What are the responsibilities and job description for the Loan Closing Senior Analyst/Associate - New York position at Delta Capita?
Job Description
Location: New York
Role Type: Full-Time
We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank. You will be working as part of a fast-paced Loan Closing team, communicating with multiple teams internally and externally. We are looking for someone with commercial loans experience (bilateral and syndicated loans) and loan lifecycle knowledge.
Key Responsibilities
As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients’ demands.
Salary Range
Senior Analyst - $65,000-$70,000
Associate- $70,000-$80,000
How We Work
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you. For this role a valid work authorization for the US is mandatory.
Who We Are
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
Location: New York
Role Type: Full-Time
We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank. You will be working as part of a fast-paced Loan Closing team, communicating with multiple teams internally and externally. We are looking for someone with commercial loans experience (bilateral and syndicated loans) and loan lifecycle knowledge.
Key Responsibilities
- Oversee the loan lifecycle from an operational perspective, ensuring core closing processes are completed in a timely manner and any discrepancies/issues are escalated and investigated. This may include navigating cancellations, rebookings, adjustments, or participations.
- Review trade documentation, including confirmations, or funding memos to ensure compliance with regulatory standards and internal guidelines.
- Confirm financial calculations such as delayed compensation, cost of carry, and commitment reductions.
- Review and interpret credit agreements to ensure accurate execution of operations prior to closing in accordance with terms and conditions.
- Review corporate actions related to loan trades to support processing, tracking, and reporting adjustments or changes affecting loans, ensuring required updates are applied accurately.
- Review and reconcile trade discrepancies, maintaining trade status updates, and escalating issues as needed.
- Support completion of daily and escalation reports. This may include delayed compensation, unallocated trades or fee reconciliations.
- Collaborate across counterparties, and internal and external teams, to ensure seamless operations and compliance.
- Bachelor's degree or equivalent
- Understanding of syndicated loans lifecycle
- 1-4 years relevant financial experience
- Ability to work in a fast-paced environment
- Strong communication skills
- Advanced Excel skills
- Attention to detail
- May have some prior loan closing experience
- Some exposure to loan documentation (LMA/ LSTA, credit agreements, funding memos etc.)
As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients’ demands.
Salary Range
Senior Analyst - $65,000-$70,000
Associate- $70,000-$80,000
How We Work
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you. For this role a valid work authorization for the US is mandatory.
Who We Are
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
- Managed Services
- Resource Augmentation
- Consulting
- Technology
Salary : $65,000 - $70,000