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 our largest loan clients. This includes performing root cause analysis, KPI reporting, and coordinating break resolution 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

• Experience in the Loan asset class
• Oversight and implementation of 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

The expected base salary for the position is between $65,000.00 USD to $100,000.00 USD.

Schedule

Hybrid schedule available in Dallas, Los Angeles, and San Francisco.