About this role
Bank Loan Analyst I
Location: Downers Grove, IL
Contract length: 12 months
Schedule: Fulltime, onsite 4 days/week
Pay: $40/hr to $45/hr, DOE
Job Overview:
As a premier global investment organization, the Bank Loan Team offers a full product line of investment options to both institutional and retail investors. This opportunity with the Bank Loan Oversight and Administration Team will provide support to the portfolio management and investment team covering various reporting areas, trade support, and settlement efforts.
Job Responsibilities:
- Responsible for the production of various scheduled reporting deliverables for internal clients, including, but not limited to the investment team, reporting team members, legal & compliance
- Ability to work as part of a team to ensure the group provides top-tier service to both internal and external clients and service providers
- Work in support of the trader to ensure that all trading activity is being efficiently and accurately entered in a timely manner in support of ISSMs products
- Collectively work with the trade closing team to assist in the coordination and facilitation of settlement efforts. Liaison with traders, trade counterparties, and agent banks
- Support the team to ensure and maintain the data quality and integrity of the critical information that supports the business. Complete data mining, from a variety of internal & external sources, and analysis for Bank Loan clients
Job Qualifications:
- Bachelor's Degree required, business (Finance/Accounting) degree preferred
- 2+ years work experience preferred
- Familiarity and experience with bonds and bond settlements is desired
- A solid understanding of the security/loan market (LMA) and fund operations is desired
- Experience in a reporting / product oversight role is plus
- Experience in the investment management space is a plus
Skills Required
- Aptitude for detail and a strong commitment to accuracy
- Excellent quantitative and qualitative analysis skills
- Ability to conduct analysis and present data in a meaningful way
- Proficient user of Microsoft Office, Excel, Access and Word
- Working knowledge of S&P Wall Street Office and/or Allvue-Everest is a plus
- Team-oriented team player
- Ability to work independently and follow through on projects
- Self-motivated, ability to multitask and complete tasks upon assignment
- Open-minded, flexible, and willing to listen for other people's opinions
- Excellent verbal and written communication skills and effective interpersonal skills
Working Conditions:
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Normal office environment with little exposure to noise, dust and temperatures
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Normally a regular schedule of hours; however, hours may vary depending upon the project or assignment
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Hours may include evenings and/or weekends if necessary
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The Planet Group and our companies are equal opportunity employers. It is our practice not to discriminate against any employee or applicant based on any criteria, condition or basis protected by laws or regulations in the locations where we do business. All qualified applicants are encouraged to apply. We celebrate diversity and are committed to providing an environment of mutual respect. If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter, or contact us, so that we can discuss the appropriate alternatives available.
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Do you now or will you in the future require sponsorship to work in the United States?
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Do you have a valid Driver's License?
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Are you available to work on site or do you require a fully remote position?
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Are you comfortable completing a background check investigation and drug test?
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Where are you currently located?
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Are you comfortable working onsite? If so, how many days a week?
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Are you open to relocate?
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Are you willing to travel?
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About The Planet Group
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The Planet Group is a global professional services firm delivering strategic staffing and advisory solutions. We operate at the intersection of talent and transformation – connecting the right people with the right opportunities in the areas of technology, engineering, accounting & finance, digital marketing, and manufacturing.
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As one of the largest staffing companies in the US, we operate with a global reach and a performance-first mindset. We partner with clients to move fast, stay agile, and drive measurable results – building high-impact teams that fuel transformation and growth.