Bank Loan Services Analyst - Varite, Inc

Downers Grove, IL 60515

About the Job

Job Summary:
The candidate for this position will be part of the Bank Loan Services group that will be responsible for cash and position reconciliation, research and resolution across a variety of investment vehicles that specialize in the Bank Loan asset class.

Key Responsibilities / Duties:

Daily Reconciliation of cash and positions by established deadlines.
Research issues utilizing internal systems, agent notification, publicly available information, and Trustee records.
Liaison with trustees and agent banks in relation to issues and resolve problematic cash discrepancies with Custodians, Trustees, Agent Banks, and/or Seller Banks.
Initiate verbal or written communication to escalate issues.
Track issue resolution, perform root cause analysis and identify controls gaps.
Partner with team members to complete internal tasks.
Document process requirements.
Perform other projects or duties when needed.
Provide back up to other members of team.

Work Experience / Knowledge:

2+ years of work experience post-graduation.
A solid understanding of the broadly syndicated loan market is required.
Wall Street Office (WSO) knowledge is required.
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.
Creative problem solver willing to tackle difficult puzzles.
Self-motivated, ability to multi-task and complete tasks upon assignment.
Organizational skills necessary to meet deadlines, prioritize projects, and multi-task.

Formal Education:

BA/BS required.

Source : Varite, Inc