Analyst - Global Fund Services Bank Loans Administration

Bank Loan Administration is responsible for trade instruction capture, settlements, and lifecycle events for bank loan assets under Fund Services. The team partners with various internal and external parties, including but not limited to, fund accounting, client services, fund managers, as well as agent banks. 

As an Analyst within the Bank Loan Administration team, you will play a crucial role in managing the trade instruction capture, settlements, and lifecycle events for bank loan assets within our Fund Services division. You will work closely with a network of internal and external partners, including fund accounting, client services, fund managers, and agent banks, to ensure seamless operations and exceptional client service.

Job responsibilities:

• Understand of all aspects of loan or deal administration functions (including all aspects of funding).
• Oversee bank loans life cycle events including paydown, drawdown, interest rate resets, payment-in-kind interest calculations, delayed compensation accruals / calculations and trade settlements
• Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties. Work closely with your clients to resolve queries and providing first level account service
• Create, maintain and update procedures for client specific deliverables
• Review of daily controls and communication of any new training or procedural changes to the team; ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
• Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation; work cooperatively and effectively with others to set goals, resolve problems and make decisions that enhance organizational effectiveness
  
• Assist in testing and implementation of system enhancements as required

Required qualifications, capabilities, and skills:

• Bachelor’s degree
• Knowledge of the bank debt asset class, including primary and secondary market trading
• Demonstrate ability to think analytically, logically and proactively identify issues and implement solutions
• Excellent interpersonal skills and a strong customer service orientation
• Strong organizational skills, concern for quality and accuracy, as well as meeting strict deadlines

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• A willingness to work hard and go beyond expectations

Preferred qualifications, capabilities, and skills:

• Minimum one year of direct bank debt/leveraged loan operations experience; exposure to distressed loans and / or loan closing
• Knowledge of LSTA/LMA standard documents, such as Trade Confirmations
• Knowledge of financial data providers such as Bloomberg, ClearPar, and IHS Markit; investment vehicles related to bank debt (CLOs, private equity funds, etc.)
• Strong understand of accounting principles, specifically how bank debt transactions impact financial statements
• Degree preferably Finance, Accounting, or Economics