Middle Office Credit Loan Closer

About the role

We're partnering with a leading global financial institution to hire a Secondary Loan Closing Associate to join its Financial Markets Middle Office team in New York. This is an excellent opportunity for a professional with syndicated loan operations experience who wants exposure to the full trade lifecycle in a highly visible and collaborative environment.

Responsibilities

• Manage the full lifecycle of secondary loan trades from trade capture through settlement
• Process and close both LMA and LSTA loan transactions
• Review credit agreements and supporting legal documentation
• Draft and negotiate trade confirmations, transfer documents, pricing letters, and settlement documentation
• Coordinate settlements with counterparties, legal counsel, and internal stakeholders
• Manage workflows through Loan IQ and ClearPar
• Monitor trade activity, resolve exceptions, and escalate issues where necessary
• Support operational improvement initiatives and regulatory requirements
• Assist with audit requests, risk management, and process enhancement projects

Requirements

• 3+ years of secondary loan closing experience
• Strong knowledge of LSTA and LMA market practices
• Experience managing the full trade lifecycle
• Hands-on experience with Loan IQ required
• Experience with ClearPar and paper settlements
• Understanding of loan assignments, novations, transfers, and withholding tax concepts
• Exposure to structured credit products, including Loan TRS/TRCLI, is a plus