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Prytek

Loan Operations - Loan IQ Processor/Agency & Servicing

New York, New York, United StatesPosted 1 months ago
Full-timeonsite

Job Description

We are seeking an experienced Loan IQ Processor at the Associate to AVP level to support agency syndicated loan portfolios. This role requires hands-on expertise in agency deal setup, complex amendments, and end-to-end loan servicing for transactions where the firm acts as Administrative Agent. The position demands strong technical knowledge of Loan IQ, a solid understanding of credit agreements, and the ability to manage operational responsibilities with increasing independence and ownership.

 

Key Responsibilities

  • Independently set up and maintain agency deals in Loan IQ, including:

  1. Borrower and lender structures

  2. Tranche and pricing configuration

  3. Fees, schedules, and workflow events

  • Process and manage complex amendments, waivers, refinancings, and restructurings in accordance with credit agreements

  • Support all loan lifecycle servicing activities, including:

  1. Deal closings and post-close set-up validation

  2. Ongoing interest accruals, repricing, and benchmark changes

  3. Drawdowns, rollovers, paydowns, and payoffs

  4. Principal, interest, and fee processing

  • Perform Administrative Agent–specific duties, including:

  1. Coordinating lender funding and distributions

  2. Processing and reconciling agency and administrative fees

  3. Ensuring accurate lender allocations and notices

  • Review loan documentation and translate terms accurately into Loan IQ setup and servicing events

  • Investigate, escalate, and resolve operational breaks and discrepancies efficiently

  • Partner with front office, legal, accounting, risk, and technology teams to support smooth deal execution and ongoing servicing

  • Support audits, control reviews, and regulatory or compliance requests

Loan Operations - Loan IQ Processor/Agency & Servicing at Prytek | Renata