Bank Loan Manager
Bank Loan Manager
Duties and Responsibilities
- Facilitate bilateral loan servicing
- Security setup and maintenance
- Data management (activity processing like drawdowns, paydowns, PIK, rate resets)
- Borrower/lender communication
- Expand role to cover data management, event processing, and loan closings
Desired Skills and Experience
- Experience: 5-8 years in hedge funds or similar roles
- Knowledge: Bilateral loans, broadly syndicated loans, credit markets
- Work Experience: Loan administration, loan servicing, loan closing
- Software: Familiarity with LoanStreet, LoanIQ, ACBS, Clearpar, Wall Street Office, and/or deal sites
- Documentation: Experience with LSTA/LMA standard documentation
- Skills: Proficiency in reading and analyzing Credit Agreements, Microsoft Excel
- Managerial Experience: 1+ year
Ideal Candidate
The ideal candidate will have substantial experience in hedge funds or similar financial services, with a strong understanding of bilateral and broadly syndicated loans. They should be proficient in industry-standard loan software and have experience with LSTA/LMA documentation. Strong analytical skills and proficiency in Microsoft Excel are essential, along with at least one year of managerial experience.
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