Loan Analyst

Our client, a leading independent investment management firm, is seeking an experienced Bank Loan Services Analyst for a 6+ month contract in Downers Grove, IL. This position is hybrid with 3 days per week onsite. The candidate for this position will be part of the Bank Loan Services group that will be responsible for assisting with the day-to-day support of the Bank Loan asset class that conducts business across various funds. Key Responsibilities / Duties: Support of cash reconciliation process to ensure accuracy and completeness of available data Maintenance of all bank loan activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in the Bank Loans systems Coordinate trade settlement of Primary & Secondary loan closings with external parties (Par & Distressed, LSTA & LMA) Liaison with trustees and agent banks in relation to issues and resolve problematic cash discrepancies with Custodians, Trustees, Agent Banks, and/or Seller Banks Administer WSO data fax service and liaison with service provider to resolve notice issues Perform daily maintenance of internal and external credit ratings Monitor compliance reporting to internal departments Systems testing of upgrades and enhancements Document process requirements Perform other projects or duties when needed Provide back up to other members of team Work Experience / Knowledge: 0-2 years of work experience post-graduation A solid understanding of the security market and mutual fund operations, is beneficial Background in accounting / finance preferred Proficiency in Microsoft Office, specifically Excel is required Good verbal, written, & analytical skills Aptitude for detail and a commitment to accuracy Good 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 Organizational skills necessary to meet deadlines, prioritize projects, and multi-task Formal Education: BA/BS required