Loan Analyst
Phaxis - downers grove, IL
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The Loan Trade Analyst will manage the settlement of Primary & Secondary loan trades (Par, Distressed, LSTA, LMA) and other asset classes, such as Equities. This role involves handling high trade volumes, ensuring timely settlements, and maintaining strong relationships with key stakeholders, while driving operational efficiency and process improvements.Responsibilities:Coordinate loan trade settlements, including Par & Distressed, LSTA & LMA, and non-loan assets (e.g., Equities).Manage trade portfolios, with oversight of outsourced operations and support for complex trades.Resolve trade discrepancies and ensure timely settlements, mitigating risk and delays.Handle daily cash management and projections, particularly for CLO and Warehouse transactions.Build and maintain relationships with custodians, trustees, agent banks, and trade counterparts.Address position and reconciliation issues, ensuring accuracy in trade settlements.Implement operational improvements, with a focus on controls and best practices.Support process automation projects and collaborate on new product solutions.Qualifications:1-4 years of experience in syndicated loan trade settlements.Familiarity with LSTA, LMA, Clearpar, Markit Clear, WSO, and KYC requirements.Strong problem-solving and analytical skills.Bachelor's degree in accounting, business, economics, finance, or equivalent experience.
Created: 2024-11-01