Associate, Loan Trading / Credit Trading - New York, NY

About the role

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.

Responsibilities

• Handle all operational aspects of the loan trading business from trade execution through closing, including trade booking, confirmations, settlement coordination, and issue resolution
• Identify opportunities to enhance reporting, automate processes, and improve trading desk efficiency through technology and workflow optimization
• Drive project-based initiatives in front office loan operations relating to the bank’s strategic build in Leveraged Finance Origination
• Analyze and support primary and secondary bank loan trades, ensuring accurate trade capture, position maintenance, and risk exposure across trading systems in compliance with market regulations and internal controls
• Compile and distribute daily flash reports, including detailed trade blotters, outstanding positions, cash movements, and end-of-day P&L for traders, management, and control partners
• Work closely with Risk Management to monitor issuer, facility, and counterparty exposure, assessing potential risks based on liquidity, credit ratings, concentrations, and market conditions
• Collaborate with Middle Office, Back Office, Operations, and Technology teams to resolve trade discrepancies, improve workflow efficiency, and ensure timely and accurate trade settlement
• Carefully coordinate amendment and waiver execution across traders, research teams, legal, and middle office, ensuring documentation terms are accurately reflected in systems and positions
• Liaise between the Syndicate team and Sales desk on new deal originations, repricings, refinancings, and secondary distributions, ensuring allocations are valid, counterparties are onboarded, and trading relationships are properly established
• Understand how the Bank’s risk appetite and risk culture apply to day-to-day activities and proactively escalate issues that may expose the firm to operational, market, or compliance risk
• Actively contribute to effective and efficient operations in line with the Bank’s Values, Code of Conduct, and Global Sales Principles, while supporting strong controls related to operational, compliance, AML/ATF/sanctions, and conduct risk

Requirements

• Bachelor’s degree in Finance, Economics, Business, or a related discipline
• 5–8+ years of experience in loan trading support, middle office, operations, or capital markets operations preferred
• Strong understanding of syndicated loans, primary and secondary loan markets, and trade lifecycle processes
• Familiarity with risk concepts including exposure limits, liquidity risk, and counterparty risk
• Experience working with loan trading, booking, or settlement systems preferred
• Strong attention to detail, analytical skills, and ability to manage multiple priorities in a fast-paced trading environment
• Knowledge of regulatory and compliance requirements related to capital markets activities is an asset

Qualifications

• Must be legally authorized to work in the United States without the need for sponsorship

Skills

• Strong communication and interpersonal skills
• Ability to work independently and as part of a team
• Proficiency in Microsoft Office Suite

Benefits

Explore a comprehensive benefits package that includes:

• Health, dental, and vision insurance
• Retirement savings plans
• Flexible spending accounts
• Employee assistance programs
• Generous paid time off

Pay

$155,000.00 - $185,000.00 per year

Schedule

Full-time