Our client, a leading independent investment management firm, is seeking an experienced Bank Loan Analyst for an 6+ month contract in Downers Grove, IL. This role is hybrid with 4 days per week onsite and 1 day remote."Bank Loan" for this role refers specifically to the ASSET CLASS - a distinct segment of the capital markets that includes syndicated leveraged loans, Collateralized Loan Obligation administration, and structured credit operations. Candidates must demonstrate familiarity with the bank loan asset class as an investment product.
OVERVIEW: As a premier global investment organization the Bank Loan Team offers a full product line of investment options to both institutional and retail investors. This opportunity with the Bank Loan Oversight and Administration Team will provide support to the portfolio management and investment team covering various reporting areas, trade support and settlement efforts. IDEAL BACKGROUNDSExperience at a fund administrator, asset manager, CLO manager, institutional bank, or structured credit firm supporting bank loan / syndicated loan portfolios Trade settlement and trade support - coordinating with agent banks, trade counterparties, and internal trading desksCLO or CDO portfolio administration - OC/IC compliance testing, waterfall calculations, interest/principal distributions, cash reconciliation Reporting and data analysis - production of scheduled reporting deliverables for investment teams, legal & compliance, and external clients Data quality and integrity management across loan portfolios Experience supporting business integration, system transitions, or operational build-outs - data comparison, report generation, process documentationKEY RESPONSIBILITIESProduce various scheduled reporting deliverables for internal clients, including, but not limited, to the investment team, reporting team members, legal & compliance. Ability to work as part of a team to ensure the group provides top-tier service to both internal and external clients and service providers. Work in support of the trader to ensure that all trading activity is being efficiently and accurately entered in a timely manner in support of ISSMs products. Collectively work with the trade closing team to assist in the coordination and facilitation of settlement efforts. Liaison with traders, trade counter parties and agent banks. Support the team to ensure and maintain the data quality and integrity of the critical information that supports the business. Complete data mining, from a variety of internal & external sources, and analysis for Bank Loan clients.
QUALIFICATIONS: “Must Haves”Bachelor’s Degree required 2+ years of related work experience Familiarity and experience with bonds and bond settlementsA solid understanding of the security/loan market (LMA) and fund operations Proficient user of Microsoft Office, Excel, Access and Word Hands-on use of Wall Street Office (WSO) / Allvue-Everest, Clear Par, LoanIQ, Solvas, or equivalent loan management systems in an INVESTMENT OPERATIONS or TRUST OPERATIONS contextSUCCESSFUL TRAITSAptitude for detail and a strong commitment to accuracy Excellent quantitative and qualitative analysis skills Ability to conduct analysis and present data in a meaningful way Collaborative team player Ability to work independently and follow through on projects Self-motivated, ability to multi-task and complete tasks upon assignment Open-minded, flexible, and willing to listen for other people’s opinions Excellent verbal and written communication skills and effective interpersonal skillsPREFERENCES – “Nice to Haves”Experience in a reporting / product oversight role is plus Experience in the investment management space is a plus Pay Rate $43.00 - $45.00 per hour.

Also on the board Same function, level within a rung

Level

Senior

Salary

$43.00 - $45.00 per hour

Location

Downers Grove, IL

Occupation

Credit Analysts

Industry

Portfolio Management and Investment Advice

Posted

2 days ago

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