Loan Closer

Overview

• Facilitate the closing of primary and secondary loans, ensuring seamless settlement processes and compliance with industry standards.
• Collaborate with cross-functional teams to optimize loan trade workflows and address operational challenges effectively.
• Manage the lifecycle of middle-market and private credit trades, ensuring accuracy and adherence to guidelines.
• Coordinate with stakeholders to resolve documentation and funding issues, maintaining timely settlements.
• Monitor settlement pipelines, providing updates and addressing bottlenecks proactively.
• Reconcile financial data across systems to ensure settlement accuracy and compliance.
• Analyze operational issues, implementing enhancements to reduce risks and improve efficiency.
• Support automation initiatives to optimize workflows and enhance loan lifecycle processes.

Key Responsibilities & Duties

• Manage closing processes for primary allocations and middle-market/private credit trades, ensuring compliance with industry standards.
• Coordinate with internal and external stakeholders to drive timely settlement of loan trades.
• Validate trade documentation, including allocation notices, assignment agreements, and credit agreements.
• Monitor open trades and settlement pipelines, providing real-time updates on timelines.
• Reconcile financial data across systems, ensuring accuracy and compliance at settlement.
• Analyze operational issues and implement process improvements to enhance efficiency.
• Ensure adherence to internal controls, regulatory obligations, and trading desk guidelines.
• Collaborate with technology teams to support automation and data integrity initiatives.

Job Requirements

• Bachelor’s degree in Finance, Economics, or a related field preferred.
• 2–8 years of experience in Loan Operations or Trade Closing at relevant organizations.
• Expertise in closing primary allocations and middle-market/private credit trades.
• Strong understanding of industry documentation, settlement mechanics, and trade lifecycle processes.
• Proficiency with systems like ClearPar, WSO, Allvue, LoanIQ, or similar platforms.
• Exceptional organizational skills and attention to detail in a fast-paced environment.
• Ability to manage high-volume pipelines and prioritize effectively.
• Strong communication skills for collaboration with diverse stakeholders.