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Senior Specialist, Credit Services & Loan Closing

Job in New York, New York County, New York, 10261, USA
Listing for: BNY
Full Time position
Listed on 2026-06-26
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Compliance, Loan Servicing
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below
Location: New York

Job Description

We’re seeking a future team member for the role of Senior Specialist, Credit Services & Loan Closing to join our Credit Services Administration team. This role is located in New York, NY.

  • Lead end-to-end syndicated loan closings, including CP validation, funding coordination, lender allocations, and seamless onboarding.
  • Knowledge of LSTA/LMA standards and syndicated loan life cycle, which includes familiarity with par loan trading and loan settlement processes.
  • Analyze and interpret credit documentation to extract and validate key terms (rates, fees, covenants, maturities) for accurate deal capture and booking.
  • Own facility setup and lifecycle management, including onboarding, amendments, waivers, extensions, repricing, and restructurings.
  • Ensure data integrity and regulatory compliance through quality control reviews, monitoring limits/expirations, and adherence to reporting requirements (e.g., FR Y-14Q, 2052a).
Qualifications
  • Bachelor’s degree in business administration, finance, accounting, or economics preferred, or an equivalent combination of education and experience.
  • Experience with workflow via Clear Par / Markit.
  • 3-5 years of relevant Loan Agency experience supporting Syndicated Loans and interpreting complex Legal documentation.
  • Excellent organizational and time management skills.
  • Proficiency in Microsoft 365 applications, with a focus on Excel.
Benefits

BNY offers highly competitive compensation, benefits, and wellness programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. Employees enjoy flexible global resources and tools for life’s journey, focus on health, personal resilience, and financial goals, along with generous paid leaves—including paid volunteer time—that support you and your family through meaningful moments. Base salary is determined on market location, job‑related knowledge, skills, and experience, and may be accompanied by eligibility for an annual discretionary incentive award and participation in 401(k), medical, dental, vision, and basic life insurance plans.

Equal

Employment Opportunity

BNY is an Equal Employment Opportunity/Affirmative Action Employer—supporting underrepresented racial and ethnic groups, females, individuals with disabilities, and protected veterans.

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Position Requirements
10+ Years work experience
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