Senior Associate, Loan Operations
About the role
SS&C is looking for a Senior Associate to join our Loan Operations team. The candidate is responsible for monitoring and resolving cash and position discrepancies between the bank and agent banks for some of our largest loan clients. This includes performing root cause analysis, KPI reporting and coordinating break resolution with all parties. The ideal candidate will have experience in the Loan asset class as well as oversight and implementation of best reconciliation practices.
Responsibilities
- Support the settlement process of primary loan syndications and secondary loan trades, including funding and documentation matters
- Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments (i.e.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan settlements
- Investigate and resolve closing and transactional issues in a timely manner
- Participate in the daily/weekly preparation and review of reports, metrics provided to our clients, senior managers to highlight status of trades and risks
- Train and mentor junior staff
Requirements
- Bachelor's degree in finance or related discipline
- 2+ years financial services/securities industry managerial experience in operations and/or loan operations
- Understanding of syndicated loans; including trade closings - LSTA market settlement conventions
- Credit Agreements and their operational mechanics, i.e. funds flows, ticking fees, paydown, drawdowns as well as their interrelationship with agent bank, trading counterparties, custodians and trustee
Qualifications
- Knowledge of ClearPar, WSO, and Advent Geneva experience a plus
- Strong written and verbal communication skills
- Proven ability to work under pressure and make deadlines
- Solid client relationship management skills
Skills
- Experience in the Loan asset class
- Overseeing and implementing best reconciliation practices
Benefits
- Medical, dental, and vision coverage
- A 401(k) plan with company match
- Paid time off, holidays, and parental leave
- Professional development reimbursement opportunity
Pay
TBD
Schedule
TBD
Benefits
- Comprehensive total rewards package
- Professional development reimbursement opportunity
Company Information
- SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries.
- Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.
Equal Opportunity Employer
SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.
Contact Information
Click here to apply.