Accessibility Links

Loan Operations - Associate and AVP openings

  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Job reference: RTMYOCT25
  • Sector: Banking and Finance, Compliance, Corporate and Investment banking, Risk Management, Selby Jennings
  • Date posted: 26/10/2017
Title - Loan Operations - Associate to AVP openings
Location - Greater New York Area
Salary - AVP - 90,000 - 130,000
           - Associate - 60,000 - 85,000

A Tier 1 Global Investment Bank is currently building out a center of excellence for the Wholesale Loan Operations team. You will be supporting millions of financial transactions, worth billions globally. You will help to ensure that trades get to the right client and to the right account, at the right time, and cover the full spectrum of financial products, from bonds and equities to swaps and options.

Experience

AVP level
  • Manage a team of associates who are responsible for syndicated lending transactions and performing all the servicing activities
  • Verify the work of others, investigate and resolve complex cash breaks, position breaks, and escalating if necessary
  • Train and develop staff
  • Manage offshore 3rd party staff
Associate level
  • Manage a portfolio of syndicated lending transactions and perform all the servicing required
  • Take ownership of the MIS and reconcilements reports for the accounts you manage
  • Assess and review credit agreements, credit sanctions, and other client documents

Skills
  • AVP - 3+ years of experience / 1+ years management experience 
  • Associate - 1 year of financial industry experience
  • Knowledge of the Wholesale Lending Operations space - specifically syndicated lending, securitizations, letters of credit and municipal financing
  • Daily review and action of control and exception reports
  • Ensure breaks a researched and resolved 
  • Bachelors degree
  • Communication skills - AVP level will be leading a team and you will liaise with stakeholders. 
  • Experience with lending systems - ACBS, ClearPar, WSO, Loan IQ

If you are interested in learning more about this role then please apply with an updated resume in Word format. If this isn’t something you are interested in, feel free to share this advertisement with your colleagues or send over any referrals.
Similar jobs
Technology Investment Banking Associate
  • Job type: Permanent
  • Location: San Francisco
  • Salary: $90000 - $150000 per annum
  • Description My client, an elite boutique Investment Bank in San Francisco, is looking to make the hire of a Technology focused Investment banking Analyst or Associate...
Marketing Associate
  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Description An asset manager with $24B AUM is seeking a Marketing Associate for their New York office. As the firm is looking to expand their marketing...
Valuations AVP/VP | Asset Management & Private Equity | Singapore
  • Job type: Permanent
  • Location: Singapore
  • Salary: $120000 - $180000 per annum, Benefits: Attractive Bonuses & Benefits
  • Description My client is a leading Global Financial Services firm with strong presence across Asia Pacific. We are hiring an AVP/VP Valuations role to be based...
Soft Commodities Trade Execution Specialist – Amsterdam
  • Job type: Permanent
  • Location: Amsterdam
  • Salary: Competitive
  • Description Soft Commodities Trade Execution Specialist – Amsterdam An international trade house is currently looking to expand their sugar desk in the Netherlands. Candidates must
Senior Marketing Associate
  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Description A global asset manager, with $47B in AUM, which provides equity strategies for institutional clients, is seeking a Senior Marketing Associate.  This will play a...