Bank Loan Services Analyst (Downers Grove, IL/NYC)

Our Customer is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. They manage $1,198.7 billion in assets on behalf of clients worldwide with the help of over 8,000 highly engaged and motivated employees focused on client needs. They actively encourage their people to collaborate to find the best ideas and solutions for clients, leveraging the tremendous diversity of thought that exists across their global organization.We are seeking a Bank Loan Services Analyst on a contract basis to help support our Customer’s business needs. This role is hybrid (4 days on-site and 1 day remote/week) in Downers Grove, IL, or NYC.The candidate for this position will be part of the Bank Loan Services group, responsible for cash and position reconciliation, research, and resolution across a variety of investment vehicles specializing in the Bank Loan asset class.ResponsibilitiesCoordinate trade settlement for primary and secondary loan closings with external parties across par and distressed tradesMaintain bank loan activity within loan systems, including interest rate resets, principal repayments, drawdowns, and margin changesResearch and resolve issues using internal systems, agent notifications, public information, and trustee recordsServe as liaison with counterparties, trustees, and agent banks to resolve cash discrepancies with custodians, trustees, agent banks, and seller banksInitiate verbal and written communications to escalate and resolve settlement or operational issuesTrack issue resolution, perform root cause analysis, and identify control gapsPartner with team members to complete internal operational tasksDocument process requirements and operational proceduresProvide backup support to other team members as neededSupport additional projects and duties as assignedSkills And QualificationsBachelor’s degree required2+ years of post-graduation professional experienceSolid understanding of the broadly syndicated loan marketProficiency with Wall Street Office (WSO) systemsBackground in accounting or finance preferredStrong proficiency in Microsoft Excel and other Microsoft Office applicationsStrong verbal, written, and analytical communication skillsHigh attention to detail with a strong commitment to accuracyStrong quantitative and qualitative analysis skillsAbility to work independently and follow through on assignmentsStrong organizational skills with the ability to prioritize, multitask, and meet deadlinesSelf-motivated with a proactive, problem-solving mindsetWe offer a competitive salary range for this position. Most candidates who join our team are hired at the median of this range, ensuring fair and equitable compensation based on experience and qualifications.Contractor benefits are available through our 3rd Party Employer of Record (Available upon completion of waiting period for eligible engagements) Benefits include: Medical, Dental, Vision, 401k.An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.