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CIB - Custody Middle Office - Bank Loans

Req #: 180010306
Location: Brooklyn, NY, US
Job Category: Operations
Job Description:
Responsibilities:
  • Bank Loan Servicing:
    • Paydowns/Drawdowns
    • Interest rate resets
    • PIK interest calculations
    • Delayed Comp accruals / calculations
    • Trade settlements / wire processing
  • General Operations:
    • Position break resolution with offshore team
    • Cash break research / resolution with offshore team
    • P&L review / reconciliation with client
    • Audit requests (client and internal)
  • Operational Controls & Procedures:
    • Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation
    • Ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
    • Create, maintain and update procedures for client specific deliverables
    • On-going review of daily controls and communication of any new training or procedural changes to your team
  • Client Interaction:
    • Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties
    • Work closely with new business team and client through on-boarding process
    • Work closely with your clients to resolve queries and providing first level account service
 
Qualifications:
  • Bachelor degree required; preferably Finance, Accounting, or Economics
  • Thorough knowledge of the Bank Debt asset class, including Primary and Secondary market trading; some exposure to loan closing is preferred
  • Superior interpersonal skills
  • Excellent client service orientation and proven ability to deal with demanding clients
  • Ability to lead and manage high performing teams
  • Strategic thinker with proven track record
 
Requirements:
  • 2-4 years of direct Bank Debt / Leveraged Loan operations experience; exposure to Distressed loans is preferred but not required
  • Knowledge of LSTA/LMA standard docs, and exposure to EUR/Aussie Loans a plus
  • Knowledge of Advent Geneva is required; exposure to Wall Street Office, ClearPar, Bloomberg is a plus
  • Knowledge of investment vehicles related to Bank Debt (CLOs, private equity funds, etc) is a plus
  • Strong understand of accounting principles, specifically how Bank Debt transactions impact financial statements
  • Strong analytical skills
  • Superior communication skills
 

 

Responsibilities:
  • Bank Loan Servicing:
    • Paydowns/Drawdowns
    • Interest rate resets
    • PIK interest calculations
    • Delayed Comp accruals / calculations
    • Trade settlements / wire processing
  • General Operations:
    • Position break resolution with offshore team
    • Cash break research / resolution with offshore team
    • P&L review / reconciliation with client
    • Audit requests (client and internal)
  • Operational Controls & Procedures:
    • Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation
    • Ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
    • Create, maintain and update procedures for client specific deliverables
    • On-going review of daily controls and communication of any new training or procedural changes to your team
  • Client Interaction:
    • Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties
    • Work closely with new business team and client through on-boarding process
    • Work closely with your clients to resolve queries and providing first level account service
 
Qualifications:
  • Bachelor degree required; preferably Finance, Accounting, or Economics
  • Thorough knowledge of the Bank Debt asset class, including Primary and Secondary market trading; some exposure to loan closing is preferred
  • Superior interpersonal skills
  • Excellent client service orientation and proven ability to deal with demanding clients
  • Ability to lead and manage high performing teams
  • Strategic thinker with proven track record
 
Requirements:
  • 2-4 years of direct Bank Debt / Leveraged Loan operations experience; exposure to Distressed loans is preferred but not required
  • Knowledge of LSTA/LMA standard docs, and exposure to EUR/Aussie Loans a plus
  • Knowledge of Advent Geneva is required; exposure to Wall Street Office, ClearPar, Bloomberg is a plus
  • Knowledge of investment vehicles related to Bank Debt (CLOs, private equity funds, etc) is a plus
  • Strong understand of accounting principles, specifically how Bank Debt transactions impact financial statements
  • Strong analytical skills
  • Superior communication skills
 

 

Apply Now    
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