What are the responsibilities and job description for the Bank Loan Analyst I position at VARITE INC?
VARITE is looking for qualified Bank Loan Analyst I in Downers Grove, IL 60515 (Hybrid)
WHAT THE CLIENT DOES?
A global investment management firm that offers a wide range of investment solutions, including mutual funds, exchange-traded funds (ETFs), private equity, and real estate investment products.
WHAT WE DO?
Established in the Year 2000, VARITE is an award-winning minority business enterprise providing global consulting & staffing services to Fortune 1000 companies and government agencies. With 850 global consultants, VARITE is committed to delivering excellence to its customers by leveraging its global experience and expertise in providing comprehensive scientific, engineering, technical, and non-technical staff augmentation and talent acquisition services.
Job Title: Bank Loan Analyst I
Location: Downers Grove, IL 60515 (Hybrid - 4 days onsite in office)
Contract Duration: 12 months with possible extension.
Pay Rate Range: $42.00 - $45.00/hr. on W2.
HERE’S WHAT YOU’LL DO
Description:
Job Summary: As a premier global investment organization the Invesco Bank Loan Team offers a full product line of investment options to both institutional and retail investors. This opportunity with the Bank Loan Oversight and Administration Team will provide support to the portfolio management and investment team covering various reporting areas, trade support and settlement efforts.
Key Responsibilities / Duties:
- Responsible for the production of various scheduled reporting deliverables for internal clients, including, but not limited, to the investment team, reporting team members, legal & compliance.
- Ability to work as part of a team to ensure the group provides top-tier service to both internal and external clients and service providers.
- Work in support of the trader to ensure that all trading activity is being efficiently and accurately entered in a timely manner in support of ISSMs products.
- Collectively work with the trade closing team to assist in the coordination and facilitation of settlement efforts. Liaison with Invesco traders, trade counter parties and agent banks.
- Support the team to ensure and maintain the data quality and integrity of the critical information that supports the business. Complete data mining, from a variety of internal & external sources, and analysis for Bank Loan clients.
Work Experience / Knowledge:
- 2 years work experience preferred.
- Familiarity and experience with bonds and bond settlements is desired.
- A solid understanding of the security/loan market (LMA) and fund operations is desired.
- Experience in a reporting / product oversight role is plus.
- Experience in the investment management space is a plus.
Skills / Other Personal Attributes Required:
- Aptitude for detail and a strong commitment to accuracy.
- Excellent quantitative and qualitative analysis skills.
- Ability to conduct analysis and present data in a meaningful way.
- Proficient user of Microsoft Office, Excel, Access and Word.
- Working knowledge of S&P Wall Street Office and/or Allvue-Everest is a plus.
- Team Oriented Team player.
- Ability to work independently and follow through on projects.
- Self-motivated, ability to multi-task and complete tasks upon assignment.
- Open-minded, flexible, and willing to listen for other people's opinions.
- Excellent verbal and written communication skills and effective interpersonal skills.
Education:
- Bachelor's Degree required, business (Finance/Accounting) degree preferred.
Working Conditions:
- Normal office environment with little exposure to noise, dust and temperatures.
- Normally a regular schedule of hours, however hours may vary depending upon the project or assignment.
- Hours may include evenings and/or weekends if necessary.
BENEFITS:
We offer a comprehensive benefits package designed to support the health, well-being, and financial security of our employees and their families. Eligible employees may receive:
- Health Insurance: Medical, dental, and vision coverage
- Retirement Plans: Participation in a company-sponsored retirement savings plan.
- Legal Service Plans: Offering access to attorneys for legal advice and representation.
If this opportunity interests you, please respond by clicking on EasyApply.
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VARITE is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Salary : $42 - $45