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WhiteCap Search · 1 day ago

VP - Bank Loan Quality Control Associate

New York, NY

Full-time

Hybrid

Senior Level

$150K/yr - $180K/yr

6+ years exp

WhiteCap Search is seeking an experienced Vice President, Bank Loans professional to join the Loan Quality Control team. This role involves overseeing outsourced operations functions, performing quality control checks, and providing operational support to Loan Trading Desks.

Professional ServicesRecruitingStaffing Agency

Responsibilities

Oversee outsourced operations functions including bank loan trade settlements, cash reconciliation, and CLO cash management; drive settlement priority for liquidity and ramp-ups

Perform daily quality control checks on outsourced processes

Execute retained operations functions such as fund setup in ClearPar, SSI setup in ADFlow, and KYC pre-approvals with agent banks

Provide daily operational support to U.S. and U.K. Loan Trading Desks

Act as a point of escalation for custodians and trustees

Monitor and maintain daily and monthly trade metrics, including volumes, aged trades, and delayed compensation

Support projects and process improvements as needed

Qualification

LSTA/LMA bank loan processesBank loan life cycleMicrosoft ExcelMicrosoft PowerPointMicrosoft Power BIBank loan middle officeBachelor’s degreeHigh GPA

Required

In-depth knowledge of LSTA/LMA bank loan settlement processes and the full bank loan life cycle (from trade allocation and settlement through loan activities, corporate actions, and restructurings)

Bachelor's degree (B.A. or B.S.) in Finance or a related field required

6 years of experience in bank loan middle office/operations

Proficiency in Microsoft Excel, PowerPoint, and Power BI

Strong record of academic achievement, including a high GPA