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Loan Operations
Loan OperationsNorthbound Search • New York, NY, US
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Loan Operations

Loan Operations

Northbound Search • New York, NY, US
Hace más de 30 días
Tipo de contrato
  • A tiempo completo
  • Indefinido
  • Temporal
Descripción del trabajo

Job Description

Job Description

Loan Operations – NYC

Our client is expanding their Operations team and hiring into a newly created position. This is a rare opportunity to break into the buy-side at the 0–2 year level, with the chance to build a strong foundation in loan operations. The role will begin on a temporary basis with the opportunity to convert to a permanent employee.

Key Responsibilities

  • Process daily portfolio activity, including interest rate resets, principal movements, and interest payments
  • Oversee offshore reconciliation support, ensuring accurate daily cash and position reconciliations across multiple funds
  • Reconcile positions and cash balances against custodians, fund administrators, and counterparties
  • Review and execute amendments, restructurings, and other corporate actions, partnering closely with Finance & Accounting, Valuations, and Front Office teams
  • Prepare monthly and quarterly close packages for Finance & Accounting, including open reconciliation items, trade summaries, accrual data, and identification of control risks
  • Maintain ownership of assigned portfolios, providing ongoing reporting, operational support, and ad hoc analysis for portfolio managers and controllers

Qualifications:

  • Bachelor's degree in Finance, Economics, Business, Accounting, or related field (3.5 GPA or higher strongly preferred)
  • 0–2 years of experience, including internships in Operations or Treasury within a financial services firm
  • Familiarity with the syndicated loan market
  • Understanding of Loan Facility Agreements and related legal documentation
  • Experience processing credit events within internal systems
  • Working knowledge of general ledger functions
  • Exposure to loan, TRS, and fixed income settlements is a plus
  • Ability to work onsite in Manhattan five days per week
  • Open to starting in a temporary capacity with intent to convert full-time
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Loan Operations • New York, NY, US

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