Loan Reconciliation - Mumbai

Job Description:

Loan Reconciliation – 1 opening for US Shift (Only Male) & 1 opening for European Shift (Females are also ok)

Responsibilities:
• Prepare daily and month end loan portfolio reconciliation. Reconciling the notional, interest accruals and funded and unfunded balances vs. agents and vs. Administrator.
• Breaks investigation and booking adjusting items in the client system
• Maintain Loan books on daily basis in client system
• Liaise with PB/custodian/Agent/Admin for breaks resolution
• Prepare assignment / participation documentations
• Prepare invoices and notices for lifecycle events of loan products on monthly or quarterly basis, as the case may be
• Work on daily wire submissions for all parties involved in the deals
• Book accruals, drawdowns and pay downs for all loan facilities as per agent notices
• Work on rollovers / resets / repricing of loans on monthly or quarterly basis as the case maybe
• Instruct Administrator on booking and processing of trades and other activities involved in loan products life cycle
• Preparation of agreements and finalization of documents and sending across to all parties involved

Technical / Domain Competency:
• 3+ years of hands-on experience in back office / middle office operations domain with reputed fund administrator / investment bank specifically focusing on loan operations
• Have a very strong technical background, knowledge of fixed income and structured and private loans
• Proven skills in dealing with complex issues at multiple operating levels in fast-paced environment and across different stakeholders, both internal and external.
• Experience on Process efficiency improvement initiatives
• Good Excel skills
Desired Skill Set:
• Ability to multitask and work well with many groups across the firm
• Ability to interact with Prime brokers and administrators for resolution of issues
• Ability to manage high risk / critical escalation with detailed approach towards root cause identification and remediation
• Ability to work on multiple assignment with strict timeframe / without breaching SLA as per dynamic needs of the business
• Strong written and verbal communication skills, excellent problem-solving and troubleshooting skills
• Must be able to provide strong professional references