Location: New York City -Hybrid Schedule
Job Summary
We are seeking an experienced Loan Trading Support Administrator to support the full lifecycle of loan trade transactions, from trade capture through settlement. This role will partner closely with the Loan Trading Desk and internal operations teams to ensure timely and accurate execution, settlement, reconciliation, and issue resolution for loan trades.The ideal candidate will have hands-on experience with ClearPar (required) and Loan IQ, strong knowledge of syndicated loan operations, and the ability to manage multiple transactions in a fast-paced financial services environment.
Key Responsibilities
Manage the full loan trade lifecycle from trade initiation through final settlement Create, process, and settle loan trades in ClearPar Book trades and maintain loan structures in Loan IQ, including deal, facility, circle, and loan creation Process and track fees within Loan IQRequired Qualifications
Preferred Qualifications
- Review and release payments related to loan settlements
- Reconcile settled and unsettled trade flows and resolve discrepancies
- Monitor aging and unsettled trades and provide reporting to management and the trading desk
- Partner closely with the Loan Trading Desk to support booking and settlement activity
- Coordinate with internal Operations and external partners to ensure timely settlement
- Oversee and validate outsourced loan trading support functions for accuracy and completeness
- Communicate and escalate settlement issues to internal stakeholders as needed
- Support process improvement initiatives and operational efficiency projects
- 3 years of experience in loan trading support, loan operations, or syndicated loan settlements within financial services
- Hands-on ClearPar experience (required)
- Experience with Loan IQ
- Strong understanding of syndicated loan trade lifecycle and settlement processes
- Experience with trade reconciliation and payment release processes
- Strong knowledge of loan documentation and trade workflows
- Advanced proficiency in Microsoft Excel and Microsoft Word
- Strong analytical, organizational, and problem-solving skills
- Ability to manage deadlines and work effectively in a high-pressure environment
- Strong communication skills and attention to detail
- Experience working directly with loan trading desks or middle office teams
- Experience overseeing outsourced operations partners
- Knowledge of loan trading regulations and market best practices