Overview
Loan Operations Analyst Jobs in New York, NY at Atlantic Group
Title: Loan Operations Analyst
Company: Atlantic Group
Location: New York, NY
The Atlantic Group has partnered with a private equity firm in the Manhattan area. They have an immediate need for a Loan Operations Analyst to join their team. This position is a full-time contract role with the opportunity to become permanent based on performance.
Summary:
We are seeking an analytical self-starter to join our Investment Operations team in New York for Asset Servicing Operations. The candidate should be dedicated, capable of working independently and within teams, hands-on with experience in working in a sophisticated and fast-paced environment.This includes the ability to highlight inefficiencies and areas of improvement to drive scale. A strong and inherent risk demeanor is also required to raise issues or concerns.
Work Schedule: Hybrid. 3 days in the office, 2 days work from home.
Job Duties:
• Processing lifecycle activity for various loan types (syndicated, revolvers, delayed draws, private corporate and commercial real estate loans), bonds, equities, derivatives, etc. This includes the processing of loan notices received for events related to paydowns, interest, coupons, delayed draws, revolvers, PIK, and cashless rolls.
• Complete ownership and accountability of processes assigned. This includes data maintenance and timeliness of activity processing with adherence and evidencing of controls.
• Responsible for reviewing and actioning the daily reconciliation of cash, position, and accruals and assisting in resolution of any settlement exceptions.
• Partnering and collaborating with various internal collaborators including (but not limited to) Middle Office to assist with any fund needs, Securities Master team on asset setup and lifecycle activities, and our Reconciliation team on break resolution, and Business/Legal colleagues.
• Work with our external Trustees, Custodians, Prime Brokers, Agents to resolve pending event settlements or exception discrepancies.
• Booking restructures, bridge/commitment fees, and loan amendments.
• Updating process documentation and able to evidence controls and calculations.
• Responding to queries and taking complete ownership of the lifecycle event processes.
Qualifications & Experience
-Bachelors/Master’s degree with focus in Operations/Finance/Accounting is preferred.
-2-5 years of relevant work experience.
-Full understanding of the loan lifecycle (able to process things like cashless rolls, interest, paydowns, etc.).
ID: 46499
