Corps Team
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Caren Cohen
Bank Loan Services Analyst
Posted: 06/25/2024
2024-06-25
2024-08-17
Employment Type:
Contract
Industry: Financial Services
Job Number: 16975
Field of Expertise: Accounting & Finance
Remote Friendly: Hybrid Work Schedule
Job Description
Our client, a leading independent investment management firm, is seeking an experienced Bank Loan Services Analyst for a 6+ month contract in Downers Grove, IL. This position is hybrid with 3 days per week onsite.
The candidate for this position will be part of the Bank Loan Services group that will be responsible for assisting with the day-to-day support of the Bank Loan asset class that conducts business across various funds.
Key Responsibilities / Duties:
The candidate for this position will be part of the Bank Loan Services group that will be responsible for assisting with the day-to-day support of the Bank Loan asset class that conducts business across various funds.
Key Responsibilities / Duties:
- Support of cash reconciliation process to ensure accuracy and completeness of available data
- Maintenance of all bank loan activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in the Bank Loans systems
- Coordinate trade settlement of Primary & Secondary loan closings with external parties (Par & Distressed, LSTA & LMA)
- Liaison with trustees and agent banks in relation to issues and resolve problematic cash discrepancies with Custodians, Trustees, Agent Banks, and/or Seller Banks
- Administer WSO data fax service and liaison with service provider to resolve notice issues
- Perform daily maintenance of internal and external credit ratings
- Monitor compliance reporting to internal departments
- Systems testing of upgrades and enhancements
- Document process requirements
- Perform other projects or duties when needed
- Provide back up to other members of team
- 0-2 years of work experience post-graduation
- A solid understanding of the security market and mutual fund operations, is beneficial
- 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
- Self-motivated, ability to multi-task and complete tasks upon assignment
- Organizational skills necessary to meet deadlines, prioritize projects, and multi-task
- BA/BS required
Meet Your Recruiter
Caren Cohen
Recruiting Consultant
Caren joined Corps Team in 2021. Caren has over 20 years’ experience in advertising, public relations and customer care.
A graduate of the University of Georgia, Caren is a loyal Bulldogs fan and enjoys attending games with her husband Reece and two children, Jackson 20 and Dylan 17. She is dedicated to finding the right person for the position and is thrilled when she finds the ‘perfect fit’ for her clients. She is excited to be connecting amazing candidates with amazing companies.
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Ready to take the next step in your career? Explore our job opportunities in the vibrant area surrounding Downers Grove, Illinois. Nestled in the heart of the Prairie State, this region offers a perfect blend of suburban charm and urban convenience. Home to lush parks like Lyman Woods and the captivating Morton Arboretum, as well as renowned art galleries like the Cleve Carney Museum of Art, there is no shortage of inspiration here. Indulge in local delicacies like deep-dish pizza and Chicago-style hot dogs, then catch a show at the historic Tivoli Theatre. With proximity to professional sports teams like the Chicago Bulls and White Sox, as well as easy access to downtown Chicago's bustling cultural scene, endless opportunities for growth and success await you in the Downers Grove area. Explore our listings today and discover your next career adventure!