Bank Loan Operations Analyst

ICON Consultants, LP; Downers Grove (IL); On-site; USD 55,000 - 61,000; Full time

Job summary

ICON Consultants, LP seeks a Bank Loan Operations Analyst to support syndicated loan and structured credit portfolios in a fast-paced investment environment. The role focuses on the Bank Loan Asset Class, including administration, settlement, reporting, and operational oversight of loan portfolios.

The ideal candidate will bring experience from asset managers, fund administrators, corporate trusts, or institutional banks, contributing to onboarding, system integrations, and process improvements

Qualifications

• 2+ years of experience supporting bank loan, syndicated loan, CLO, structured credit, or investment operations functions
• Bachelor's Degree (required)
• Strong attention to detail and ability to manage multiple deadlines
• Advanced Excel skills preferred
• Experience in asset management, fund administration, corporate trust, or structured credit platforms is a plus

Responsibilities

• Support operational activities related to syndicated loan and leveraged loan portfolios
• Coordinate trade settlements with agent banks, counterparties, custodians, and internal investment teams
• Process loan trade activity, assignments, amendments, restructurings, and cash movements
• Monitor and resolve settlement breaks, trade exceptions, and data discrepancies
• Maintain portfolio data integrity across loan accounting and portfolio management systems
• Perform cash and position reconciliations for loan portfolios
• Generate recurring and ad hoc reporting for portfolio managers, clients, compliance teams, and senior leadership
• Assist with operational onboarding of new funds, portfolios, and transactions
• Support business integration initiatives, system conversions, operational migrations, and process improvements
• Work closely with portfolio management, legal, compliance, accounting, trustees, custodians, and external service providers
• Ensure accurate documentation and compliance with internal controls and operational procedures

Skills

Syndicated Loan Operations

Leveraged Loan Administration

CLO Administration

Structured Credit Operations

Investment Operations

Loan Trade Settlement

Data Reconciliation

Cross-functional collaboration

Education

Bachelor's Degree

Tools

Loan IQ

ClearPar

Wall Street Office

Allvue / Everest

Solvas

Geneva

eFront

Investran

Bloomberg

Job description

Syndicated Loans | CLO Administration | Investment Operations

Location: Downers Grove, IL 60515 (4 Days Onsite)

Pay Rate: $40.00 – $44.00/hour

Duration: 8-Month Contract

Overview

We are seeking a Bank Loan Operations Analyst to support the operational management of syndicated loan and structured credit portfolios within a fast-paced investment environment.

This position is focused on the Bank Loan Asset Class and requires experience supporting leveraged loans, syndicated loan settlements, CLO administration, structured credit operations, or related investment operations functions.

This is NOT a traditional commercial banking, mortgage lending, SBA lending, or loan processing role.

The ideal candidate will have experience working for an asset manager, fund administrator, corporate trust organization, institutional bank, or structured credit platform supporting the administration, settlement, reporting, and operational oversight of bank loan portfolios.

Key Responsibilities

• Support operational activities related to syndicated loan and leveraged loan portfolios
• Coordinate trade settlements with agent banks, counterparties, custodians, and internal investment teams
• Process loan trade activity, assignments, amendments, restructurings, and cash movements
• Monitor and resolve settlement breaks, trade exceptions, and data discrepancies
• Maintain portfolio data integrity across loan accounting and portfolio management systems
• Perform cash and position reconciliations for loan portfolios
• Generate recurring and ad hoc reporting for portfolio managers, clients, compliance teams, and senior leadership
• Assist with operational onboarding of new funds, portfolios, and transactions
• Support business integration initiatives, system conversions, operational migrations, and process improvements
• Work closely with portfolio management, legal, compliance, accounting, trustees, custodians, and external service providers
• Ensure accurate documentation and compliance with internal controls and operational procedures

Preferred Experience

Strong Candidates Will Have Experience In One Or More Of The Following:

• Syndicated Loan Operations
• Leveraged Loan Administration
• CLO Administration
• Structured Credit Operations
• Corporate Trust Operations
• Loan Trade Settlement
• Investment Operations
• Credit Operations
• Loan Agency Services

Preferred Systems Experience

Experience with one or more of the following platforms is highly preferred:

• Loan IQ
• ClearPar
• Wall Street Office (WSO)
• Allvue / Everest
• Solvas
• Geneva
• eFront
• Investran
• Bloomberg

Ideal Backgrounds

Candidates with experience at organizations such as:

• BNY Mellon Corporate Trust
• Alter Domus
• State Street
• Northern Trust Investor Services
• U.S. Bank Corporate Trust
• JPMorgan Syndicated Finance / Agency Services
• BMO Syndicated Loans
• Antares Capital
• Barclays Loan Agency
• S&P Global (WSO Operations)
• FIS Structured Finance Reporting
• Asset Managers
• CLO Managers
• Institutional Banks

Qualifications

• Bachelor's Degree required
• Finance, Accounting, Economics, or related discipline preferred
• 2+ years of experience supporting bank loan, syndicated loan, CLO, structured credit, or investment operations functions
• Strong attention to detail and ability to manage multiple deadlines
• Advanced Excel skills preferred
• Excellent analytical, organizational, and communication skills