Loan/Private Credit Operations Specialist on site NYC,
Job in
New York, New York County, New York, 10261, USA
Listed on 2026-01-12
Listing for:
Traxion Group, Inc.
Full Time
position Listed on 2026-01-12
Job specializations:
-
Finance & Banking
Risk Manager/Analyst, Banking & Finance, Loan Servicing, Banking Operations
Job Description & How to Apply Below
Location: New York
Loan/Private Credit Operations Specialist (On‑site NYC, 5 days a week – US Citizen/Green Card Only)
Traxion Group, Inc. is hiring a Loan/Private Credit Operations Specialist based in New York City. Role is on site, 5 days a week, and requires U.S. citizenship or a Green Card.
Base Pay Range$150,000–$175,000 per year
Principal Responsibilities- Ensure all aspects of bank debt/leveraged loan operations and finance are completed on time.
- Process transactions, resolve exceptions proactively, and perform end‑to‑end servicing of bank loan assets.
- Capture trade instructions, manage settlements and fail management, record cash instructions, reconcile and perform asset servicing, and manage lifecycle events of bank loans.
- Oversee bank loan life cycle events including Paydown/Drawdown, Interest rate resets, PIK interest calculations, delayed comp accruals, and trade settlements.
- Interpret credit agreements and related documentation.
- Work across teams to resolve queries and issues.
- Create new procedures, workflows, and build controls.
- Assist in testing and implementation of systems and system improvements.
- Bachelor’s degree required – preferred in Finance, Accounting, or Economics.
- 7+ years of direct experience in loan operations, including exposure to distressed loans; detailed knowledge of bank debt asset class, primary and secondary market trading.
- Exposure to loan closing preferred.
- Knowledge of LSTA/LMA standard documents and exposure to EUR loans.
- Experience with SS&C Geneva, Murex, Wall Street Office, and Clear Par preferred.
- Bloomberg proficiency required; knowledge of TRS products is a plus.
- Strong understanding of accounting principles related to bank debt transactions.
- Strong organizational skills with the ability to set priorities and manage multiple projects.
- Strong analytical and communication skills.
Compensation (Base + bonus): $180,000–$225,000 per year.
Senior Level- Mid‑Senior level
- Full‑time
- Other, Information Technology, and Management
- Business Consulting and Services
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