Loan Closer

New York, NY

Responsibilities

 

  • Booking, verifying, and resolving par loan trades
  • Evaluating and understanding standard documentation principally trade confirmations, transfer certificates and pricing letters
  • Coordinating with trade counterparties to guarantee well-timed settlement of trades
  • Assessing loan/credit documentation
  • Performing due diligence on trade counterparties
  • Management of covenants and reporting due dates
  • Constant management of active loan portfolio and processing within Wall Street Office
  • Coordinate with Front Office and internal legal to examine, discuss and carry out non-disclosure agreements.
  • Support headquarters to preserve transaction database, perform cash management and asset balance reconciliation
  • Formulation of internal documents/reports
  • Pinpointing and escalating matters to the Front Office, internal legal and management when needed

 

Requirements

 

  • At least one year of experience of Loan Closing function, or similar, within a financial institution
  • Good understanding of loan settlements procedure
  • Hands-on experience with ClearPar and WSO
  • Capability to revise and understand Credit Agreements
  • Proficiency in MS Office suite, specifically Excel and Word; Excel VBA programming skills would be a plus but not vital

 

 

 

 

Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.

Date Posted 2/17/2021
Salary Competitive







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