Loan Operations Analyst/Associate

TD Witz Associates

Aug 5th, 2022
$ 85000 - 175000 / Year

Responsibilities

  • Analysis of loan administration activities including interpreting Agent notices related to paydowns, borrowings, fundings, capitalized interest, and rollovers.
  • Review and maintenance of security attributes (Ratings, Recovery rates, Industries, Spreads, Maturities, etc.) for underlying portfolio assets.
  • Review daily cash flows and reconciliations to ensure proper collection and allocation of cash payments.
  • Reconciliation of key portfolio statistics between internal systems and the Trustee’s/Custodian’s book of record.
  • Develop strong working relationships with the various Trustees to promptly resolve cash, asset and data discrepancies.
  • Communicate with Agent banks and counterparties in resolving issues involving account positions and various trade activities.
  • Prepare and review monthly client reports comprised of performance and portfolio characteristics for Leveraged Loan Accounts
  • Work closely with Portfolio Managers, Traders and Credit Analysts to gather necessary information and also support their operational and analytical needs.
  • Familiarity with Par/Distressed bank loans, PIK notes, trade claims, warrants and private equities.

Desired Skills and Experience

  • 2-8+ years of experience of general loan operations and administration
  • Working knowledge of the loan products and related documentation (Credit Agreement, Trade documents)
  • Familiarity with loan administration and reporting systems (Clearpar, etc.)
  • Knowledge of loan restructures/amendments
  • Strong attention to detail and problem-solving skills
  • Ability to prioritize and work in a fast-paced environment
  • Well organized with strong written and communication

·’

Job Type: Full-time

Pay: $85,000.00 – $175,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off

Schedule:

  • Monday to Friday

Supplemental Pay:

  • Bonus pay

Education:

  • Bachelor’s (Required)

Experience:

  • syndicated or direct bank loan: 2 years (Required)
  • Microsoft Excel: 2 years (Required)

Work Location: One location

More jobs from TD Witz Associates:

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