What are the responsibilities and job description for the Loan Closer position at Northbound Search?
Loan Closer
Our client is a reputable financial services firm seeking to add a loan closer to their growing team. We are ideally seeking candidates with 3 years of loan closing experience with exposure to syndicated loan products. This position is remote-hybrid and is interviewing and starting the right candidate immediately. This position starts on a temporary basis paying $50-60/hr per hour.
Responsibilities:
- Prior experience in coordinating the settlement of loan products and securities in private markets/financial services industry.
- Experience with fund structures, SPVs, a tax blockers
- Experience with specialized credit and lending products (Collateralized Loan Obligations, Project Finance, Loan Trading, and Derivatives)
- In depth knowledge of ClearPar and LSTA settlement guidelines
- Experience with distressed trading and settlements, bankruptcy reorganizations, and common debt amendments.
- Experience interacting with brokers and securities counterparts
Qualifications:
- Bachelors degree is preferred
- KYC and Tax experience is a plus
- Accounting and General Ledger knowledge is a plus
- Excellent at communication and required escalation
- Strong quantitative and qualitative skills
- Entrepreneurial, driven and proactive
- Must be comfortable as the primary liaise between the front office and back office
Salary : $50 - $60