Guggenheiminvestment

Middle Office Loan Closer, Vice President

New York, NY · Exec · Full-time

No sponsorship$145k-$160kDetected 7 days ago

Public SpeakingMicrosoft Office

About the role

Guggenheim is seeking a Vice President to join the Loan Services closing team.
The ideal candidate will possess operational expertise inclusive of a complete understanding of private debt, bank debt, and fixed income securities and have proven their ability to work effectively in a high-pressure environment.
The Vice President role presents an opportunity to join a team that sits at the 'hub' of Guggenheim Investments at an exciting time of growth and evolution at all levels of the company.

Review and understand LSTA standard documents and other legal documents including Trade Confirms, Assignment Agreements, Proceeds letters, Participation agreements, Cash collateral agreements and Multilateral Agreements and Credit Agreements, specifically assign-ability language
Maintains close interaction with various parties such as agent banks, counterparties, PMs, traders, analysts, legal and compliance to ensure timely settlement occurs (primary, secondary as well as distressed loan trades)
Maintains accuracy of trade details through ClearPar and WSO to ensure any issues are resolved prior to settlement. identify and escalate issues to the front office, bank loan trading assistants/traders, in-house legal counsel and management, when necessary and track and report these issues through appropriate workflow tools
Manage loan amendment workflow, to include tracking, submission and ensure votes are executed in a timely and accurate manner
Ability to manage heavy trade portfolio, for assigned client base, while maintaining a clean aging profile, with the goal of settlement within the LSTA standard for settlement time
Manage liquidity for various accounts through correspondence with the PMs.
Drafting manual documents (trade confirms, assignment agreement & funding memos for any trades not booked on ClearPar.
Create, understand and present metrics reporting for trading, portfolio management and operations

Minimum of 5 years of hands-on experience in CLO or leveraged loan operations within an investment management firm
A minimum of 7 years of experience in investment operations
Experience with ClearPar or WSO or similar platforms
Experience managing operations professionals

5-8 years of bank loan-related experience
Knowledge of Wall Street Office, Aladdin, and Bloomberg
Loan closing experience
Team-oriented individual with the ability to work well across diverse groups in a collaborative, dynamic team environment
Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.
BA/BS in Business Administration / Finance concentration preferred

Annual base salary between
$145,000.00-$160,000.00
The base salary range represents the low and high end of the anticipated base salary range for this position.
The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

We are unable to consider candidates who require current or future visa sponsorship for employment in the United States.

This listing is sourced directly from Guggenheiminvestment's careers page and normalized into a canonical job model.