May 23, 2023
$125,000 - $200,000 yearly
Job Title: Associate---Loan Closer (par/distressed/Settlements/Operations) Responsibilities • Par/Distressed loan closing life-cycle of trades including new asset set-up, settlements, and reconciliations in a high-volume environment • Interact with internal groups (Accounting, Traders, Portfolio Managers, Legal, Compliance), outside legal counsel, administrators, and custodian banks • Perform data integrity checks and reconciliations • Review legal documentation Trade Confirmation, Assignment and Assumption Agreement, Proceeds letter, Multilateral Agreement, and Funding Memos • Chase counterparties for missing wires for trade cash breaks • Confirm trade tickets from internal records • Review settled cash alert reports and provide status to traders/portfolio managers • Work closely with the counterparty to coordinate all aspects of the loan process and escalate counterparty issues • Maintain and update fund details on...
Loan Closer Operations | Middle Office
Asset Management Collateralized Loan Obligation (CLO) Credit Fund Direct Lending
Wall Street Careers New York, NY, USA Full time