Loan Closing Senior Analyst/Associate - New York
Key responsibilities
- Oversee the loan lifecycle from an operational perspective, ensuring core closing processes are completed in a timely manner and any discrepancies/issues are escalated and investigated.
- Review trade documentation, including confirmations, or funding memos to ensure compliance with regulatory standards and internal guidelines.
- Confirm financial calculations such as delayed compensation, cost of carry, and commitment reductions.
- Review and interpret credit agreements to ensure accurate execution of operations prior to closing in accordance with terms and conditions.
- Review corporate actions related to loan trades to support processing, tracking, and reporting adjustments or changes affecting loans, ensuring required updates are applied accurately.
- Review and reconcile trade discrepancies, maintaining trade status updates, and escalating issues as needed.
- Support completion of daily and escalation reports. This may include delayed compensation, unallocated trades or fee reconciliations.
- Collaborate across counterparties, and internal and external teams, to ensure seamless operations and compliance.
Job requirements
- Bachelor's degree or equivalent
- Understanding of syndicated loans lifecycle
- 1-4 years relevant financial experience
- Ability to work in a fast-paced environment
- Strong communication skills
- Advanced Excel skills
- Attention to detail
Desired Experience
- May have some prior loan closing experience
- Some exposure to loan documentation (LMA/ LSTA, credit agreements, funding memos etc.)
Expectations Regarding Hybrid Working
As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients’ demands.
Pay
Senior Analyst - $65,000-$70,000
Associate - $70,000-$90,000
How We Work
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
Who We Are
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
- Managed Services
- Resource Augmentation
- Consulting
- Technology