Fund Servicing Analyst - Global Fund Services Operations Bank Loans

Bank Loan Administration is responsible for capturing trade instruction, settlements, and lifecycle events for bank loan assets under Fund Services. The team partners with various internal and external parties, including but not limited to, fund accounting, client services, fund managers, as well as agent banks. 

As a Fund Servicing Analyst / Associate within the Bank Loan Administration team, you will play a crucial role in managing the trade instruction capture, settlements, and lifecycle events for bank loan assets within our Fund Services division. You will work closely with a network of internal and external partners, including fund accounting, client services, fund managers, and agent banks, to ensure seamless operations and exceptional client service.

Job responsibilities

• Understand of all aspects of Syndicated/Private loan or deal administration functions (including all aspects of funding)


• Be responsible for the bank loan life cycle events including paydown, drawdown, interest rate resets, payment-in-kind interest calculations, delayed compensation accruals / calculations and trade settlements


• Understand all aspects of reconciliations (Position/stock and Cash)


• Develop a thorough knowledge of our client base and build relationships with Investment Managers and other related third parties. Work closely with your clients to resolve queries and provide first level account service


• Create, maintain and update procedures for client specific deliverables


• Review of daily controls and communication of any new training or procedural changes to the team; ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups


• Ensure all scheduled work is completed by agreed deadlines, checklists are signed, and files contain all required documentation; work cooperatively and effectively with others to set goals, resolve problems, and make decisions that enhance organizational effectiveness


• Assist in testing and implementation of system enhancements as required

Required qualifications, capabilities, and skills

• Bachelor’s degree in Finance or Accounting , with minimum 2 years’ relevant work experience in bank debt / leveraged loan operations


• Excellent communication and relationship/partnership-building skills both with team members as well as other business partners


• Strong attention to detail with a control mindset, time management, planning skills and the ability to handle multiple competing priorities


• Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment


• Strong decision-making skills, ability to identify problems and propose solutions. Exhibit initiative to raise issues to appropriate/relevant parties when needed

Preferred qualifications, capabilities, and skills

• Knowledge of LSTA/LMA standard documents, such as Trade Confirmations


• Knowledge of financial data providers such as Mainframe applications, Bloomberg, Virtus ,  Clear Par, and IHS Markit; investment vehicles related to bank debt (CLOs, private equity funds, etc.)


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  Strong understanding of accounting principles, specifically how bank debt transactions impact financial statements