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:
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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
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Serve as a liaison between borrowers and lender group in a loan agency capacity
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Interact closely with various parties including trustees/custodian banks, portfolio managers, traders, and analysts
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Perform other duties, as needed
Qualifications:
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1+ years of related work experience in a Financial Services setting
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Bachelor's Degree
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Experience with Loan Trade Settlement, both par and distressed
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Experience with daily Loan Administration, including the amendment process
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Bank Debt / Loan Operations experience
- Sell Side experience
Desired Skills:
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Previous experience in a Buy Side setting
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Experience with Cash and Position Reconciliation
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Experience with reconciliations of monthly CLO reports and waterfalls with multiple CLO trustees, including reconciling position data such as ratings, spreads, amorts, etc.
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Wall Street Office Administrator experience