TD Witz Associates Hiring for Bank Loan Closer at New York, NY Full Time

Job description

Bank Loan Closer

Responsibilities:

• familiarity with Par/Distressed bank loans, PIK notes, trade claims, warrants and private equities.

• manage third party vendor for LSTA/LMA par trade settlements

• discuss/negotiate closing matters with attorneys and counterparties

• review trade confirms and closing documents and arrange for execution – distressed and non-CLO/Par funds

• forward closing documents to third party vendor and internal operations team

• point person for KYC request from counterparties as well as assist operations with any withholding tax issues

• work with analysts and Accounting Department on corporate restructurings of our bank loan positions

• assist with trade booking and processing other bank loan entries in our systems

Requirements

• 2 + years experience with Bank Loan trade settlements

• Undergraduate degree

• Strong background in Excel

• User experience/knowledge of WSO/Markit, ClearPar, Geneva and/or Bloomberg is valued

Job Type: Full-time

Salary: $75,000.00 – $125,000.00 per year

Benefits:

• 401(k)
• Health insurance

Job Type: Full-time

Pay: $90,000.00 – $150,000.00 per year

Benefits:

• 401(k)
• Health insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• new york, ny: Reliably commute or planning to relocate before starting work (Required)

Experience:

• syndicated bank loan closing: 2 years (Required)
• cash and position reconciliation: 1 year (Required)

Work Location: One location