Bank Loan Analyst I (Downers Grove, IL)

Our Customer is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. They manage $1,198.7 billion in assets on behalf of clients worldwide with the help of over 8,000 highly engaged and motivated employees focused on client needs. They actively encourage their people to collaborate to find the best ideas and solutions for clients, leveraging the tremendous diversity of thought that exists across their global organization.

We are seeking a Bank Loan Analyst on a contract basis to help support our customer’s business needs. This is an onsite role, with preference for candidates based in Downers Grove, IL. (4 days/week onsite)

Job Summary:

• As a premier global investment organization, the Client Bank Loan Team offers a full product line of investment options to both institutional and retail investors. This opportunity with the Bank Loan Oversight and Administration Team will provide support to the portfolio management and investment team covering various reporting areas, trade support and settlement efforts.

Key Responsibilities:

• Responsible for the production of various scheduled reporting deliverables for internal clients, including, but not limited, to the investment team, reporting team members, legal & compliance.
• Ability to work as part of a team to ensure the group provides top-tier service to both internal and external clients and service providers.
• Work in support of the trader to ensure that all trading activity is being efficiently and accurately entered in a timely manner in support of ISSMs products.
• Collectively work with the trade closing team to assist in the coordination and facilitation of settlement efforts. Liaison with Client traders, trade counter parties and agent banks.
• Support the team to ensure and maintain the data quality and integrity of the critical information that supports the business. Complete data mining, from a variety of internal & external sources, and analysis for Bank Loan clients.

Work Experience/ Knowledge:

• 2+ years work experience preferred
• Familiarity and experience with bonds and bond settlements is desired
• A solid understanding of the security/loan market (LMA) and fund operations is desired
• Experience in a reporting / product oversight role is plus
• Experience in the investment management space is a plus

Skills/ Other Personal Attributes Required:

• Aptitude for detail and a strong commitment to accuracy
• Excellent quantitative and qualitative analysis skills
• Ability to conduct analysis and present data in a meaningful way
• Proficient user of Microsoft Office, Excel, Access and Word
• Working knowledge of S&P Wall Street Office and/or Allvue-Everest is a plus
• Team Oriented Team player
• Ability to work independently and follow through on projects
• Self-motivated, ability to multi-task and complete tasks upon assignment
• Open-minded, flexible, and willing to listen for other people’s opinions
• Excellent verbal and written communication skills and effective interpersonal skills

Formal Education: (minimum requirement to perform job duties)

• Bachelor’s Degree required, business (Finance/Accounting) degree preferred

License/Registration/Certification: (minimum requirement to perform job duties)

• None

Working Conditions:

• Normal office environment with little exposure to noise, dust and temperatures.
• Normally a regular schedule of hours, however hours may vary depending upon the project or assignment.
• Hours may include evenings and/or weekends if necessary.

Critical Distinction- Please read carefully:

• The most common miss we are seeing is candidates from commercial or retail banking whose experience centers around mortgage loans, SBA loans, consumer lending, or general commercial loan processing. THIS IS NOT THE PROFILE WE ARE LOOKING FOR.
• "Bank Loan" in this context refers specifically to the BANK LOAN ASSET CLASS - a distinct segment of the capital markets that includes syndicated leveraged loans, CLO (Collateralized Loan Obligation) administration, and structured credit operations. Experience in residential mortgage, auto lending, SBA, or general commercial banking loan processing does not transfer to this role and will not be considered.
• Candidates must demonstrate familiarity with the bank loan asset class as an INVESTMENT PRODUCT, not as a lending function.

WHAT WE ARE LOOKING FOR STRONG profile indicators:

• Experience at a fund administrator, asset manager, CLO manager, institutional bank, or structured credit firm supporting bank loan / syndicated loan portfolios
• Hands-on use of Wall Street Office (WSO) / Allvue-Everest, ClearPar, LoanIQ, Solvas, or equivalent loan management systems in an INVESTMENT OPERATIONS or TRUST OPERATIONS context
• Trade settlement and trade support - coordinating with agent banks, trade counterparties, and internal trading desks
• CLO or CDO portfolio administration - OC/IC compliance testing, waterfall calculations, interest/principal distributions, cash reconciliation
• Reporting and data analysis - production of scheduled reporting deliverables for investment teams, legal & compliance, and external clients
• Data quality and integrity management across loan portfolios
• Experience supporting business integration, system transitions, or operational build-outs - data comparison, report generation, process documentation

IDEAL FIRMS in a candidate's background (examples, not exhaustive):

• BNY Mellon (Corporate Trust / CLO Admin), Alter Domus, State Street, Northern Trust (Investor Services), U.S. Bank Corporate Trust, JP Morgan (Syndicated Finance / Agency), BMO (Syndicated Loans), Antares Capital, Monroe Capital, Barclays (Loan Agency), S&P Global (WSO Operations), FIS (Structured Finance Reporting)

Education:

• Bachelor's degree preferred, (Finance or Accounting).

Location:

• Downers Grove, IL - local candidates or those within commuting distance are strongly preferred.

We offer a competitive salary range for this position. Most candidates who join our team are hired at the median of this range, ensuring fair and equitable compensation based on experience and qualifications.

Contractor benefits are available through our 3rd Party Employer of Record (Available upon completion of waiting period for eligible engagements) Benefits include: Medical, Dental, Vision, 401k.

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.