Secondary Loan Closer

Post Date

May 09, 2025

Location

New York,
New York

ZIP/Postal Code

10036
US
Jul 28, 2025 Insight Global

Job Type

Contract

Category

Accounting / Finance

Req #

NYC-781656

Pay Rate

$41 - $51 (hourly estimate)

Job Description

A large financial client is looking for a Second Loan Closer to join their organization. This person will be joining the Global Market Loan Operations team within the Operations division. The main responsibility of this role will be to provide documentation and analytical support within global markets loan operations in a trade closing and settlement capacity.

Responsibilities will include:
- They will be responsible for the coordination of all documentation related to the settlement of bank loan trades within the primary and secondary markets.
- This person will go into Clearpar, where all the required documents will be generated, and they will ensure the transfer certificate, funding memo and additional documentation are accurate. They will coordinate the execution of these documents.
- They will work with the other settlement and servicing teams for funding of the positions.
- They will work internally with traders, salespeople, research analysts, trading counterparties, internal and external legal counsel, administrative agent banks and various internal operations groups.
- This candidate could get involved with process and technological enhancements that will serve to improve team efficiencies which will result in shortening settlement times and diminishing post trade risk associated with trading counterparties and credit borrowers.

We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to Human Resources Request Form. The EEOC "Know Your Rights" Poster is available here.

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Required Skills & Experience

- 3+ years of experience with banking
- 2+ years of experience within secondary lending (either settlement or closing)
- Experience with Clearpar
- Strong attention to detail and communication skills
- Previous client facing experience is required

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.