
Posted 22 days ago
Loan Operations - New York
AI Summary
Oversees operational processes across the full syndicated loan lifecycle at a Tier 1 Investment Bank, including origination, funding, servicing, and settlement, while coordinating with syndicate members, borrowers, and internal stakeholders to manage loan events and ensure compliance with credit agreement terms.
About this role
Location: New York
Role Type: Full-Time
We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank. You will be working as part of a fast-paced Loan Operations team, communicating with multiple teams internally and externally. We are looking for someone with commercial loans experience (bilateral and syndicated loans) and loan lifecycle knowledge.
Key responsibilities:
Oversee operational processes across the full syndicated loan lifecycle, including origination, funding, servicing, and settlement.
Review and interpret credit agreements to ensure accurate execution of loan operations in accordance with terms and conditions.
Coordinate with syndicate members, borrowers, and internal stakeholders to manage loan events, including amendments, refinancings, paydowns, restructures, and transfers.
Perform quality control and reconciliation of loan transactions to identify and resolve discrepancies in data, documentation, or payments.
Track and monitor financial covenants, ensuring compliance and timely reporting, and escalate breaches or concerns as needed.
Prepare and review reports on loan activity, portfolio status, and key operational metrics for internal and external stakeholders.
Manage collateral requirements, including tracking, verification, and maintaining appropriate documentation to ensure compliance with loan terms and conditions.
Requirements
Bachelor's degree or equivalent
Commercial loans product knowledge
Understanding of syndicated loans lifecycle
Working knowledge of Loan IQ
Familiarity with loan documentation (LMA/ LSTA, credit agreements, funding memos etc)
3-7 years relevant financial experience
Ability to work in a fast-paced environment
Strong communication skills
Advanced Excel skills
Attention to detail
Preferred Experience
Previous middle office/ operations experience
Previous loan servicing experience
Knowledge of par and distressed loans
Expectations Regarding Hybrid Working:
As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients’ demands.
Salary Range:
Associate: $75,000 - $100,000
AVP: $105,000 - $120,000
How We Work:
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you. For this role a valid work authorization for the US is mandatory.
Who We Are:
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
· Managed Services
· Resource Augmentation
· Consulting
· Technology
·
To learn more about Delta Capita and our culture click here:Working at DC - Delta Capita.
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