Location: New York, NY or Jersey City, NJ (your choice)
Hybrid: 2 days in the office, 3 remote
Salary: $90,000 – $130,000 + bonus + excellent benefits
This is an exciting opportunity to join a well-established, high-performing team focused on closing and settling secondary Par and Distressed
trades. You’ll gain exposure to a wide range of loan products and work closely with trading desks, counterparties, and internal stakeholders across the business.
As a Secondary Loan Closer, you’ll be responsible for managing all phases of trade settlement – from document review through to coordination with internal and external parties – ensuring trades are booked and closed accurately and efficiently.
What you’ll be doing:
- Prepare, review, and process LSTA/LMA documentation, assignment agreements, and funding memos
- Coordinate settlements with traders, agents, counterparties, internal counsel, and operations
- Analyze and interpret credit agreements and assignability provisions
- Track, reconcile, and report on open trades and settlement status
- Liaise with ClearPar and WSO teams to manage deal flow
- Support KYC processes and tax documentation requests
- Assist in audit preparation and internal control reviews
What you’ll bring:
- 2+ years’ experience in secondary loan closing
- Familiarity with LSTA/LMA documentation standards
- Experience with ClearPar
- Strong attention to detail, analytical thinking, and excellent communication skills
- Ability to manage multiple priorities in a fast-paced, deadline-driven environment
Why apply?
- Hybrid schedule – enjoy flexibility with just two days in the office
- Competitive salary plus bonus potential
- Collaborative culture with access to experienced professionals in the industry
- A front-row seat to the full lifecycle of complex loan trades