Analyst, Secondary Loan Trade Servicing

We are seeking an Analyst to support the end-to-end processing and administration of secondary loan trades, ensuring accurate and timely execution of post-trade activities across the trade lifecycle. The role is responsible for trade booking, funding and settlement calculations, break investigation and resolution, and maintaining accurate records within platforms such as ClearPar and Loan IQ. The successful candidate will work closely with internal stakeholders, counterparties, and agent banks to ensure efficient trade settlement and adherence to established operational controls and service standards.

Roles and responsibilities

• Book settled trades and position transfers in Loan IQ following settlement in ClearPar
• Calculate and verify purchase price, accrued interest, fees and delayed compensation; prepare and review funding memos
• Process assignment and settlement events and update facility ownership and position records
• Reconcile trade positions and cash between ClearPar, Loan IQ and counterparties; investigate and resolve breaks
• Coordinate with agent banks and counterparties on settlement requirements and outstanding items
• Monitor aged and pending trades and escalate delays
• Review junior analysts' work as checker

Experience and qualification

• 1 to 3 years of experience in secondary loan trade settlement or syndicated loan operations
• Hands-on Loan IQ experience; ClearPar knowledge preferred
• Understanding of LSTA trading conventions, settlement timelines for par and distressed trades, and delayed compensation
• Degree in finance, commerce, accounting or a related field
• Strong Excel skills and clear communication with counterparties