Senior Associate, Loan Servicing (Accounting)

Job Description

Senior Associate, Loan Servicing

Locations: New York City | Windsor, CT | Hybrid

Get To Know Us:

SS&C is leading the way. We continue to look for todays and tomorrow’s brightest talent, those that embody a spirit to improve not only their lives, but those around them. From college students to seasoned and experienced professionals, we encourage you to apply. SS&C prides itself on hiring diverse, honest, dynamic individuals, who value collaboration, accountability, and innovation to name a few.

Why You Will Love It Here!

• Flexibility: Hybrid Work Model and Business Casual Dress Code, including jeans
• Your Future: 401k Matching Program, Professional Development Reimbursement
• Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
• Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
• Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
• Training: Hands-On, Team-Customized, including SS&C University
• Extra Perks: Discounts on fitness clubs, travel and more!

What You Will Get To Do:

• Perform daily or monthly reconciliations against multiple servicers, custodians and/or asset managers
• Identify, research, and escalate any breaks against established counterparties
• Reconcile daily / monthly GL transactions to ensure all loan transactions are processed and recorded accordingly
• Perform critical self-review of work product prior to submission to client and/or supervisor
• Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sale, etc.
• Monitor cash account and reconcile loan payment received from borrower
• Upload newly originated / purchased loan onto SS&C loan servicing software and send welcome package to borrower
• Generate various loan notices such as billing statement, maturity notice, late payment notice, payoff statement, etc
• Assist in the implementation of new clients

What You Will Bring:

• Bachelor’s degree in Accounting, Finance or related discipline
• 2+ years’ financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund
• Understanding of syndicated loans; including closing and maintenance of loans as well as the interrelationship with agent banks
• Advent Geneva experience a plus
• Knowledge of WSO, LoanSERV and Clearpar a plus
• Strong written and verbal communication skills
• Proven ability to work under pressure and make deadlines
• Solid client relationship management skills

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