Fund Servicing Associate I - Global Fund Services Bank Loans
On-site · Tampa, Florida, United States
Job Summary
Fund Servicing Associate I within the Bank Loan Administration team will manage trade instruction capture, settlements, and lifecycle events for bank loan assets within Fund Services. You will collaborate with fund accounting, client services, fund managers, and agent banks to ensure seamless operations and excellent client service. Responsibilities include understanding all loan or deal administration functions, handling life cycle events (paydown, drawdown, interest rate resets, payment-in-kind calculations, delayed compensation accruals, and trade settlements), building relationships with Investment Managers and third parties, creating and updating procedures for client deliverables, reviewing daily controls, communicating changes, ensuring deadline-driven work with proper documentation, and assisting in testing and implementation of system enhancements. The role requires strong communication, attention to detail, time management, multi-priority handling, adaptability, and proactive issue resolution.
Required Qualifications
- Bachelor’s degree, with minimum 2 years relevant work experience in bank debt / leveraged loan operations
- Excellent communication and relationship/partnership-building skills both with team members as well as other business partners
- Strong attention to detail with a control mindset, time management, planning skills and the ability to handle multiple competing priorities
- Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
- Strong decision-making skills, ability to identify problems and propose solutions. Exhibit initiative to raise issues to appropriate/relevant parties when needed
- Knowledge of LSTA/LMA standard documents, such as Trade Confirmations
- Knowledge of financial data providers such as Bloomberg, ClearPar, and IHS Markit; investment vehicles related to bank debt (CLOs, private equity funds, etc.)
- Strong understand of accounting principles, specifically how bank debt transactions impact financial statements
- Bachelor’s degree, preferably Finance, Accounting, or Economics
Apply with one swipe on Sorce. We auto-fill applications and apply on your behalf — no cover letters, no 40-minute forms.
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.