Bank Debt and TRS Operations Analyst

Selby Jennings; New York (NY); Hybrid; USD 90,000 - 125,000; Full time

Job summary

A leading hedge fund is seeking a skilled Bank Debt and TRS Operations Analyst in New York. The role involves managing the full trade lifecycle and collaborating closely with traders and portfolio managers. Candidates should have a bachelor's degree, a minimum of three years of experience in finance, and familiarity with complex financial instruments. This full-time position offers competitive salary and hybrid working.

Qualifications

• Minimum of 3 years of relevant professional experience.
• Experience managing the full trade lifecycle for Bank Debt and Total Return Swaps.

Responsibilities

• Collaborate with trading, fund accounting, technology, and risk teams to manage trade lifecycle events.
• Oversee swap resets, trade bookings, and corporate action processing.
• Coordinate ClearPar timelines and finalize loan settlements.
• Set up and maintain loan instruments in Geneva.
• Identify operational inefficiencies and define solutions.
• Review daily TRS and loan-related transactions for accuracy.

Skills

Attention to detail

Prioritization

Familiarity with complex financial instruments

Education

Bachelor's degree in Finance, Economics, or related discipline

Job description

This range is provided by Selby Jennings. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $125,000.00/yr

Direct message the job poster from Selby Jennings

Recruitment Consultant Financial Operations

Job Title: Bank Debt and TRS Operations Analyst

Location: NYC or Norwalk, CT (hybrid)

Salary: $90k - $125k + Bonus

Summary:

We are representing a leading hedge fund seeking skilled trade operations professionals to join their expanding team. In this role, you will confirm and execute long-short trades promptly while handling additional tasks. You will collaborate with traders, portfolio managers, brokers, and other relevant parties, contributing to the team's market growth. The ideal candidate will have experience managing the full trade lifecycle for Bank Debt and Total Return Swaps.

Responsibilities

• Collaborate with trading, fund accounting, technology, and risk teams to manage all trade lifecycle events, with a focus on total return swaps (TRS) and bank debt.
• Oversee swap resets, trade bookings, corporate action processing, P&L inquiries, and daily reconciliations within Geneva.
• Coordinate ClearPar time lines and ensure timely finalization of loan settlements.
• Set up and maintain loan instruments in Geneva, including features such as payment-in-kind (PIK) interest and paydowns.
• Identify operational inefficiencies and partner with internal and external stakeholders to define and implement detailed solutions.
• Review daily TRS and loan-related transactions, positions, and cash reconciliations to ensure accuracy and completeness.

Qualifications

• Bachelor's degree in Finance, Economics, or a related discipline preferred.
• Minimum of 3 years of relevant professional experience.
• Familiarity with bank loans and other complex financial instruments.
• Exceptional attention to detail and strong ability to prioritize daily operational tasks effectively.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance

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