Senior Associate, Loan Operations

SS&C Technologies; New York (NY); Hybrid; USD 61,000 - 90,000; Full time

Job summary

SS&C Technologies is seeking a Senior Associate for Loan Operations in a hybrid role based in Union, NJ. This position involves supporting loan syndications, resolving issues, and managing relationships within the financial services sector. Candidates should possess a Bachelor's degree in finance and a minimum of 2 years of operations experience in the securities industry.

Benefits

401k Matching Program

Professional Development Reimbursement

Medical, Dental, Vision benefits

Flexible Personal/Vacation Time Off

Discounts on fitness clubs and travel

Qualifications

• 2+ years in financial services/securities industry.
• Understanding of syndicated loans and trade closings.
• Proven ability to meet deadlines.

Responsibilities

• Support the settlement process for primary and secondary loan trades.
• Interact with senior management and clients regarding loan settlements.
• Train and mentor junior staff.

Skills

Strong written and verbal communication skills

Client relationship management

Ability to work under pressure

Education

Bachelor's degree in finance or related discipline

Tools

ClearPar

WSO

Advent Geneva

Job description

As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Job Description

Senior Associate, Loan Operations

Locations: Union, NJ | | Hybrid

Get To Know The Team:

SS&C is leading the way. We continue to look for todays and tomorrow’s brightest talent, those that embody a spirit to improve not only their lives, but those around them. From college students to seasoned and experienced professionals, we encourage you to apply. SS&C prides itself on hiring diverse, honest, dynamic individuals, who value collaboration, accountability, and innovation to name a few.

Why You Will Love It Here!

• Flexibility: Hybrid Work Model and Business Casual Dress Code, including jeans
• Your Future: 401k Matching Program, Professional Development Reimbursement
• Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
• Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
• Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
• Training: Hands-On, Team-Customized, including SS&C University
• Extra Perks: Discounts on fitness clubs, travel and more!

What You Will Get To Do:

• Support the settlement process of primary loan syndications and secondary loan trades, including funding and documentation matters
• Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments (i.e.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan settlements
• Investigate and resolve closing and transactional issues in a timely manner
• Participate in the daily/weekly preparation and review of reports, metrics provided to our clients, senior managers to highlight status of trades and risks
• Train and mentor junior staff

What Will You Bring :

• Bachelor's degree in finance or related discipline
• 2+ years financial services/securities industry managerial experience in operations and or loan operations. Working for either a prime broker, administrator or hedge fund
• Understanding of syndicated loans; including trade closings - LSTA market settlement conventions. Credit Agreements and their operational mechanics, i.e. funds flows, ticking fees, paydown, drawdowns as well as their interrelationship with agent bank, trading counterparties, custodians and trustee
• Knowledge of ClearPar, WSO, and Advent Geneva experience a plus
• Strong written and verbal communication skills
• Proven ability to work under pressure and make deadlines
• Solid client relationship management skills

Thank you for your interest in SS&C! To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com/careers.

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Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

SS&C offers excellent benefits including health, dental, 401k plan, tuition and professional development reimbursement plan.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.

Salary is determined by various factors including, but not limited to, relevant work experience, job related knowledge, skills, abilities, business needs, and geographic regions. NY: Salary range for the position: $61,000 USD to $90,000 USD.