Warehouse Loan Operations Associate

Guggenheim Partners; New York (NY); On-site; USD 120,000 - 130,000; Full time

Job summary

Guggenheim Asset-Backed Finance Company in New York is seeking an experienced Warehouse Loan Operations Associate to support critical warehouse lending functions within Structured Products. This role emphasizes operational execution and day-to-day transaction support.

You will manage loan closing processes, agent relationships, and transaction workflows under the direction of senior team members, thriving in a fast-paced, collaborative environment.

Qualifications

• Bachelor's degree required.
• 3–5 years of hands-on experience in loan closing and structured finance operations.
• Proven track record in warehouse lending or asset-backed finance.
• Strong Excel and data management skills.
• Familiarity with loan management systems like ClearPar.

Responsibilities

• Execute loan closing processes and settlement activities.
• Process and validate draw requests, including borrowing base calculations and covenant compliance.
• Coordinate with legal counsel on borrowing conditions precedent.
• Support loan settlement funding and reconciliation.
• Manage trade settlement flows, platform reconciliations, and remediation of breaks.
• Coordinate with Administrative Agents on reporting requirements and portfolio performance data.
• Work with Paying Agents to process waterfall distributions and ensure transaction document compliance.
• Assist in resolving agent-related issues and discrepancies, escalating to senior team member as needed.
• Collaborate with outsource services and customers.
• Administer loan system data and maintain accurate records.
• Execute complex wire instructions and payment waterfalls.
• Prepare investor reporting and compliance documentation.
• Help maintain and document operational procedures.
• Draft confidentiality agreements as needed.

Skills

Loan operations & settlement

Cross-functional collaboration

Attention to detail

Problem solving

Education

Bachelor's degree

Tools

ClearPar

Excel

Access

Bloomberg terminal

Job description

Job Description:Guggenheim Asset-Backed Finance CompanyPosition SummaryGuggenheim Asset-Backed Finance Company is seeking an experienced Warehouse Loan Operations Associate to support critical warehouse lending functions within Structured Products. This role focuses on operational execution and day-to-day transaction support, managing loan closing processes, agent relationships, and transaction workflows under the direction of senior team members. The ideal candidate will be a results-driven professional with strong technical skills and the ability to thrive in a fast-paced, collaborative environment.Essential Job Functions:Loan Operations & SettlementExecute loan closing processes and settlement activitiesProcess and validate draw requests, including borrowing base calculations and covenant complianceCoordinate with legal counsel on borrowing conditions precedentSupport loan settlement funding and reconciliationManage trade settlement flows, platform reconciliations, and remediation of breaksAgent & Partner ManagementCoordinate with Administrative Agents on reporting requirements and portfolio performance dataWork with Paying Agents to process waterfall distributions and ensure transaction document complianceAssist in resolving agent-related issues and discrepancies, escalating to senior team member as neededCollaborate with outsource services and customersTransaction & Documentation SupportAdminister loan system data and maintain accurate recordsExecute complex wire instructions and payment waterfallsPrepare investor reporting and compliance documentationHelp maintain and document operational proceduresDraft confidentiality agreements as neededCross-Functional CollaborationPartner with Warehouse Origination, Portfolio Management, Ops/Treasury, Finance, Risk, Legal, Compliance, and Business Operational teamsReconcile and process third-party invoicingPreferred Qualifications:Education & ExperienceBachelor's degree required3-5 years of hands-on experience in loan closing and structured finance operationsProven track record in warehouse lending or asset-backed financeTechnical SkillsUnderstanding of structured finance mechanics, borrowing base structures, and waterfall calculationsProficiency with ClearPar or comparable loan management systemsExperience with virtual data room administrationExpert-level Microsoft Excel and Access skillsBasic familiarity with Bloomberg terminal (preferred)Core CompetenciesStrong communication and interpersonal skillsTeam-oriented with ability to collaborate across functionsComfortable in high-pressure, fast-paced environmentsExcellent multi-tasking and organizational abilitiesDetail-oriented with strong problem-solving skillsSelf-starter who operates with accountability and ownershipWork LocationCurrently, this role is expected to be in the New York office at least 4 days per week.SalaryAnnual base salary between $120,000 - $130,000.The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.About Us:Guggenheim Asset‑Backed Finance Company (\"GABFC\") is a registered investment adviser affiliated with Guggenheim Securities, the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. GABFC specializes in private investment grade asset-backed finance, advising clients on the origination, evaluation, structuring, and ongoing management of secured financing transactions across lender finance and operating asset finance. GABFC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.