An investment advisory firm in New York City is looking to fill an immediate need with the addition of a new Bank Debt Associate to their team.
Responsibilities:The Bank Debt Associate will:
- Manage Wall Street Office database (e.g. trade input, settlement, and income processing and reconciliation), cash flow management, and report generation in support of internal and external market participants
- Serve as a liaison between borrowers and lender group in a loan agency capacity
- Interact closely with various parties including trustees/custodian banks, portfolio managers, traders, and analysts
- Perform other duties, as needed
Qualifications:
- 1+ years of related work experience in a Financial Services setting
- Bachelor's Degree
- Experience with Loan Trade Settlement, both par and distressed
- Experience with daily Loan Administration, including the amendment process
- Bank Debt / Loan Operations experience
- Sell Side experience
Desired Skills:
- Previous experience in a Buy Side setting
- Experience with Cash and Position Reconciliation
- Experience with reconciliations of monthly CLO reports and waterfalls with multiple CLO trustees, including reconciling position data such as ratings, spreads, amorts, etc.
- Wall Street Office Administrator experience