Bank Loan Operations Analyst

The Planet Group; Downers Grove (IL); Hybrid; USD 90,000 - 150,000; Full time

Job summary

The Planet Group in Downers Grove, IL is seeking a finance professional for our Bank Loan Team. This hybrid role combines on-site work four days a week with flexibility for remote options.

You will bring a Bachelor's degree and 2+ years of experience in bank loans or syndicated loans, with hands-on support of loan operations, settlement, and reporting. Preferred experience with WSO, Allvue/Everest, ClearPar, LoanIQ, and strong Excel skills to analyze data and ensure accuracy for investment teams

Qualifications

• Bachelor’s degree in finance, accounting, business, or a related field.
• 2+ years of bank loan, syndicated loan, leveraged loan, CLO, or structured credit operations.
• Hands-on experience supporting bank loans as an investment product within capital markets, investment operations, fund administration, or trust operations.
• Experience with syndicated loan trade support and settlement, coordinating with agent banks, counterparties, traders, and internal teams.
• Experience with loan management platforms such as WSO, Allvue/Everest, ClearPar, LoanIQ, Solvas, or similar systems.
• Strong understanding of loan portfolio operations, trade processing, settlement, reconciliation, and data validation.
• Experience with CLO/CDO portfolio administration is highly preferred, including OC/IC compliance and cash reconciliation.
• Experience supporting system implementations, migrations, or process documentation.

Skills

Loan operations

2+ years experience

Excel

Communication

Data quality

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Wall Street Office (WSO)

Allvue/Everest

ClearPar

LoanIQ

Solvas

Job description

Hybrid/Remote: Hybrid, onsite 4 days/week (Mon to Thu)

Location: Downers Grove, IL 60515

Business Unit: Bank Loan Team

Required Skills

• Bachelor’s degree required; Finance, Accounting, Business, or related field preferred.
• 2+ years of experience in bank loan, syndicated loan, leveraged loan, CLO, or structured credit operations.
• Hands-on experience supporting bank loans as an investment product within capital markets, investment operations, fund administration, or trust operations.
• Experience with syndicated loan trade support and settlement, including coordination with agent banks, counterparties, traders, and internal teams.
• Experience with loan management platforms such as Wall Street Office (WSO), Allvue/Everest, ClearPar, LoanIQ, Solvas, or similar investment/trust operations systems.
• Strong understanding of loan portfolio operations, trade processing, settlement, reconciliation, and data validation.
• Experience preparing scheduled reporting and data analysis for investment teams, legal/compliance teams, clients, or other stakeholders.
• Strong attention to data quality, accuracy, and integrity across loan portfolios.
• Experience with CLO/CDO portfolio administration is highly preferred, including OC/IC compliance, waterfall calculations, interest/principal distributions, and cash reconciliation.
• Experience supporting system implementations, migrations, business integrations, or operational build-outs, including data comparison, report generation, and process documentation.
• Strong Excel and Microsoft Office skills with excellent analytical and problem-solving abilities.
• Strong communication skills and ability to work effectively with traders, agent banks, counterparties, internal teams, and external clients.