Our client, a large alternative asset management firm in Midtown, NY, is looking for a Loan Operations Associate to join their team.

The ideal candidate will have experience in Private Debt operations and a thorough knowledge of leveraged finance products.

You will:

• Execute loan trades and manage the deal closing life cycle, including wire transfers and loan settlements (via Clearpar).
• Monitor available cash for deal/trade settlement.
• Review loan closing documents and build loan amortization schedules.
• Ensure all interest and principal payments are received in a timely manner; work directly with loan administration counterparties to confirm all processes are complete.
• Analyze performance metrics and calculate returns.

Qualifications:

• Bachelor's degree in related field.
• 3-6 years in operations as part of the middle/back office of an asset manager, financial software provider or custodian.
• Prior experience with middle market direct lending operations or syndicated loan products such as CLOs, Separately Managed Accounts, and Credit Funds.

• Strong working knowledge of ClearPar, S&P loan software and Microsoft Office suite.
• Wall Street Office, Allvue, and Arcesium experience is preferred.