Senior Associate, Loan Operations

SS&C Technologies•Los Angeles, CA

22h•$63,000 - $118,000•Hybrid

About The Position

SS&C is looking for a Senior Associate to join our Loan Operations team. The candidate is responsible for monitoring and resolving cash and position discrepancies between the bank and agent banks for some of our largest loan clients. This includes performing root cause analysis, KPI reporting and coordinating break resolution with all parties. The ideal candidate will have experience in the Loan asset class as well as oversight and implementation of best reconciliation practices.

Requirements

Bachelors degree in finance or related discipline
2+ years financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund
Understanding of syndicated loans; including closing and maintenance of loans as well as the interrelationship with agent banks

Nice To Haves

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

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.
Ensure team adheres to best business practices of the firm.
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.