Bank Loan Services Analyst - Corps Team
Downers Grove, IL 60515
About the Job
Our client, a leading independent investment management firm, is seeking an experienced Bank Loan Services Analyst for a 6+ month contract in Downers Grove, IL. This position is hybrid with 3 days per week onsite.
The candidate for this position will be part of the Bank Loan Services group that will be responsible for assisting with the day-to-day support of the Bank Loan asset class that conducts business across various funds.
Key Responsibilities / Duties:
The candidate for this position will be part of the Bank Loan Services group that will be responsible for assisting with the day-to-day support of the Bank Loan asset class that conducts business across various funds.
Key Responsibilities / Duties:
- Support of cash reconciliation process to ensure accuracy and completeness of available data
- Maintenance of all bank loan activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in the Bank Loans systems
- Coordinate trade settlement of Primary & Secondary loan closings with external parties (Par & Distressed, LSTA & LMA)
- Liaison with trustees and agent banks in relation to issues and resolve problematic cash discrepancies with Custodians, Trustees, Agent Banks, and/or Seller Banks
- Administer WSO data fax service and liaison with service provider to resolve notice issues
- Perform daily maintenance of internal and external credit ratings
- Monitor compliance reporting to internal departments
- Systems testing of upgrades and enhancements
- Document process requirements
- Perform other projects or duties when needed
- Provide back up to other members of team
- 0-2 years of work experience post-graduation
- A solid understanding of the security market and mutual fund operations, is beneficial
- Background in accounting / finance preferred
- Proficiency in Microsoft Office, specifically Excel is required
- Good verbal, written, & analytical skills
- Aptitude for detail and a commitment to accuracy
- Good quantitative and qualitative analysis skills
- Ability to work independently and follow through on projects
- Self-motivated, ability to multi-task and complete tasks upon assignment
- Organizational skills necessary to meet deadlines, prioritize projects, and multi-task
- BA/BS required
Source : Corps Team