Loan Closer

1 day ago

Bengaluru, Karnataka, India ThoughtFocus Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Position Summary:

We are seeking an Associate Bank Loan Closer with 5 years of experience, preferably acquired at a buy-side firm, and solid bank loan settlement experience. This is a great opportunity for anyone looking to learn and interact across our Middle Office teams. In addition, you will have exposure and interaction with our trading desk.

Responsibilities:

  • Oversight of all bank loan settlements based on the assigned issuers including -
  • Managing open trades with counterparties / agents for execution
  • Cash management across warehouses / funds ahead of settlements
  • Weekly open trade reporting
  • Working with vendor regarding all bank loan settlements and answering queries

Qualifications:

  • 3-5 years in a similar role at a buy-side firm.
  • Excellent communications skills
  • Strong Excel and technology skills
  • Knowledge of bank loan operations
  • Knowledge of Bank Loan closings, restructurings, and other non-vanilla transactions
  • Knowledge of Wall Street Office administrator or other portfolio administration system modules is strongly preferred

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