Loan Settlements Analyst

IQ-EQ Group; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

A leading investor services group is seeking a detail-oriented professional for loan closing operations. This role involves reviewing documents, ensuring compliance, and providing exceptional service to clients. The ideal candidate has a finance-related degree and experience in investment operations, with strong analytical and communication skills. Join a diverse environment that supports your career growth and offers opportunities across its global network.

Benefits

Inclusive and diverse environment

Opportunities for continuous learning

Holistic approach to professional development

Qualifications

• 2+ years’ experience in general investment operations.
• Knowledge of credit investments, particularly bank loans.

Responsibilities

• Review loan closing documents for accuracy and compliance.
• Communicate with clients and resolve discrepancies.
• Provide excellent customer service and facilitate loan closings.

Skills

Organizational Skills

Analytical Skills

Problem Solving

Communication

Attention to Detail

Education

Bachelor's degree in finance, economics, business, or a relevant field

Tools

Bloomberg

ClearPar

Job description

• Review loan closing documents (confirms/ transfer certs and funding memos) for accuracy and compliance with company policies and regulatory requirements.
• Ensure all necessary documentation is reviewed for errors, missing or incorrect information and fixed before the execution date.
• Organize and maintain loan files, ensuring all documentation is filed correctly and promptly.
• Communication and Coordination:
  • Communicate with Clients, Counterparties and Agents to gather necessary information and resolve any discrepancies that arise during the closing process
  • Provide status updates to relevant parties throughout the closing process and maintain and prepare a status report.
• Compliance and Quality Control:
  • Verify that all loan conditions and stipulations are satisfied prior to closing.
  • Ensure client elections on AA and Loan Transfer Certificates are populated in line with requirements
  • Conduct quality control reviews of closing documents to identify and correct errors in time before execution.
• Customer Service:
  • Provide excellent customer service to clients by addressing their questions and concerns promptly and professionally.
  • Assist clients with understanding the loan closing process and requirements.
  • Facilitate smooth and efficient loan closings, ensuring a positive experience for clients.
• Administrative Support:
  • Assist with administrative tasks such as data entry, filing, and document management.
  • Support Senior Settlement Analysts and the Client Managers with special projects and tasks as needed.
  • Maintain up-to-date knowledge of loan products, services, and industry trends

Qualifications

• Bachelor's degree in finance, economics, business, or a relevant field of study
• 2+ years’ experience in general investment operations, ideally in a middle office or other transaction-facing role
• Knowledge of financial data providers such as Bloomberg and ClearPar desirable, but not essential
• General understanding of trade lifecycle and LMA settlements
• Knowledge of credit investments, particularly bank loans
• Strong organizational, analytical, and problem-solving skills
• High level of attention to detail
• Excellent verbal and written communication skills
• Ability to multi-task, and oversee a high volume of work
• Strong work ethic with the ability to quickly grasp key concepts

Additional information

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.

Company description

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.