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Position: Operations Associate - Loan Closer
Job Number: MS04100
Location: NY - New York City
Date Posted: 2017-12-30
Salary Range: $81-100k $101-125k
Job Summary:

Top Credit Fund seeking a Loan Closer to join the Operations team!

Company Information:

Name: Premier Hedge Fund

Job Description:

The firm invests in a wide range of assets across the credit spectrum including performing corporate bank loans and bonds, credit derivatives, defaulted debt and restructured equity.

This individual will:

-Work with vendors on debt settlement

- Work with Counsel to structure arrange settlement and negotiation of distressed debt transactions

-Draft legal memos

-Work with multiple fund structures

-Perform day to day operations; settle listed security trades

-Create pricing/funding memos

-Understand debt types from term loans to revolvers, bilateral agreements

-Experience with global ordinary unsecured trade claim settlement

-Prepare proof of debt filings as well as secondary diligence

-Prepare and review general bespoke documentation

-Work closely with sell-side institutions

-Utilize Black Mountain and Front Arena

Requirements / Qualifications:


· Motivated Self Starter with 3-5 years of Distressed Loan Closings / Special Situations Settlement experience

·  Ability to work in a challenging fast paced / improvisational environment

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