Loan Operations Specialist
$75 - $80 per hourThe Planet Group
Job Title: Analyst – Loan Operations
Location: New York, NY
Work Arrangement: Hybrid – 2–3 days onsite
Duration: Approximately 6 months, with possibility of extension
Pay Rate: $75–$80/hour
Job Summary
We are seeking an experienced Analyst – Loan Operations to support the day-to-day operations of a private credit portfolio. This role will focus on loan servicing, trade settlement, cash management, reconciliations, and resolving operational issues.
Responsibilities
- Process daily loan servicing activities, including agent notices, rate resets, rollovers, drawdowns, paydowns, PIK, and interest/fee accruals.
- Support settlement of syndicated and private loan trades, including document review and follow-up.
- Process cash and wires and investigate cash breaks.
Requirements
- 4–8 years of experience in loan operations, loan servicing, or middle-office operations .
- Experience with syndicated and private loan lifecycles.
- Knowledge of agent notices and rate-setting mechanics .
- Experience with private credit structures, including revolvers and delayed-draw facilities .
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