Logo
Ocean Spire

Loan Manager

Ocean Spire, Chicago, Illinois, United States

Save Job

1 week ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Responsibilities

Demonstrate product and functional knowledge of the bank loan market to communicate with business and trading counterparties;

Take a lead role in the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding and documentation matters.

Maintain a strong knowledge of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to.

Liaise with Administrative Agents with regard to KYC documentation, including administrative details, tax and fund formation documents.

Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions.

Participate in mentoring, training, and coaching of more junior team members.

Identify opportunities to improve technology and efficiency across the team.

Interact with internal and external counterparts such as Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers;

Investigate and resolve closing and transactional issues, communicating all issues in a timely manner;

Participate in the review of daily/weekly reports and metrics provided to clients to highlight status of trades and risks; and

Work in a dynamic team environment and participate in strategic initiatives.

Your Profile

Bachelor’s degree in finance, accounting, business, economics, or related filed;

5+ years of experience supporting the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding;

Ability to independently research and resolve complex problems;

Ability to work closely with internal groups and external clients;

Demonstrated analytic skills; strong working knowledge of fundamental financial/accounting/business concepts; and a strong, proactive interest in learning and mastering new concepts;

Demonstrated ability to prioritize and complete tasks while providing close attention to detail;

Experience in investment management operations and/or bank loan syndication a plus; and

Strong Microsoft Excel skills and experience, knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools.

Compensation The salary range for this role is $60K - $110K.

Seniority Level Mid-Senior level

Employment Type Full-time

Job Function Finance and Sales

Industries Technology, Information and Internet

Chicago, IL $100,000.00-$165,000.00 6 days ago

#J-18808-Ljbffr