At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Syndicated Loan Trading Administrator II to join our Corporate Trust Operationsteam. This role is located in Houston, TX, and will work a Hybrid schedule (3 days per week in-office required).
In this role, you'll make an impact in the following ways:
Manage the day-to-day servicing needs for a portfolio of syndicated loans.
Accurately review/analyze documentation and information related to trades and syndicated loans.
Confirm pertinent data for lender validations to ensure timely processing of loan trades.
Research and resolve loan related matters, manage complex client inquiries, and identify, investigate, and resolve escalated issues.
Collaborate with internal teams/external clients to communicate needs and issues, as applicable.
Verify completion and execution of trade documentation (i.e., trade confirmations, transfer certificates, assignment agreements, etc.) prior to release of funds for purchases.
Conduct callbacks for new lenders and follow appropriate procedures for trades not received via ClearPar to confirm and authenticate trade and money movement instructions.
Coordinate and process settlements from purchases and sales, documenting relevant trade and asset information.
Track purchases, sales, interest accruals, loan positions and proceeds to ensure accuracy.
Complete audit confirmations, manage position verifications, and research discrepancies.
May allocate/coordinate work within a team or project and employ subject matter and industry expertise within defined areas.
Solve complex problems based on knowledge and intricacies related to the loan system.
To be successful in this role, we're seeking the following:
Bachelor's degree or the equivalent combination of education and experience is required.
3-5 years of total work experience is preferred.
Ability to manage multiple tasks and work effectively across groups within the organization.
2-3 years of related experience withSyndicated loans and/or comparable commercial lending experiencepreferred.
Experience with loan-based software:Loan IQ and ClearParstrongly preferred.
Ability to work under limited supervision.
At BNY, our culture speaks for itself. Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.