We are supporting a large hedge fund that is launching three new CLO vehicles and are currently seeking experienced candidates for Loan Operations and CLO roles. The ideal candidate will have a strong background in loan processing, settlements, and Clearpar, with a focus on global loan processing.
Responsibilities:
- Process bank loan-related transactions across portfolio management and related systems, including transfers, CLO & middle market closings, crosses, CTP, and terminations.
- Perform daily confirmation of Bank Loan trades, ensuring all transactions are accurately recorded.
- Compare details of loan trades against systems to ensure booking accuracy and verify details for bond, repo, and FX trades for CLO and Private Funds.
- Monitor and resolve trade-related cash/position breaks using dashboard tools.
- Provide fund administrators with settlement packages and related documentation, including Credit Agreements and other necessary information.
- Track loan amendments and process restructures in systems, maintaining communication with both internal and external stakeholders.
- Update and reconcile loan prices between systems, ensuring missing marks are backfilled and revolver and delayed draws are mapped correctly.
Required Qualifications:
- Minimum 2 years of experience in Loan Processing, Credit Operations, or Funds Administration.
- Strong understanding of global loan processing, particularly syndicated loans.
- Proficient in loan settlements and Clearpar, with a focus on CLO operations.
- Experience with portfolio management systems and trade reconciliation.
- Strong analytical and problem-solving skills, with the ability to resolve trade-related discrepancies.
- Excellent communication skills to interact effectively with internal teams and external stakeholders.
