What are the responsibilities and job description for the Loan Operations Specialist position at ICON Consultants, LP?
Job Title: Bank Loan Operations Analyst (Contract)
Location: Downers Grove, IL 60515 (4 Days Onsite)
Pay Rate: $40.00 – $45.00/hour
Duration: 8-Month Contract
About the Role
Our client, a premier global investment organization, is seeking a Bank Loan Operations Analyst to join their Bank Loan Oversight and Administration Team. This role supports portfolio management and investment teams through reporting, trade execution support, and settlement coordination. It’s an excellent opportunity for professionals with experience in investment operations, loan markets, or fixed income.
Key Responsibilities
- Produce and deliver scheduled reporting for internal stakeholders, including:
- Investment teams
- Reporting teams
- Legal & compliance
- Support trading operations by:
- Ensuring accurate and timely trade entry
- Assisting traders with execution workflows
- Coordinate with trade closing teams to facilitate settlement activities:
- Act as liaison with traders, counterparties, and agent banks
- Maintain high standards of data integrity and accuracy across systems
- Perform data mining and analysis from internal and external sources
- Collaborate across teams to deliver exceptional service to internal and external clients
Required Qualifications
- Bachelor’s degree (Finance, Accounting, or related field preferred)
- 2 years of relevant work experience
- Strong attention to detail and commitment to accuracy
- Excellent analytical (quantitative and qualitative) skills
- Ability to interpret and present data effectively
- Strong written and verbal communication skills
- Proficiency in Microsoft Office:
- Excel (advanced functions preferred)
- Access and Word
Preferred Qualifications
- Familiarity with:
- Bonds and bond settlements
- Loan market (LMA) and fund operations
- Experience in:
- Investment management environments
- Reporting or product oversight roles
- Working knowledge of:
- S&P Wall Street Office
- Allvue Everest
Key Skills & Attributes
- Team-oriented with strong collaboration skills
- Self-motivated and able to work independently
- Strong multitasking and time management ability
- Detail-driven with a commitment to high-quality output
- Adaptable, flexible, and open to feedback
- Strong interpersonal and problem-solving skills
Work Environment
- Standard office environment (4 days onsite required)
- Regular business hours, with flexibility as needed
- Occasional evening or weekend work based on project demands
Why Apply?
- Gain experience with a top-tier global investment firm
- Build expertise in bank loan operations and settlement processes
- Competitive pay and strong professional exposure
Salary : $40 - $45