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Associate, Syndicated Loan Administrator II
3 months ago
Associate, Syndicated Loan Administrator II
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of ASSOCIATE, SYNDICATED LOAN ADMINISTRATOR II, to join our CLIENT SERVICE team of the CORPORATE TRUST ORGANIZATION. This role is located in PUNE, MH and will work a HYBRID schedule (3days per week in-office required).
In this role, you’ll make an impact in the following ways:
- Manages the day-to-day servicing needs for a portfolio of syndicated loans.
- Responsible for administering and servicing syndicated loan activities, such as handling advances, payments, rate pricing, and fees.
- Working within Debt Funds Market Servicing SPVs and Funds
- Research and resolve loan related issues, manage complex client inquiries and requests, identifies, investigates and resolves escalated and/or complex problem loans.
- Professional and timely handling of internal and external inquiries
- Cash Flow and Cash reconciliation of client operating accounts
- Loan/Bond Trade Processing and Data Reconciliation across client portfolios
- SVP and Fund Reporting at deal level
- Monitor receipt and disbursement of funds through to settlement
- Liaison with internal support teams, such as Loan Operations, Custody Operations, and Cash Operations
- Act as support to the Client Service Manager who has overall responsibility for ensuring that the duties as contracted are being provided by BNY
- Effective collaboration with external parties, including but not limited to, portfolio managers, loan agents, trading counterparties, auditors, and rating agencies
- Ensure all processes are in accordance with the Firm, Corporate Trust policies, and standard business practices
- Solve complex problems based on an understanding and knowledge of the intricacies of the loan system.
- Ability to read and interpret commercial loan agreements and legal documents, as necessary.
- May allocate/coordinate work within a team/project, and employ subject matter and industry expertise within defined areas
To be successful in this role, we’re seeking the following:
- Bachelor’s degree or the equivalent combination of education and experience is required.
- 7-10 years of total work experience is preferred.
- Ability to manage multiple tasks and work effectively across groups globally within the organization.
- 3-5 years of directly related experience with syndicated loans and/or comparable experience is required.
- Experience with Loan IQ is strongly preferred.
- Fluent spoken and written English language skills is essential
- Experience in financial services - knowledge of Loan Administration, Syndicated Loans and/or Structured Finance is essential
- Excellent Excel Skills are required
- Experience working within a global team environment
- Proven track record of working within a team that delivers against deadlines and client deliverables
- Adaptability (ability to modify approach as situations change, and to easily accept changes to own organization or job requirements)
- Strong decision-making skills
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.