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Bank Loan Operations Servicer in Downers Grove, IL at Genesys Talent LLC

Date Posted: 3/8/2019

Job Snapshot

Job Description

We have an immediate need for a Bank Loan Operations Servicer for a 6 month contract to hire position in Downers Grove, IL (60515).  

SummaryThe candidate for this position will be part of the Bank Loan Services group within Invesco’s Senior Secured Management, Inc. that will be responsible for assisting with the day-to-day support of the Bank Loan platform that conducts business across various special purpose vehicles.

Some Key Responsibilities/Duties:
  • Support reconciliation process to ensure accuracy and completeness of available data
  • Maintenance of all bank loan activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in the Bank Loans systems
  • Coordinate trade settlement of Primary & Secondary loan closings with external parties (Par & Distressed, LSTA & LMA)
  • Liaison with trustees and agent banks in relation to issues and resolve problematic discrepancies with Custodians, Trustees, Agent Banks, and/or Seller Banks
  • Administer WSO Data fax service and liaison with service provider to resolve notice issues
  • Perform complex restructures including multi-currency re-builds, defaults, and extensions
  • Review foreign currency positions and determine potential FX spot and forward adjustments
  • Monthly & Quarterly reporting - reconciliation with portfolio managers and custodial banks
  • Perform daily maintenance of internal and external credit ratings
  • Monitor compliance reporting to internal departments

  • Bachelor’s degree required
  • Must have Industry experience (Investments/ Mutual funds, Portfolio, Corporate loan, etc.
  • Great customer service skills