View All Jobs 121763
Bank Loan Services Analyst
Coordinate reconciliation of bank loan cash and position issues across internal and external systems
New York
Junior
$65
USD / hour
21 hours agoBe an early applicant
Phaxis
Provides specialized staffing and recruiting services across healthcare, technology, finance, and professional sectors for businesses and job seekers.
8 Similar Jobs at Phaxis
Job Summary
The candidate for this position will be part of the Bank Loan Services group that will be responsible for cash and position reconciliation, research, and resolution across a variety of investment vehicles that specialize in the Bank Loan asset class.
Key Responsibilities / Duties
- Coordinate trade settlement of Primary & Secondary loan closings with external parties.
- Maintenance of all bank loan activity in the Bank Loans systems.
- Research issues utilizing internal systems, agent notification, publicly available information, and Trustee records.
- Liaison with counterparties, trustees and agent banks in relation to issues and resolve problematic cash discrepancies.
- Initiate verbal or written communication to escalate issues.
- Track issue resolution, perform root cause analysis and identify controls gaps.
- Partner with team members to complete internal tasks.
- Document process requirements.
- Perform other projects or duties when needed.
- Provide back up to other members of team.
Work Experience / Knowledge
- 2+ years of work experience post-graduation.
- A solid understanding of the broadly syndicated loan market is required.
- Wall Street Office (WSO) knowledge is required.
- Background in accounting / finance preferred.
- Proficiency in Microsoft Office, specifically Excel is required.
- Good verbal, written, & analytical skills.
- Aptitude for detail and a commitment to accuracy.
- Good quantitative and qualitative analysis skills.
- Ability to work independently and follow through on projects.
- Creative problem solver willing to tackle difficult puzzles.
- Self-motivated, ability to multi-task and complete tasks upon assignment.
- Organizational skills necessary to meet deadlines, prioritize projects, and multi-task.
Formal Education
- BA/BS required.
About Phaxis
Provides specialized staffing and recruiting services across healthcare, technology, finance, and professional sectors for businesses and job seekers.