Loan Operations Analyst/associate - New York, United States - TD Witz Associates

TD Witz Associates
TD Witz Associates
Verified Company
New York, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description
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

  • 26 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 problemsolving skills
  • Ability to prioritize and work in a fastpaced environment
  • Well organized with strong written and communication
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Pay:
$95, $135,000.00 per year


Benefits:


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

Schedule:

  • Monday to Friday

Education:


  • Bachelor's (required)

Experience:

- syndicated or direct bank loan: 2 years (required)
Microsoft Excel: 2 years (required)


Work Location:
In person
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