AS
Analyst - Loan Operations
Axelon Services Corporation
๐บ๐ธ United States
Hybrid
2 weeks ago
- Excel
- Claude
- ChatGPT
- Gemini
2 weeks ago
Summary:
- Location: Boston, MA or New York, NY
- Work Mode: Hybrid, with 2 to 3 days onsite
- Duration: Approximately six months, with the possibility of extension
Responsibilities:
- Process daily loan servicing activity across the private credit portfolio, including agent notices, rate resets and rollovers, drawdowns and delayed draw activity, paydowns, PIK, and interest and fee accrual review.
- Support trade settlement across syndicated and private loan trades, including document review and settlement follow-up.
- Process cash, prepare and confirm wires, and investigate cash breaks.
- Reconcile positions and cash between internal records, agent and custodian records, and the fund administrator, working with each party to clear differences.
- Process lifecycle events, including amendments and corporate actions, and capture changes to loan terms accurately across systems of record.
- Handle exceptions and work with the team on resolution, escalating early and documenting clearly what was done and why.
- Partner with the offshore support team on reconciliation, cash operations and trade operations queues.
- Complete routine reporting and data quality checks on loan and position data.
Requirements:
- Minimum 4 years in loan operations, loan servicing or middle office operations at an asset manager, alternative investment firm, insurer, bank or fund administrator.
- Working knowledge of the syndicated and private loan lifecycle, including agent notice interpretation and rate setting mechanics.
- Familiarity with private credit structures, including revolvers and delayed draw facilities and the operational demands they create.
- Trade settlement experience under LSTA or LMA documentation.
- Reconciliation experience, with a demonstrated ability to research and clear breaks independently.
- Comfortable operating within defined controls and evidencing work for audit.
- Effective collaborator who communicates clearly with team members, agent banks and the fund administrator, and who asks rather than assumes when something looks wrong.
- Strong Excel skills.
Preferred Skills:
- WSO experience, or Allvue, eFront or a comparable loan administration platform.
- Exposure to IBOR and ABOR environments.
- Prior experience covering for a team during a project period, with a fast ramp.
- Experience working alongside an offshore delivery team.
- Familiarity with AI tools such as Claude, ChatGPT or Gemini in an operations context.
Analyst - Loan Operations ยท Axelon Services Corporation