Middle Office Loan Closer, Vice President
$145,000–$160,000 year
On-siteNew York City, New York, United States
Job Summary
Ensure all trades are booked, allocated, reviewed for accuracy, executed, and checked off for closing in ClearPar. Review LSTA standard documents and legal agreements, including Trade Confirms and Assignment Agreements, to verify assignability. Provide KYC packages and field questions for new accounts, escalating issues to front office, legal counsel, and management as needed. Maintain trade details accuracy through ClearPar and WSO, manage loan amendments, and track settlement timelines for primary, secondary, and distressed loans. Manage liquidity by corresponding with PMs and notifying the FX desk for funding requirements. Draft manual documents for direct trades, book trade fees, and submit invoices to custodians. Prepare metrics reporting for trading, portfolio management, and operations, including monthly/weekly updates to senior management on open trades and trading metrics.
Required Qualifications
- BA/BS in Business Administration / Finance concentration
- Minimum of 5 years of hands-on experience in CLO or leveraged loan operations within an investment management firm
- A minimum of 7 years of experience in investment operations
- Experience with ClearPar or WSO or similar platforms
- Experience managing operations professionals
- Candidates must be authorized to work in the US without current or future visa sponsorship or transfer
Desired Qualifications
- 5-8 years of bank loan-related experience
- Knowledge of Wall Street Office, Aladdin, and Bloomberg
- Loan closing experience
- Team-oriented individual with the ability to work well across diverse groups in a collaborative, dynamic team environment
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