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THL Credit

Operations Analyst

Loan Operations – Chicago, Illinois
Department Loan Operations
Employment Type Full Time
Minimum Experience Entry-level

The successful candidate will be responsible for the daily and monthly reconciliation of loan data across all lines of business – tradable credit and middle market direct lending.  They will ideally have experience using Wall Street Office (WSO) Administrator and Agent.  This individual will also be responsible for administrative agent activities as well as daily portfolio cash/position monitoring.  The Operations Analyst must be a team player who also works well independently, has a strong work ethic and excellent attention to detail.  This individual will have the opportunity to be exposed to the investment operations across the THL Credit product lines.  Experience with an Investment Management firm, Loan Agent, or Trustee is preferred.

Responsibilities

  • Reconcile cash and positions daily/monthly to custodians/trustees and agent banks
  • Reconcile loan attributes to custodians/trustees and agent banks
  • Resolve cash and position breaks with agent banks and custodians/trustees
  • Set up new borrowers in accounting system for agented and non-agented deals
  • Monitor and process activity on agented deals including initial closing, providing lenders notices on deal activity, as well as, send funds to lenders on payment dates
  • Consistently meet service level commitments to clientele and management
  • Be the key contact for administrative agent deals, both internally and externally

Desired Skills & Experience

  • Bachelor's Degree and 2-5 years of back or middle office experience
  • Strong organizational skills and ability to work under pressure
  • Ability to read and understand legal documents such as Credit Agreements
  • Thoroughness and accuracy in all aspects of work, demonstrated attention to detail
  • Excellent communication and interpersonal skills
  • High level of Microsoft Excel and Word proficiency
  • Knowledge of Wall Street Office suite a plus
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  • Location
    Chicago, Illinois
  • Department
    Loan Operations
  • Employment Type
    Full Time
  • Minimum Experience
    Entry-level
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