Hybrid Senior Analyst – Bank Loan Services

at Softcard (acquired by Google)

• Job title: Senior Analyst – Bank Loan Services
• Job type: Full Time
• Experience level: Senior
• Salary: $95,000 - $105,000 per year
• Degree requirement: Bachelor's Degree
• Tech skills: Python, RPA, SQL, VBA
• Location requirements: Hybrid, Downers Grove, United States

About the role

• Sr. Analyst in Bank Loan Services at Invesco, maintaining loan activities and liaising with banks. Analyzing securities, coordinating settlements, and enhancing operational processes.

Responsibilities

• Maintenance of all bank loan activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in the Bank Loans systems
• Liaison with trustees and agent banks in relation to issues and resolve problematic cash discrepancies with Custodians, Trustees, Agent Banks, and/or Seller Banks
• Provide deep dive analysis of various bank loan securities where valuations are questionable or valuation differences between vendors or broker quotes are material
• Support of cash reconciliation process to ensure accuracy and completeness of available data
• Administer WSO data fax service and liaison with service provider to resolve notice issues
• Coordinate trade settlement of Primary & Secondary loan closings with external parties (Par & Distressed, LSTA & LMA)
• Review foreign currency positions and determine potential FX spot and forward adjustments
• Monthly & Quarterly reporting – reconciliation with portfolio managers and custodial banks
• Perform daily maintenance of internal and external credit ratings
• Monitor compliance reporting to internal departments
• Provide daily cash flow projections to portfolio managers, analysts, and Bank Loan Services
• Lead Audit Process across multiple fund structures with internal and external auditors
• Understand and coordinate complex restructure activities for assets across various internal and external teams
• Perform other projects or duties when needed
• Work with the team to increase automation and identify efficiencies of core processes
• Enhance processes using workflow automation, robotic process automation, and other applications/computer languages
• Function as point person to internal and external groups on core tasks
• Develop into a process leader, functional expert, and create new initiatives
• Document process requirements
• Systems testing of upgrades and enhancements
• Provide back up to other members of team

Requirements

• 7+ years of leverage loan experience (Agency or closing group) work experience
• A solid understanding of the security market and CLO operations is beneficial
• Strong verbal, written, & analytical skills
• Aptitude for detail and a strong commitment to accuracy
• Excellent quantitative and qualitative analysis skills
• Ability to work independently and follow through on projects
• Self-motivated, ability to multi-task and complete tasks upon assignment
• Knowledge of Wall Street Office (WSO) and Everest is preferred
• Proficient in Microsoft Office, specifically Excel is required
• Understanding of computer languages (VBA, Python, SQL) is preferred
• Knowledge of workflow automation tools and ability to quickly learn processes
• Organizational skills necessary to meet deadlines, prioritize projects, and multi-task
• BA/BS – Finance/Accounting preferred

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan