Guggenheiminvestment
Loan Services - Trade Operations
New York, NY · Full-time
No sponsorship$110k-$125kDetected 7 days ago
Data AnalysisAccountingExcelCommunicationProblem SolvingMicrosoft Office
About the role
- Guggenheim Investments is seeking a Senior Associate to join the Loan Services team.
- The position requires close interaction with various parties across the firm including traders, credit analysts, and legal team members.
- The ideal candidate will possess a deep understanding of bank debt and fixed income securities.
Responsibilities
- Perform daily confirmation of Bank Loan trades in Aladdin allowing for flow via interface
- 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
Requirements
- Undergraduate degree with 4+ years of relevant work experience in investment management or financial services environment
- Must be able to multi-task in a fast paced and challenging environment
Nice to have
- Bachelor's degree with 4-6 years of relevant work experience
- At least 2-4 years of bank loan related experience is required
- Knowledge of Wall Street Office and Bloomberg a plus
- Organized, detail oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative
- Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.
Skills
- This position is located in the New York Office, full-time.
Compensation
- Annual base salary between
- $110,000.00-$125,000.00
- 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.
Company info
- The Senior Associate 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.
Visa & Work Authorization
- We are unable to consider candidates who require current or future visa sponsorship for employment in the United States.
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This listing is sourced directly from Guggenheiminvestment's careers page and normalized into a canonical job model.