Loan Closing AVP - New York

Location: New York

Role Type: Full-Time

We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank. You will be working as part of a fast-paced Loan Closing team, communicating with multiple teams internally and externally. We are looking for someone with commercial loans experience (bilateral and syndicated loans) and loan lifecycle knowledge. The ideal candidate will also have a good understanding of Par and Distressed deals.

• Coordinate and manage the closing process for all loan trades from trade date to settlement, resolving escalations such as trade discrepancies, cancellations, rebookings, adjustments, and participations.

• Review required documentation, ensuring compliance with regulatory standards and internal guidelines.

• Verify the accuracy of trade documentation, including confirmations, assignment agreements, participation documents, and funding memos.

• Confirm financial calculations such as delayed compensation, cost of carry, and commitment reductions.

• Manage corporate actions related to loan trades, including processing, tracking, and reporting adjustments or changes affecting loans.

• Troubleshoot trade discrepancies, maintain trade status updates, and escalate issues as needed.

• Complete daily and escalation reports, including delayed compensation, unallocated/pulled trades, fee reconciliations, and block allocations.

• Collaborate with counterparties, servicing teams, and traders to ensure seamless operations and compliance.

Coordinate and manage the closing process for all loan trades from trade date to settlement, resolving escalations such as trade discrepancies, cancellations, rebookings, adjustments, and participations.

Review required documentation, ensuring compliance with regulatory standards and internal guidelines.

Verify the accuracy of trade documentation, including confirmations, assignment agreements, participation documents, and funding memos.

Confirm financial calculations such as delayed compensation, cost of carry, and commitment reductions.

Manage corporate actions related to loan trades, including processing, tracking, and reporting adjustments or changes affecting loans.

Troubleshoot trade discrepancies, maintain trade status updates, and escalate issues as needed.

Complete daily and escalation reports, including delayed compensation, unallocated/pulled trades, fee reconciliations, and block allocations.

Collaborate with counterparties, servicing teams, and traders to ensure seamless operations and compliance.