Summary
Our client, a prominent asset management firm specializing in corporate and structured credit markets, is expanding their bank debt and loan operations team.
Company Information:
A prominent asset management firm specializing in corporate and structured credit markets is expanding their bank debt and loan operations team.
Job Description:
- Liaise with Third party servicer to ensure accuracy of all Bank Debt security type data points.
- Analyze and maintain system accuracy in relation to interest payments, contract rollovers, paydowns, PIK’s, drawdowns and restructures
- Monitor participations/collateral payments
- Reconcile and review P&I cash for select CLO/Warehouses on a quarterly basis, working with Trustees, Administrator to resolve differences
- Work with external Counterparties, Agents, Trustees and Administrators to resolve trade settlement issues and/or ensure accuracy of positions
- Monitor daily cash reconciliations and resolve discrepancies with external parties
- Liase with Tax team and process cashless restructures in timely manner
- Analyze and review CLO compliance tests for monthly report determination and waterfall distributions
- Work within team environment to complete EOD processes
Requirements / Qualifications:
- 5+ years of experience in Bank Loan Operations
- Prior experience at hedge fund or fund admin, or investment bank, a plus
