Loan Trade Settlement US, Associate I
About The Position
Demonstrate product and functional knowledge of the bank loan market to communicate with business and trading counterparties. Support the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding and documentation matters. Maintain a working knowledge of all relevant portfolios and deal-related documentation to ensure controls are in place and that guidelines are adhered to. Liaise with Administrative Agents with regard to KYC documentation, including administrative details, tax and fund formation documents. Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/restructures and voting requirements with settled and trade date positions. Interact with internal and external counterparts such as Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers. Investigate and resolve closing and transactional issues, communicating all issues in a timely manner. Participate in the review of daily/weekly reports and metrics provided to clients to highlight status of trades and risks. Work in a dynamic team environment and participate in strategic initiatives.
Requirements
- Bachelor’s degree in accounting, finance, business, economics or related field.
- 0+ years of experience, new graduates encouraged to apply.
- Exceptional verbal and written communication skills.
- Demonstrated analytical capabilities and strong attention to detail.
- Ability to prioritize tasks, work on multiple assignments, and manage ambiguity.
- Dynamic and flexible workstyle (i.e. successful candidates can work both independently and as a part of a team with professionals from all levels).
- Proficiency in Microsoft Excel.
Responsibilities
- Demonstrate product and functional knowledge of the bank loan market to communicate with business and trading counterparties.
- Support the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding and documentation matters.
- Maintain a working knowledge of all relevant portfolios and deal-related documentation to ensure controls are in place and that guidelines are adhered to.
- Liaise with Administrative Agents with regard to KYC documentation, including administrative details, tax and fund formation documents.
- Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/restructures and voting requirements with settled and trade date positions.
- Interact with internal and external counterparts such as Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers.
- Investigate and resolve closing and transactional issues, communicating all issues in a timely manner.
- Participate in the review of daily/weekly reports and metrics provided to clients to highlight status of trades and risks.
- Work in a dynamic team environment and participate in strategic initiatives.
Benefits
- Support for professional accreditations
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
