Loan Operations Specialist

WhiteCap Search; New York (NY); On-site; USD 70,000 - 95,000; Full time

Job summary

Whitecap Search is seeking a skilled Credit Operations Analyst to join our team in New York. The role focuses on asset servicing, cash and position reconciliations, and frequent interaction with financial institutions and partners.

The ideal candidate will have 2-4 years of loan servicing experience, a solid understanding of the public loan market, and strong Excel skills. Bachelor's in Finance, Economics, or Accounting is required, with the ability to work independently or in a team within a

Qualifications

• 2–4 years of loan servicing/agency experience.
• Understanding of the public loan market and settlement processes for par, distressed, and LMA loans.
• Bachelor's degree in Finance, Economics, or Accounting.
• Strong Excel and MS Office proficiency.
• Ability to work both individually and within a team environment.
• Ability to multitask in a fast-paced atmosphere.
• Strong understanding of accounting concepts.
• Experience with Wall Street Office is a plus.

Responsibilities

• Asset servicing including security master maintenance, reviewing credit agreements, monitoring and booking all investment activity, and wire processing.
• Cash and position reconciliations.
• Daily interaction with custodian banks, trustees, and prime brokers.
• Daily interaction with asset management, borrowers, partners, and outsourced service providers.
• Assist in yearly audit confirmation process.
• Participate in various projects across the business.
• Provide backup to other Credit Fund Operation staff supporting wire transfers, trade settlements, and other business activities of the fund.

Skills

Loan servicing experience

Teamwork

Multitasking

Analytical thinking

Accounting concepts

Education

Bachelor's degree in Finance, Economics, or Accounting

Tools

Excel

MS Office

Wall Street Office

Job description

Whitecap Search is seeking a skilled professional to join our team as a Credit Operations Analyst. This role involves asset servicing, cash and position reconciliations, and daily interactions with various financial institutions and partners. The ideal candidate will have experience in loan servicing and a strong understanding of the public loan market.

Primary Job Functions

• Asset servicing including security master maintenance, reviewing credit agreements, monitoring and booking all investment activity, and wire processing, paying and allocating investment related expenses.
• Cash and position reconciliations.
• Daily interaction with custodian banks, trustees, and prime brokers.
• Daily interaction with asset management, borrowers, partners, and outsourced service providers.
• Assist in yearly audit confirmation process.
• Participate in various projects across the business.
• Provide backup to other Credit Fund Operation staff supporting wire transfers, trade settlements, and other business activities of the fund.

Requirements

• 2-4 years of loan servicing/agency experience a must.
• An understanding of the public loan market, specifically settlement processes for par, distressed, and LMA loans.
• A bachelor's degree in Finance, Economics, or Accounting.
• Strong Excel skills and proficiency with all other MS Office products.
• Ability to work both individually and within a team environment.
• Ability to multitask in a fast-paced atmosphere.
• Strong understanding of accounting concepts.
• Experience with Wall Street Office is a plus.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.