What are the responsibilities and job description for the Middle Office Associate- Bank Debt & Loan Operations position at Northbound Executive Search?
Our client, a well-known Financial Services firm in New York, is looking for a Middle Office Associate- Bank Debt & Loan Operations to join its team.
Responsibilities
- Support daily middle office operations for bank debt and fixed income products across multiple investment portfolios
- Manage loan lifecycle events including rate resets, principal payments, drawdowns, amendments, and restructurings
- Coordinate primary and secondary loan trade settlements with external counterparties and internal stakeholders
- Investigate and resolve trade, cash, and position discrepancies with custodians, trustees, agent banks, and brokers
- Monitor portfolio cash balances and assist investment teams with operational support
- Oversee complex loan events including refinancing, extensions, defaults, and restructurings
- Support trade lifecycle activities and ensure timely and accurate operational processing
- Identify opportunities for process improvements, operational efficiencies, and enhanced controls
- Assist with documentation, workflow optimization, and project-related initiatives
- Serve as an escalation point for operational issues and collaborate cross-functionally to resolve time-sensitive matters
Qualifications
- Experience supporting middle office operations within asset management, investment management, or financial services environments
- Knowledge of bank debt, syndicated loans, fixed income products, and trade settlement processes
- Understanding of loan lifecycle events and reconciliation processes
- Experience working with external counterparties including custodians, trustees, brokers, and agent banks
Salary : $60 - $70