Analyst, Participation Servicing
We are seeking an Analyst to support the end-to-end servicing and administration of participation loan facilities for a US-based banking client. The role is responsible for processing servicing transactions, reconciling cash movements, investigating exceptions, and ensuring the accurate maintenance of loan records within Loan IQ. The individual will work with a moderate level of independence while adhering to established controls, service standards, and operational procedures. In addition, the role includes reviewing and validating work completed by junior team members to ensure quality and accuracy.
Roles and responsibilities
- Process drawdowns, rollovers, repayments, rate settings and fee events on participation facilities in Loan IQ, based on agent notices
- Verify interest and fee accruals (including SOFR-based, term and daily compounded structures) against agent calculations
- Investigate cash breaks, short or over payments and unapplied cash, and coordinate resolution with agent banks
- Process commitment changes, amendments and ownership or position changes
- Monitor past dues and follow up with agents
- Prepare daily and monthly MIS and support audit requests
- Review junior analysts' work as checker
Experience and qualification
- 1 to 3 years of experience in syndicated loan servicing or loan operations
- Hands-on Loan IQ experience
- Good understanding of LMA and LSTA conventions, SOFR mechanics and payment flows
- Degree in finance, commerce, accounting or a related field
- Proficiency in Excel; clear written communication