Senior Associate, Loan Operations

About the role

The Senior Associate will monitor and resolve cash and position discrepancies between the bank and agent banks for some of SS&C's largest loan clients. This includes performing root cause analysis, KPI reporting, and coordinating break resolutions with all parties.

Responsibilities

• Assume responsibility over the daily Position/Transaction and Cash reconciliations of multiple accounts to Custodians/Clients & Agent banks.
• Work closely with the Client, internal teams, and custodians/agents to ensure timely resolution of breaks and issues and mitigate risk for our clients.
• Oversee a team of analysts and build strong reconciliations processes and procedures.
• Ensure team adheres to best business practices of the firm.
• Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues.
• Review root cause analysis to make recommendations to improve processes, create efficiencies and mitigate risk.

Requirements

• Bachelor's degree in finance or related discipline
• 2+ years financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund
• Understanding of syndicated loans; including closing and maintenance of loans as well as the interrelationship with agent banks

Qualifications

• Advent Geneva experience a plus
• Knowledge of WSO, LoanSERV and Clearpar a plus
• Strong written and verbal communication skills
• Proven ability to work under pressure and make deadlines
• Solid client relationship management skills

Skills

• Financial Services Industry Experience
• Loan Operations Expertise
• Reconciliation Processes
• Root Cause Analysis
• Team Leadership
• KPI Reporting

Benefits

• Medical, Dental, Vision Coverage
• 401(k) Plan with Company Match
• Paid Time Off, Holidays, and Parental Leave
• Professional Development Reimbursement Opportunity

Pay

• New Jersey: $63,000 - $115,000 per year
• New York: $65,000 - $115,000 per year
• California: $70,000 - $118,000 per year

Schedule

• Hybrid Work Model