Loan Trade Settlement, Associate II

Alter Domus • Chicago, ND

3d • $42,500 - $70,000 • Hybrid

About The Position

Alter Domus is seeking a Loan Trade Settlement, Associate II to support loan trade settlement activities. The role requires product and functional knowledge of the bank loan market and involves coordinating with business teams, trading counterparties, and other internal and external stakeholders. The position supports settlements for loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims, including funding and documentation matters. It also involves maintaining knowledge of portfolios and deal documentation, ensuring controls and guidelines are followed, resolving transaction issues, reviewing client reports, and participating in strategic initiatives.

Requirements

• Bachelor’s degree in finance, accounting, business, economics, or a related field.
• At least 2 years of experience in bank loan agency, syndication, or investment management operations.
• Ability to independently research and resolve complex problems.
• Ability to work closely with internal groups and external clients.
• Effective communication skills.
• Demonstrated analytical skills and strong working knowledge of fundamental financial, accounting, and business concepts.
• Proactive interest in learning and mastering new concepts.
• Ability to prioritize and complete tasks with close attention to detail.
• Strong Microsoft Excel skills.
• Experience, knowledge, or familiarity with Bloomberg, performance systems, and other loan research and analysis tools.

Nice To Haves

• Experience in investment management operations and/or bank loan syndication.

Responsibilities

• Demonstrate product and functional knowledge of the bank loan market when communicating with business teams and trading counterparties.
• Support settlement of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims, including funding and documentation matters.
• Maintain working knowledge of relevant portfolios and deal-related documentation to ensure controls are in place and guidelines are followed.
• Liaise with Administrative Agents regarding KYC documentation, including administrative details, tax documents, and fund formation documents.
• Maintain and distribute loan documentation, including private and public amendments or restructures and voting requirements for settled and trade-date positions.
• Interact with internal and external counterparts, including Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and trading counterparts or brokers.
• Investigate and resolve closing and transactional issues, communicating issues in a timely manner.
• Participate in reviews of daily and weekly reports and client metrics to highlight trade status and risks.
• Work in a dynamic team environment and participate in strategic initiatives.

Benefits

• Support for professional accreditations.
• Flexible arrangements and generous holidays, plus an additional day off for your birthday.
• Continuous mentoring along career progression.
• Active sports, events, and social committees across offices.
• 24/7 support through the Employee Assistance Program.
• Opportunity to invest in company growth and success through the Employee Share Plan.
• Additional local benefits depending on location.
• Alter Domus Academy learning zones and resources tailored to career ambitions, including LinkedIn Learning resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level