SS&C Technologies - Union, NJ

posted 2 months ago

Full-time - Manager
Hybrid - Union, NJ
10,001+ employees
Professional, Scientific, and Technical Services

About the position

The Manager - Loan Operations - Cash Reconciliation Specialist is responsible for overseeing the daily cash and position reconciliations for multiple accounts, ensuring timely resolution of discrepancies between banks and agent banks for major loan clients. This role involves performing root cause analysis, KPI reporting, and implementing best practices in reconciliation processes. The ideal candidate will have significant experience in loan operations and a strong understanding of the financial services industry.

Responsibilities

  • Assume responsibility over the daily Position/Transaction and Cash reconciliations of multiple accounts to Custodians/Clients & Agent banks.
  • Work closely with the Client, internal teams, and custodians/agents to ensure timely resolution of breaks and issues and mitigate risk for our clients.
  • Oversee a team of analysts and build strong reconciliations processes and procedures, ensuring adherence to best business practices.
  • Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues.
  • Review root cause analysis to make recommendations to improve processes, create efficiencies and mitigate risk.

Requirements

  • Bachelors degree in finance or related discipline
  • 5+ years financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund
  • 3+ years of supervisory experience
  • Understanding of syndicated loans; including closing and maintenance of loans as well as the interrelationship with agent banks
  • Advent Geneva experience a plus
  • Knowledge of WSO, LoanSERV and Clearpar a plus
  • Strong written and verbal communication skills
  • Proven ability to work under pressure and make deadlines
  • Solid client relationship management skills

Nice-to-haves

  • Experience with Advent Geneva
  • Familiarity with WSO, LoanSERV, and Clearpar

Benefits

  • 401k Matching Program
  • Professional Development Reimbursement
  • Flexible Personal/Vacation Time Off
  • Sick Leave
  • Paid Holidays
  • Medical, Dental, Vision coverage
  • Employee Assistance Program
  • Parental Leave
  • Discounts on fitness clubs, travel and more
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