Distressed Bank Loan Operations - New York

Compensation

: $108,410.00 - $108,410.00 /year *

Employment Type

: Full-Time

Industry

: Financial Services - Banking/Investment/Finance



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My client located in New York, New York is looking to add a senior credit middle office operations candidate to their team.


Overview

The middle office candidate will close trades for the Credit trading desk and support the Capital Markets deal team on agent bank deals.


Responsibilities:

  • Work on a bank loan portfolio including secondary par credits on a high volume trading desk
  • liaising with traders and internal legal counsel on trade discrepancies, legal terms of trade, counterparty issues and reviewing daily reporting.
  • Manage cash forecasting and balance management for new CLO warehouses.
  • Trade closer will also work on distressed bank loan trades and correspond directly with traders, portfolio managers, legal counsel and counterparties on all aspects of the closing process.
  • Work on primary syndications for our Capital Markets fronting business


Required Qualifications:

  • 5-10 years of relevant experience
  • Bachelor s Degree
  • Proficiency on ClearPar, Loan IQ, Geneva and Black Mountain System a plus
  • Distressed loan closing background a plus

by Jobble


Associated topics: credit, file, financial record, loan, loan clerk, loan closer, loan collections, mortgage, mortgage interviewer, verify * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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