BNP Paribas RCC, Inc.
Job Title: Assistant Vice President, Loan Administrator
Location: 735 Chesterbrook Blvd., Chesterbrook, PA 19807
Duties: Administer Private Debt portfolios, including loan settlements, reporting, and maintenance of the book of records. Deal with all aspects of portfolio assets, including interest and principal payments and corporate actions. Broaden expertise across all elements of US product and operations relevant to CTO and undertake other roles and tasks as may be required in the context of a developing CTO location with small product/operations teams. Provide primary contribution to the production and maintenance of robust procedures and ensure adherence to all applicable US regulatory requirements as well as group policies. Assist management in reviewing process efficiencies, adapt to changing environment and offer ideas for improvements based on previous experience or understanding of market. Ensure compliance with company and regulatory standards relating to the mitigation of operational risk. Review and interpretation of legal documentation for deal onboarding process and in ongoing deals (loan trade settlement packs, loan/facility agreements). Develop and maintain effective working relationships with Administrative Agents and various counterparties. Perform and follow-up billing activity for clients according to signed Fee Schedule. Ensure delivery of consistently high quality of service to ever more demanding clients.
SALARY: $85,280.00 USD - $90,250.00 USD/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor's degree (U.S. or Foreign Equivalent) in Business Administration, Finance, or related field and three (3) years of experience in investment banking industry. Must have two (2) years of experience with the following: managing multiple financial instrument and asset class such as Equities, Bonds, Loans (Private capital), Derivatives, and Credit and Rate Swaps across global markets; experience with upstream and downstream applications such as Multifonds, Hiport, Sentry, Intellimatch, and FA Space used for NAV, Accounting, P&L processes; acting as liaison with Global Vendors such as Bloomberg, and IHS Markit (S&P) for any clarification on any static data, prices, corporate actions queries; implementing Hobart queries management tool for enhanced communication and Robotics tool to increase workflow optimization and improve process efficiency; and acting as a key stakeholder in new client onboarding process and service implementation.
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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