Associate, Loans Operations Analyst
Role Summary
Markit’s Dallas,TX office is seeking an experienced and motivated Loan Operations Analyst tasked with offering data to the leveraged loan market. This Loan Operations Analyst will be responsible for the receipt and maintenance of all loan data at a deal level. This data will then flow systematically to the market eliminating the need to re-key data and associated risk of human error. Key responsibilities include client satisfaction, operating efficiencies, data accuracy and processing timeliness.
This position promises a unique opportunity to work in a dynamic, fast growing and entrepreneurial, global company. The applicant will have drive, a can-do attitude, and an ability to juggle a wide variety of responsibilities in a fast-moving environment. The applicant will ideally reside within reasonable commuting distance from the Dallas office.
The Company
Markit is a financial information services company with over 1,000 employees in Europe, North America and Asia. Over 1,000 financial institutions use our independent services to manage risk, improve operational efficiency and meet regulatory requirements.
Duties and Accountabilities
- Process all aspects of new deal closings, restructures, amendments.
- Insure timely and efficient booking of all new borrowings, increases, rollovers, pay downs, commitment reductions, etc.
- Responsible for booking of all Deal/Facilities at a global level and for the accuracy of all daily activities by checking source Loan Documentation and faxes from agent banks.
- Process interest, commitment fees and investigate discrepancies when necessary
- Review system generated reports to ensure proper monitoring of the facilities and handle exception items.
- Interact with appropriate individuals/entities to gather all pertinent information/details in order to reflect the Global deal accurately in the system.
- Handle all aspects of cash reconciliation / issue resolution
- Complete special projects as assigned
Business Competencies
- Experience in the financial industry
- Experience in high-yield or leveraged loan financial markets
- Understanding of the syndicated bank loan market
- Strong PC skills – Microsoft Office
Personal Competencies
- BA or BS degree or equivalent
- Strong work ethic
- Organized and detail oriented
- Analytically minded and task driven
- Good communication skills
The Package
The salary will be competitive and the individual will participate in the company’s discretionary bonus scheme. The benefits are of a market standard ensuring that total compensation will be competitive.
The Contact
Interested applicants should send their CV and a covering letter to careers.na@markit.com citing "Loan Ops Analyst" in the subject line.