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Bank Loan Settlements Specialist

Posted 22 days ago

  • Expiry Date: 25 May 2022

About Client:

  • Client is an American financial services and bank holding company with operations worldwide. It is the second-oldest continually operating United States bank.

​Job description:


  • Responsible for coordinating timely settlement of bank loan trade activity with multiple parties.

  • Heavy external phone and email in addition to internal team floor communication. 

  • Cultivates effective working relationships with settlement parties.

  • Processes trade instruction received from Investment Manager into a recordkeeping system. 

  • Resolves manual and automated processing errors as needed.

  • Maintains clear and concise status comments on unsettled trade activity.

  • Delivers material updates to clients on a regularly scheduled and ad hoc basis.


  • BS or BA degree in Finance, Economics, or related discipline.


  • Minimum 5 years of investment management operations experience – technical knowledge of bank loan settlements and trade processing preferred

  • Skills: Proficiency with Visio, Technical knowledge of LSTA/LMA par/distressed processing and settlements.

  • Hands-on experience: ClearPar, CorTrade, and WSO systems.

  • Background: Syndicated bank loan operations – particularly around process layout, design/redesign, and VBA coding.

About ASK: ASK Consulting is an award-winning technology and professional services recruiting firm servicing Fortune 500 organizations nationally. With 5 nationwide offices, two global delivery centers, and employees in 42 states-ASK Consulting connects people with amazing opportunities.

ASK Consulting is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all associates.