Loan Operations Specialist

2iSolutions Inc.; Sherbrooke; Remote; CAD 70,000 - 90,000; Full time

Job summary

A leading company in the financial sector is seeking a Leveraged Loan Trading and Loan Servicing Operations Specialist for a remote contract position. The role involves managing trading operations, coordinating loan closing and settlement processes, and providing comprehensive support in loan servicing. The ideal candidate should have a strong background in loan operations and expertise in key financial platforms to enhance operational efficiency.

Qualifications

• Extensive experience in operations roles related to leveraged loans.
• Hands-on experience in trading and transaction processing.
• Ability to manage complex transactions and reconcile aged breaks.

Responsibilities

• Manage end-to-end operations of loan trading.
• Investigate and resolve backlog of aged trades.
• Coordinate loan closing and settlement processes.

Skills

Expertise in Leveraged / Syndicated loan trading

Analytical skills

Problem-solving skills

Tools

ClearPar

ACBS

LoanIQ

WSO

SyndTrak

Job description

We are seeking multiple candidates for long term remote contract positions starting ASAP.

The Leveraged Loan Trading and Loan Servicing Operations Specialist will have extensive hands-on experience in operations roles. The ideal candidate will possess deep expertise in both primary and secondary market trading, loan closing and settlements , cash and reconciliation processes, and loan servicing . This role requires a detail-oriented professional who can seamlessly navigate the complexities of leveraged loan operations .

Must-have skills :

• Expertise in Leveraged / Syndicated loan trading and servicing operations
• Expertise in primary and secondary loan trading lifecycle activities and workflow (booking, matching, closing, settlements, post-close)
• Has performed in operations role(s) in trade and transaction processing, investigations, reconciliations, and coordination experience
• Analytical and problem-solving skills to review and resolve complex aged breaks through interrogation and reconstruction of trade and servicing transactions
• Expertise (as a functional user) of core platforms leveraged in the workflow : ClearPar, ACBS / LoanIQ / WSO, SyndTrak

Key Responsibilities :

• Manage the end-to-end operations of leveraged loan trading, including primary and secondary market transactions.
• Own (investigate and resolve) backlog of aged trades and servicing related breaks
• Coordinate the loan closing and settlement process, ensuring accuracy and timeliness.
• Handle cash management tasks, including reconciliation and processing of cash flows.
• Maintain accurate records of all loan transactions and perform regular audits for compliance and accuracy.
• Provide comprehensive loan servicing support, including responding to client inquiries, loan modifications, and managing covenant compliance.
• Collaborate with internal stakeholders and external counterparties to resolve any operational issues promptly.
• Implement and optimize operational processes to enhance efficiency and reduce risk.

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