Job DescriptionJob Title: Senior Associate, Loan Operations
Locations: Dallas, TX (Hybrid) Los Angeles, CA (Hybrid), NY/NJ
About the RoleSS&C is looking for a Senior Associate to join our Loan Operations 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.
How You Will Make An Impact- 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.
Required Experience - Bachelors 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
What Sets You Apart- Advent Geneva experience a plus
- 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
Join SS&C, where innovation meets global opportunities. Click here to apply.
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SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.
Actual base salary will vary based on several factors, including but not limited to relevant skills, prior experience, education, demonstrated performance, and geographic location.
New Jersey: The expected base salary for the position is between 63000 USD to 115000 USD. New York: The expected base salary for the position is between 65000 USD to 115000 USD. California: The expected base salary for the position is between 70000 USD to 118,000.00 USD.
In addition, employees in this role may be eligible for consideration on an annual basis for a discretionary bonus and/or equity awards, such as restricted stock units or stock options, based upon individual and business performance at the company's discretion.
Applications will be accepted on an ongoing basis until the position is filled.
