Associate Manager, Loan Operations

SS&C Technologies; San Francisco (CA); Hybrid; USD 85,000 - 125,000; Full time

Benefits offered by this job

401k Matching Program

Professional Development Reimbursement

Medical, Dental, Vision benefits

Employee Assistance Program

Parental Leave

Discounts on fitness clubs and travel

Job summary

A leading financial services company based in San Francisco is seeking an Associate Manager, Loan Operations. This role involves managing daily cash and position reconciliations, coordinating with clients and custodians, and leading a team of analysts. The ideal candidate will possess a Bachelor's degree in finance, along with over 5 years of relevant experience in the financial services industry. The position offers a hybrid work model and a comprehensive benefits package.

Qualifications

• 5+ years financial services/securities industry experience.
• Understanding of syndicated loans and their maintenance.
• Proven ability to meet deadlines.

Responsibilities

• Monitor and resolve cash and position discrepancies.
• Oversee a team of analysts for reconciliations.
• Prepare KPIs to track trends and workflow issues.

Skills

Financial services experience

Operations in loan operations

Client relationship management

Communication skills

Ability to work under pressure

Education

Bachelor's degree in finance or related discipline

Tools

WSO

LoanSERV

Clearpar

Job description

Overview

Associate Manager, Loan Operations based in San Francisco, CA (Hybrid). Salary range: $85,000.00/yr - $125,000.00/yr. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Get To Know The Team

SS&C is looking for an Associate Manager to join our Loan Operations team. The candidate is responsible for monitoring and resolving cash and position discrepancies between the bank and agent banks for some of our largest loan clients. This includes performing root cause analysis, KPI reporting and coordinating break resolution with all parties. The ideal candidate will have experience in the Loan asset class as well as oversight and implementation of best reconciliation practices.

Why You Will Love It Here

• Flexibility: Hybrid Work Model and Business Casual Dress Code, including jeans
• Your Future: 401k Matching Program, Professional Development Reimbursement
• Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
• Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
• Training: Hands-On, Team-Customized, including SS&C University
• Extra Perks: Discounts on fitness clubs, travel and more

What You Will Get To Do

• Assume responsibility over the daily Position/Transaction and Cash reconciliations of multiple accounts to Custodians/Clients & Agent banks.
• Work closely with the Client, internal teams, and custodians/agents to ensure timely resolution of breaks and issues and mitigate risk for our clients.
• Oversee a team of analysts and build strong reconciliations processes and procedures. Ensure team adheres to best business practices of the firm.
• Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues.
• Review root cause analysis to make recommendations to improve processes, create efficiencies and mitigate risk.

What You Will Bring

• Bachelors degree in finance or related discipline
• 5+ years financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund
• Understanding of syndicated loans; including closing and maintenance of loans as well as the interrelationship with agent banks
• Knowledge of WSO, LoanSERV and Clearpar a plus
• Strong written and verbal communication skills
• Proven ability to work under pressure and make deadlines
• Solid client relationship management skills

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Customer Service

Thank you for your interest in SS&C!