Senior Associate, Loan Operations
SS&C Technologies Holdings
Senior Associate, Loan Operations
SS&C is looking for a Senior Associate to join our Loan Operations team. The candidate is responsible for monitoring and resolving cash and position discrepancies between the bank and agent banks for some of our largest loan clients. This includes performing root cause analysis, KPI reporting and coordinating break resolution with all parties. The ideal candidate will have experience in the Loan asset class as well as oversight and implementation of best reconciliation practices.
Locations: Union, NJ (Hybrid), New York, NY (Hybrid), Boston, MA (Hybrid), Dallas, TX (Hybrid)
How You Will Make an Impact
- Support the settlement process of primary loan syndications and secondary loan trades, including funding and documentation matters
- Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments (i.e.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan settlements
- Investigate and resolve closing and transactional issues in a timely manner
- Participate in the daily/weekly preparation and review of reports, metrics provided to our clients, senior managers to highlight status of trades and risks
- Train and mentor junior staff
Required Experience
- Bachelor's degree in finance or related discipline
- 2+ years financial services/securities industry managerial experience in operations and or loan operations. Working for either a prime broker, administrator or hedge fund
- Understanding of syndicated loans; including trade closings - LSTA market settlement conventions. Credit Agreements and their operational mechanics, i.e. funds flows, ticking fees, paydown, drawdowns as well as their interrelationship with agent bank, trading counterparties, custodians and trustee
What Sets You Apart
- Knowledge of ClearPar, WSO, and Advent Geneva experience a plus
- Strong written and verbal communication skills
- Proven ability to work under pressure and make deadlines
- Solid client relationship management skills
SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.
Applications will be accepted on an ongoing basis until the position is filled.
SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.
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