Bank Loan Services Analyst (Downers Grove, IL/NYC)

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 Services Analyst on a contract basis to help support our Customer’s business needs. This role is hybrid (4 days on-site and 1 day remote/week) in Downers Grove, IL, or NYC.

The candidate for this position will be part of the Bank Loan Services group, responsible for cash and position reconciliation, research, and resolution across a variety of investment vehicles specializing in the Bank Loan asset class.

Responsibilities:

• Coordinate trade settlement for primary and secondary loan closings with external parties across par and distressed trades
• Maintain bank loan activity within loan systems, including interest rate resets, principal repayments, drawdowns, and margin changes
• Research and resolve issues using internal systems, agent notifications, public information, and trustee records
• Serve as liaison with counterparties, trustees, and agent banks to resolve cash discrepancies with custodians, trustees, agent banks, and seller banks
• Initiate verbal and written communications to escalate and resolve settlement or operational issues
• Track issue resolution, perform root cause analysis, and identify control gaps
• Partner with team members to complete internal operational tasks
• Document process requirements and operational procedures
• Provide backup support to other team members as needed
• Support additional projects and duties as assigned

Skills and Qualifications:

• Bachelor’s degree required
• 2+ years of post-graduation professional experience
• Solid understanding of the broadly syndicated loan market
• Proficiency with Wall Street Office (WSO) systems
• Background in accounting or finance preferred
• Strong proficiency in Microsoft Excel and other Microsoft Office applications
• Strong verbal, written, and analytical communication skills
• High attention to detail with a strong commitment to accuracy
• Strong quantitative and qualitative analysis skills
• Ability to work independently and follow through on assignments
• Strong organizational skills with the ability to prioritize, multitask, and meet deadlines
• Self-motivated with a proactive, problem-solving mindset

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.