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US-NY: New York-Loan Closer

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JobCircle.Com

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Aug 7, 2008, 8:01:56 AM8/7/08
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JobCircle.com is a regional job board serving all industries
and occupations in the PA, NJ, DE, NY, MD, and DC areas.

We offer a regional job board, online learning, and regional
job fair events for jobseekers who live in our areas of focus.

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Job Title: Loan Closer
Job Location: NY: New York
Pay Rate: -
Job Length: full time
Start Date: 2008-08-07

Company Name: The Execu|Search Group
Contact: Gregory Saukulak
Phone: email only
Fax: 212-972-0250

Description:
Responsibilities for the Loan Closer include:

- Managing par, distressed, and new deal origination transaction closings
- Managing trade allocations and flows
- Reviewing documentation and coordination
- Coordinating the activities with traders, operations, controllers, and external servicing agents and customers
- Monitoring booking and closing of primary and secondary loan/non-loan transactions
- Reviewing positions to ensure that trades have been booked correctly
- Adjusting trades as necessary
- Working with traders to resolve any position discrepancies
- Preparing manual position reports if necessary
- Reviewing trade confirmations and completing blotters
- Reviewing trade closing documents
- Coordinating closings
- Working with customers, operations, borrowers, agents, internal and external counsels to coordinate timing of settlements
- Working with internal areas of the firm to resolve issues related to trade bookings, closings and cash reconciliations
- Working with other areas of the firm to establish policies and procedures for controlling, booking and accounting for new businesses
- Ensuring accuracy of profit and loss analysis and working with controllers to resolve any discrepancies
- Developing standard position and exception reports to assist trading
- Ensuring that desk is in compliance with policies and procedures
- Reviewing amendments and waivers and distributing to the various desks when appropriate
- Maintaining various databases including administrative agent and borrower contact lists
- Working on fund net asset value reconciliations


Required Skills:
- 4-6 years of related loan closing/administration experience
- Proficiency in Microsoft Excel
- Bachelor’s degree in Finance
 
Job Type: Finance Accounting


Please refer to Job code J47742 when responding to this ad.


For FASTEST PROCESSING of your resume, please visit http://www.jobcircle.com/classifieds/1292178.html?source=ng to apply online.


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For fastest processing of your resume, this employer asks that
you apply to this job using the URL above.
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