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Loan Operations Associate

2 weeks ago


Newark, DE, United States Kforce Full time
Responsibilities

Kforce has a client in Newark, DE that is seeking a Loan Operations Associate who will support primary and secondary loan trade closings and perform Third-Party Agency Reviews within the Loan Trading Documentation team. This team supports North America Credit Trading and Syndicated Leverage Finance. Strong organizational skills, accuracy, and the ability to work in a fast-paced environment are essential.Key Responsibilities:
  • Support settlement of secondary par loan trades by working with traders, sales, clients, counsel, and operations
  • Manage a high-volume trade portfolio while maintaining clean aging
  • Review LSTA documents and legal agreements (confirmations, assignments, proceeds letters, participation agreements, etc.)
  • Review credit agreements with focus on assignability language
  • Identify and escalate issues to trading, legal, and management
  • Prepare daily/weekly reporting to track open items and risk
Skills
  • Bachelor's degree or relevant syndicated loan experience
  • Strong Excel skills (VLOOKUP, pivot tables)
  • Proficiency in Word and PowerPoint
  • Excellent communication, analytical thinking, and attention to detail
  • Ability to multitask, stay organized, and operate under pressure


The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

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Kforce is a professional staffing services firm offering Technology and Finance & Accounting jobs with top employers nationwide. We specialize in providing contract, contract-to-hire and direct placement opportunities, with over 50 years of experience in the staffing industry. Kforce offers many consultants comprehensive benefits depending on employment status, including medical, dental, 401(K), life insurance and disability. Our vision is to be "the firm most respected by those we serve."