Syndicated Loan Operations Specialist

Phyton Talent Advisors
New York, NY

Seeking an experienced syndicated loan operations professional to join the FID Secured Lending (FSL) Operations team on a temporary basis. The business is experiencing significant growth, and this role will provide immediate production support across loan booking, participant servicing, and agency servicing functions within LoanIQ. This is a highly hands-on role requiring someone who can contribute from day one with minimal ramp-up. Prior experience at a major syndicated lending institution, either on the agent bank or participant side, is required.


Responsibilities:

  • Book new loan facilities in LoanIQ, including deal, facility, and loan-level hierarchy setup based on credit agreement terms
  • Extract and input commercial terms including pricing grids, commitment amounts, maturity dates, repayment schedules, borrowing bases, and financial covenants
  • Set up deal economics to support regulatory capital calculations, risk exposure reporting, and credit availability
  • Coordinate with Front Office, Legal, and Product Control teams on closing mechanics and funding instructions
  • Process participant servicing events including interest payments, fee payments, principal repayments, rate resets, and rollovers
  • Reconcile agent bank notices against LoanIQ records and resolve discrepancies involving payment amounts, accruals, and rates
  • Process borrowing base certificates, compliance certificates, amendments, extensions, and waivers
  • Perform agency servicing functions including payment distributions, lender position management, and syndicate servicing activities
  • Manage primary syndication activity, secondary trade settlements, assignments, participations, and commitment changes
  • Generate and distribute lender notices including drawdowns, rate settings, paydowns, amendments, and waiver requests
  • Process SOFR rate resets and calculate all-in rates including applicable margins and floors
  • Ensure transactions are completed within SLAs and in accordance with operational controls and procedures
  • Escalate operational breaks, exceptions, and fails as needed
  • Support month-end and quarter-end processing, accrual verification, and GL reconciliation support


Qualifications:

  • 6+ years of syndicated loan operations experience within a bank, fund administrator, or financial institution
  • Strong hands-on LoanIQ experience required, including deal/facility/loan hierarchy navigation, servicing event processing, and troubleshooting
  • Experience across at least two of the following areas: loan booking/deal setup, participant servicing, or agency servicing
  • Understanding of SOFR lending conventions including lookback mechanics, compounding methods, and fallback provisions
  • Ability to read and interpret credit agreements, amendments, and agent notices
  • Strong attention to detail in a high-volume, deadline-driven environment
  • Prior experience at a bulge-bracket or large regional bank preferred
  • Experience with structured credit products such as CLO warehouses, CRE warehouses, and subscription finance/capital call facilities is a plus
  • Exposure to Microsoft Dynamics or similar workflow/case management tools preferred
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