Senior Loan Closer - Trade Settlement Operations

2 - 6 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Trade Settlement Specialist at our company, you will be responsible for settling primary and secondary trades in LoanIQ by reviewing ClearPar funding memos. You will review trade economics in ClearPar, update them as necessary, and identify, reconcile, and resolve cash breaks and other trade discrepancies. Your role will also involve partnering with external stakeholders to maintain positive client relationships, processing loan life cycle events related to the Trade Settlement process, and maintaining effective operational controls. Additionally, you will verify and manage all Standard Settlement Instructions prior to settling a trade and ensure that all Key Performance Indicators, Service Level Agreements, and Employee Satisfaction indexes are met. Key Responsibilities: - Settle primary and secondary trades in LoanIQ through the review of ClearPar funding memos - Review trade economics in ClearPar and update as needed - Identify, reconcile, and resolve cash breaks and other trade discrepancies - Partner with external stakeholders to maintain positive client relationships - Process loan life cycle events related to the Trade Settlement process - Maintain effective operational controls - Verify and manage all Standard Settlement Instructions prior to settling a trade - Manage service delivery and ensure 100% of all Key Performance Indicators, Service Level Agreements, Employee Satisfaction indexes are met Qualifications Required: - Must have a bachelor's degree - Minimum of 2 years relevant experience - Deep domain knowledge of Loan Syndication, Trade Settlement procedures, and Loan IQ platform - Understanding of the Syndicated Debt Market (LSTA and LMA) will be an advantage - Strong knowledge of wire transfers (FED, CHIPS, SWIFT) - Eye for detail and ability to collaborate and work with global teams - Strong analytical skills, comfortable handling large data sets, and ability to analyze and drive conclusions - Ability to execute personal time management adhering to deadlines and proactively manage conflicting priorities - Proficient in Microsoft Word, Outlook, Excel, and industry-related platforms like LoanIQ, ClearPar, Syndtrak, and Debt Domain will be an added advantage - Strong client service and customer orientation - Ability to independently present thoughts and presentations of ideas with peers and management - Good organizational skills, ability to manage multiple assignments at once, and meet deadlines (Note: No additional details of the company were present in the provided job description),

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

RecommendedJobs for You