IT ENGAGEMENTS, INC.
IT ENGAGEMENTS, INC.

Loan Trading Support Analyst

New York, NY, US • Posted 2 days ago • Updated 2 days ago
Contract Independent
Contract W2
Contract Corp To Corp
Travel Required
On-site
Fitment

Dice Job Match Score™

🤯 Applying directly to the forehead...

Job Details

Skills

  • Loan Trading

Summary

Greetings from IT Engagements!

IT Engagements is a global staff augmentation firm providing a wide-range of talent on-demand and total workforce solutions. We have an immediate opening for the below position with one of our premium clients.

Job Description

Job Title: Loan Trading Support Analyst
Location: NY, Hybrid 3 Days Onsite
Experience: 10+ years (Not less than 10 years)
Duration: 12 Months
Interview: Final interview will be F2F
Visa: H1B, GCEAD, EAD, USC
Mandatory Requirements:
  • 3+ years of experience in financial services
  • Knowledge of current regulations and best practices
  • Knowledge of PC (Excel & Word), Loan IQ
  • Strong analytical and problem-solving skills.
  • Ability to work under pressure and meet tight deadlines.
  • Effective written and verbal communications as well as a keen sense of detail orientation are also required.
  • Undergraduate degree in Finance or comparable experience
Summary
The Loan Trading Support Administrator will be responsible for partnering with the Loan Trading Desk and assisting the Front Office in the transaction process of each trade to ensure optimal support, customer service, risk management and process improvement. He/she/they will also oversee Alter Domus, our current Loan Trading outsourcing partner for accuracy and completeness in their job functions. The ideal candidate is organized, proactive, highly motivated, always exhibits professional conduct and possesses the skills to remain calm under pressure.
Essential duties and responsibilities
  • Manage Loan Trades life cycle from initiation to Settlement.
  • Have the ability to create the ticket and settle the Trade in Clearpar
  • Liaise with and oversee Alter Domus ("AD"), our outsourcing provider for Loan Trading. Verify accuracy of AD inputs in Clearpar, confirm AD is performing duties as specified according to our work agreement.
  • Assist the Loan Trading Desk, maintain communication on booking and settlement
  • Be able to check and release the payments, have proper understanding of loans
  • Regularly reconcile the flows and settled/unsettled trades
  • On date of settlement, circulate trade documents to Loan Trading desk and Operations (BO) so settlement can be performed.
  • Effectively communicate and escalate any trade issues to related internal stakeholders.
  • Have ability to book the trade in Loan IQ : create Deal, Facility, Circle and Loan in Loan IQ
  • Have ability to process fees in LIQ.
  • Monitor unsettled trades and generate reports to management and/or trading desk as needed.
  • Communicate and resolve loan trade issues and any discrepancies prior to the settlement
  • Participate in projects and provide valuable input with various working groups, with the goal to continually enhance performance and efficiency.
Regards,
Satya
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 91119149
  • Position Id: 2026-2192
  • Posted 2 days ago
Create job alert
Set job alertNever miss an opportunity! Create an alert based on the job you applied for.

Similar Jobs

Loan Closing Specialist (commercial lending and asset financing)

New York, New York

•

5d ago

Easy Apply

Contract

Depends on Experience

LoanIQ Developer

Hybrid in New York, New York

•

3d ago

Easy Apply

Contract

$30 - $34

Immediate Interview: Need LoanIQ Developer_ NY

New York, New York

•

3d ago

Easy Apply

Contract, Third Party

40 - 45

Loan IQ Infrastructure & Automation Consultant

Hybrid in Jersey City, New Jersey

•

19d ago

Easy Apply

Third Party, Contract

Depends on Experience

Search all similar jobs