Syndicated Loan Analyst
BCforward, Newark, DE, United States
Title
Syndicated Loan Analyst/Recent Graduates
Location Newark, DE 19713
Job Type Contract
Duration 6 months, possible extension or conversion to full‑time based on performance
Pay Rate $25 - $32/hr on W2
Timings 9 AM to 5 PM
Start Date ASAP
Responsibilities
Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
Reconcile daily funding and payment activity to account for all daily cash transactions
Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable
Initiate and reconcile automated funds movement in accordance with client/lender instructions
Monitor and escalation of past‑due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients with timely and accurate invoices
Maintain margin changes and proper communication to bank group
Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
Monitor control reports and update applicable comments
Assist with any administrative tasks associated with the terms of a Credit Agreement
Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement and verifying system set‑up accuracy
Back up co‑workers, work on various special projects or other tasks as assigned
Qualifications
Undergraduate degree in Finance or Accounting (recent graduate 2023‑2025) strongly preferred; related job and industry experience can be accepted as a substitute (3+ years)
Solid working knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
Must have experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans, and using LoanIQ
Ability to manage concurrent assignments in an effective, efficient, and organized manner
Ability to work independently within a team environment
Excellent oral and written communications skills and strong interpersonal/client servicing skills
Strong analytical, problem‑solving and judgment skills
Flexible working schedule; some overtime required
Benefits
BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer‑provided group life, voluntary life insurance, short‑term disability, long‑term disability, and 401(k).
EEO Statement BCforward is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.
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Location Newark, DE 19713
Job Type Contract
Duration 6 months, possible extension or conversion to full‑time based on performance
Pay Rate $25 - $32/hr on W2
Timings 9 AM to 5 PM
Start Date ASAP
Responsibilities
Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
Reconcile daily funding and payment activity to account for all daily cash transactions
Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable
Initiate and reconcile automated funds movement in accordance with client/lender instructions
Monitor and escalation of past‑due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients with timely and accurate invoices
Maintain margin changes and proper communication to bank group
Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
Monitor control reports and update applicable comments
Assist with any administrative tasks associated with the terms of a Credit Agreement
Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement and verifying system set‑up accuracy
Back up co‑workers, work on various special projects or other tasks as assigned
Qualifications
Undergraduate degree in Finance or Accounting (recent graduate 2023‑2025) strongly preferred; related job and industry experience can be accepted as a substitute (3+ years)
Solid working knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
Must have experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans, and using LoanIQ
Ability to manage concurrent assignments in an effective, efficient, and organized manner
Ability to work independently within a team environment
Excellent oral and written communications skills and strong interpersonal/client servicing skills
Strong analytical, problem‑solving and judgment skills
Flexible working schedule; some overtime required
Benefits
BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer‑provided group life, voluntary life insurance, short‑term disability, long‑term disability, and 401(k).
EEO Statement BCforward is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.
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