obligations, Project Finance, Loan Trading, and Derivatives)
    • In depth knowledge of ClearPar and LSTA settlement guidelines
    • Experience with distressed trading and settlements, bankruptcy reorganizations, and common debt amendments.
    • Experience interacting with brokers and securities counterparts

    Qualifications:

    • Bachelors degree is preferred
    • KYC and Tax experience is a plus
    • Accounting and General Ledger knowledge is a plus
    • Excellent at communication and required escalation
    • Strong quantitative and qualitative skills
    • Entrepreneurial, driven and proactive
    • Must be comfortable as the primary liaise between the front office and back office
  • Compensation
    $100,000-$120,000 per year