Loan Operations

Loan Operations Overview

• The Loan Operations role involves managing loan processing, monitoring capital activities, and ensuring accurate and timely operations support.
• Collaborate with internal teams and external providers to maintain operational efficiency and resolve discrepancies.
• Maintain and update security master databases for all traded instruments.
• Ensure compliance with industry standards and organizational policies in loan operations.
• Work in a hybrid environment, balancing on-site and remote responsibilities effectively.
• Opportunity to work with advanced systems like Bloomberg, DTCC, and Markitwire.
• Support a dynamic team in a fast-paced, high-pressure environment.

Loan Operations Key Responsibilities & Duties

• Maintain and manage the security master database for all traded instruments.
• Handle internal loan setups and coordinate with providers and administrators.
• Monitor bank loan capital activities, ensuring accurate processing of PIK, paydowns, and funding.
• Identify and manage bank loans on IHS Markit, addressing deal reprices and rate changes.
• Resolve trade breaks between trading desks and counterparties efficiently.
• Collaborate with operations, accounting, and front office teams to address outstanding issues.
• Liaise with brokers, counterparties, and loan agents to ensure timely payment processing.
• Assist with corporate action processing and provide support to third-party administrators.

Loan Operations Job Requirements

• Bachelor’s degree in a relevant field is required.
• 2-4 years of relevant experience in loan operations or related fields.
• Proficiency in Microsoft Excel and familiarity with systems like Bloomberg, DTCC, and Markitwire.
• Strong written and verbal communication skills with attention to detail.
• Ability to work independently in a fast-paced, high-pressure environment.
• Flexibility to prioritize tasks and availability beyond normal business hours.
• Experience with Front Arena, WSO, or Clearpar is a plus.