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CIFC Asset Management

Associate Bank Loan Closer (New York)

CIFC Asset Management, New York, New York, United States, 10261

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CIFC Asset Management LLC (together with its affiliates, CIFC) is a corporate and structured credit investment firm serving institutional investors globally. The firm manages over $45 billion in assets across collateralized loan obligations, corporate credit funds, structured credit funds, and separately managed accounts. CIFCs investors include pension funds, sovereign wealth funds, endowments, insurance companies, banks, and family offices. The firm emphasizes fundamental credit analysis, whereby CIFCs highly experienced investment research team applies industry expertise and knowledge of leveraged finance to assess risk.

Position Summary: Seeking an Associate Bank Loan Closer with 3-5 years of experience, preferably acquired in a buy-side firm, and solid CLO Middle Office experience. This is a great opportunity for anyone looking to learn and grow with our Middle Office team.

Responsibilities: Oversight of all bank loan settlements based on the assigned issuers including: Managing open trades with counterparties / agents for execution Cash management across warehouses / funds ahead of settlements Weekly open trade reporting Working with vendor regarding all bank loan settlements and answering queries

Qualifications: 3-5 years in a similar role at a buy-side firm. Excellent communications skills Strong Excel and technology skills Knowledge of bank loan operations Knowledge of Bank Loan closings, restructurings, and other non-vanilla transactions Knowledge of Wall Street Office administrator or other portfolio administration system modules is strongly preferred