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Manager - Loan Operations - Reconciliation Specialist

Remote: 
Hybrid
Contract: 
Experience: 
Senior (5-10 years)
Work from: 
Boston (US), New York (US)

Offer summary

Qualifications:

Bachelor’s degree in finance or related discipline, 5+ years in financial services operations, 3+ years of supervisory experience, Knowledge of syndicated loans.

Key responsabilities:

  • Manage daily transaction and cash reconciliations
  • Oversee and coordinate resolution of discrepancies
SS&C Technologies logo
SS&C Technologies Large http://www.ssctech.com
10001 Employees
See more SS&C Technologies offers

Job description

As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Job Description

Manager, Loan Operations - Reconciliation Specialist

Locations: NYC| Union, NJ | Los Angeles, CA| Boston, MA| Dallas, TX | Hybrid 

Get To Know The Team: 

SS&C is looking for a manager to join our Loan Operations Reconciliation team.  The candidate is responsible for monitoring and resolving cash and position discrepancies between the bank and agent banks for some of our largest loan clients.  This includes performing root cause analysis, KPI reporting and coordinating break resolution with all parties. The ideal candidate will have experience in the Loan asset class as well as oversight and implementation of best reconciliation practices.

Why You Will Love It Here!  

  • Flexibility: Hybrid Work Model & a 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  
  • Diversity & Inclusion: Committed to Welcoming, Celebrating and Thriving on Diversity 
  • Training: Hands-On, Team-Customized, including SS&C University  
  • Extra Perks: Discounts on fitness clubs, travel and more! 

What You Will Get To Do:     

  • Assume responsibility over the daily Position/ Transaction and Cash reconciliations of multiple accounts to Custodians/Clients & Agent banks.
  • Work closely with the Client, internal teams, and custodians/agents to ensure timely resolution of breaks and issues and mitigate risk for our clients. 
  • Oversee a team of analysts and build strong reconciliations processes and procedures. Ensure team adheres to best business practices of the firm.  
  • Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues.
  • Review root cause analysis to make recommendations to improve processes, create efficiencies and mitigate risk.
     

What You Will Bring: 

  • Bachelors degree in finance or related discipline  
  • 5+ years financial services/securities industry experience in operations and loan operations working for either a prime broker, administrator or hedge fund  
  • 3+ years of supervisory experience 
  • 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 

Thank you for your interest in SS&C! To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com/careers. 

#LI-Hybrid 

#LI-AK1

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Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

SS&C offers excellent benefits including health, dental, 401k plan, tuition and professional development reimbursement plan.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.

Salary is determined by various factors including, but not limited to, relevant work experience, job related knowledge, skills, abilities, business needs, and geographic regions.

NY: Salary range for the position: $85,000 USD to $155,000 USD. California: Salary range for the position: $85,000 USD to $130,000 USD.

Required profile

Experience

Level of experience: Senior (5-10 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Communication
  • Problem Solving
  • Time Management

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