Senior Associate, Loan Operations

1 Month ago • 2 Years + • Operations • $61,000 PA - $90,000 PA

Job Summary

Job Description

The Senior Associate, Loan Operations role involves supporting the settlement process for primary loan syndications and secondary loan trades, including funding and documentation. The role requires significant interaction with senior management, clients, trading counterparties, agent banks, custodians, and other departments. Key responsibilities include investigating and resolving closing and transactional issues, preparing and reviewing reports, and training junior staff. The ideal candidate should have a strong understanding of syndicated loans and excellent communication skills. The company offers a hybrid work model and various benefits such as flexibility, 401k matching, and professional development reimbursement.
Must have:
  • 2+ years of financial services/securities managerial experience.
  • Understanding of syndicated loans.
  • Bachelor's degree in finance or a related discipline.
  • Strong written and verbal communication skills.
  • Ability to work under pressure and meet deadlines.
  • Solid client relationship management skills.
Good to have:
  • Knowledge of ClearPar, WSO, and Advent Geneva is a plus.
Perks:
  • Hybrid Work Model and Business Casual Dress Code
  • 401k Matching Program
  • Professional Development Reimbursement
  • Flexible Personal/Vacation Time Off
  • Sick Leave, Paid Holidays
  • Medical, Dental, Vision, Employee Assistance Program, Parental Leave
  • Discounts on fitness clubs, travel and more!

Job Details

As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Job Description

Senior Associate, Loan Operations

Locations: Union, NJ | | Hybrid 

Get To Know The Team: 

SS&C is leading the way.  We continue to look for todays and tomorrow’s brightest talent, those that embody a spirit to improve not only their lives, but those around them. From college students to seasoned and experienced professionals, we encourage you to apply. SS&C prides itself on hiring diverse, honest, dynamic individuals, who value collaboration, accountability, and innovation to name a few. 

Why You Will Love It Here!

  • Flexibility: Hybrid Work Model and Business Casual Dress Code, including jeans
  • Your Future: 401k Matching Program, Professional Development Reimbursement
  • Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
  • Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
  • Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
  • Training: Hands-On, Team-Customized, including SS&C University
  • Extra Perks: Discounts on fitness clubs, travel and more!

What You Will Get To Do: 

  • Support the settlement process of primary loan syndications and secondary loan trades, including funding and documentation matters 
  • Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments (i.e.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan settlements 
  • Investigate and resolve closing and transactional issues in a timely manner 
  • Participate in the daily/weekly preparation and review  of reports, metrics provided to our clients, senior managers to highlight status of trades and risks 
  • Train and mentor junior staff 

What Will You  Bring

  • Bachelor's degree in finance or related discipline  
  • 2+ years financial services/securities industry managerial experience in operations and or loan operations. Working for either a prime broker, administrator or hedge fund  
  • Understanding of syndicated loans; including trade closings - LSTA market settlement conventions. Credit Agreements and their operational mechanics, i.e. funds flows, ticking fees, paydown, drawdowns as well as their interrelationship with agent bank, trading counterparties, custodians and trustee 
  • Knowledge of ClearPar, WSO, and Advent Geneva experience a plus  
  • Strong written and verbal communication skills  
  • Proven ability to work under pressure and make deadlines  
  • Solid client relationship management skills 

Thank you for your interest in SS&C! To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com/careers. 

#LI-Hybrid 

#LI-TR1

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

SS&C offers excellent benefits including health, dental, 401k plan, tuition and professional development reimbursement plan.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.

Salary is determined by various factors including, but not limited to, relevant work experience, job related knowledge, skills, abilities, business needs, and geographic regions.

NY: Salary range for the position: $61,000 USD to $90,000 USD.

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About The Company

As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

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