Loan Operations; Associate

Company

Jefferies is a leading global, full-service investment banking and capital markets firm with headquarters in New York City and major hubs including London, where you will be based. It offers a broad suite of services across investment banking, sales & trading, research, wealth & asset management, and merchant banking. The firm is part of Jefferies Financial Group Inc. (NYSE: JEF) and employs over 7,700 people worldwide, with more than 40 offices across North America, Europe, the Middle East, and APAC.

The Loan Operations team is responsible for the settlement and loan life cycle events related to Jefferies’ purchase of secondary loans, Collateralized Loan Obligation, and Total Return Swaps. The secondary loan market refers to the sale of loans that occur after syndication, including sales of trades of syndicated loans made by lenders in the original syndicate and those made by subsequent purchasers.

• Arranging the funding, purchase, and settlement of loans
• Interpret credit agreements
• Reconciling settled positions
• Reconciling cash related to purchases, loan repayments, fees, etc.
• Processing business activity into Loan IQ
• Assisting product controllers with the accurate capture of details into the General Ledger
• Coordinating between Closers, Product Control, Treasury, and any other involved parties
• Calculating LOR, delayed comp, cost of carry payments when needed
• Coordinate and monitor payments and reconcile all differences with agent
• Ad-hoc tasks as needed related to business activity

• Thorough knowledge of Finastra LoanIQ and how to operationally process secondary loans, Collateralized Loan Obligation (CLO) and Total Return Swaps (TRS)
• Strong attention to detail, strong written and verbal communication skills
• Strong Excel skills (especially Pivot Tables and VLOOKUP), team player, proven ability as a self-starter, ability to think quickly under pressure
• Understanding of basic BBG, computer programming (SQL) and data set manipulation a plus, but not required

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law.

We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.