Loan Operations Administrator

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Loan Operations Administrator

New York, NY
Full Time
Paid
  • Responsibilities

    Loan Operations Administrator

     

    Responsibilities

     

    • Handle daily portfolio transactions, including interest rate resets, principal movements, and interest payments.
    • Oversee day-to-day work of the offshore reconciliation team, ensuring accurate cash and position reconciliations across multiple funds.
    • Perform full reconciliation of positions and cash balances with custodians, fund administrators, and counterparties.
    • Track and process amendments and reorganizations, coordinating with Finance & Accounting, Valuations, and Front Office teams as needed.
    • Prepare monthly and quarterly close packages for the Finance & Accounting team, including unresolved reconciliation items, trade activity, accrual details, and any potential control issues.
    • Manage ongoing maintenance of an assigned portfolio, supporting the front office and controllers with reporting, analysis, and ad-hoc requests.

     

    Preferred Experience

     

    • Familiarity with the syndicated loan market
    • Ability to interpret Loan Facility Agreements and related documents
    • Experience handling system processing for credit events
    • Basic understanding of general ledger accounting
    • Bachelor’s degree in Finance, Accounting, or Economics
    • Exposure to loan, TRS, or fixed-income settlement processes is beneficial
  • Compensation
    $70,000-$80,000 per year