Senior Associate, Loan Operations

SS&C Technologies; San Francisco (CA); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Hybrid Work Model

401k Matching Program

Medical, Dental, Vision

Professional Development Reimbursement

Employee Assistance Program

Parental Leave

Job summary

A leading financial services firm is seeking a Senior Associate, Loan Operations - Cash Reconciliation Specialist. You will be responsible for resolving cash discrepancies and overseeing reconciliation processes. The ideal candidate has a Bachelor's degree in finance and at least 2 years of experience in loan operations. This role offers a hybrid work model and several benefits including 401k matching and medical coverage.

Qualifications

• 2+ years financial services/securities industry experience in operations and loan operations.
• Understanding of syndicated loans and their interrelationship with agent banks.
• Proven ability to work under pressure and meet deadlines.

Responsibilities

• Monitor and resolve cash and position discrepancies between banks.
• Oversee daily Position/ Transaction and Cash reconciliations for multiple accounts.
• Prepare KPIs to track trends and workflow issues.

Skills

Experience in Loan asset class

Strong written and verbal communication skills

Client relationship management

Education

Bachelor's degree in finance or related discipline

Tools

WSO

LoanSERV

Clearpar

Job description

SS&C Technologies is looking for a Senior Associate, Loan Operations - Cash Reconciliation Specialist to join our Loan Operations Reconciliation team. The candidate is responsible for monitoring and resolving cash and position discrepancies between the bank and agent banks for some of our largest loan clients. This includes performing root cause analysis, KPI reporting and coordinating break resolution with all parties.

The ideal candidate will have experience in the Loan asset class as well as oversight and implementation of best reconciliation practices.

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
• 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:

• Assume responsibility over the daily Position/ Transaction and Cash reconciliations of multiple accounts to Custodians/Clients & Agent banks.
• Work closely with the Client, internal teams, and custodians/agents to ensure timely resolution of breaks and issues and mitigate risk for our clients.
• Oversee a team of analysts and build strong reconciliations processes and procedures. Ensure team adheres to best business practices of the firm.
• Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues.
• Review root cause analysis to make recommendations to improve processes, create efficiencies and mitigate risk.

What You Will Bring:

• Bachelor's degree in finance or related discipline
• 2+ years financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund
• Understanding of syndicated loans; including closing and maintenance of loans as well as the interrelationship with agent banks
• Knowledge of WSO, LoanSERV and Clearpar a plus
• Strong written and verbal communication skills
• Proven ability to work under pressure and make deadlines
• Solid client relationship management skills

SS&C Technologies is an equal opportunities employer and welcomes applications from diverse candidates.