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Now viewing: Bank Loan Analyst I
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ICON Consultants
Bank Loan Analyst I
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Job Description
Bank Loan Analyst I#26-04407
$40
•45 per hour
Downers Grove, IL
Hybrid
Contract
•W2
Starts 4/13/2026
Ends 12/31/2026
Job Description
Bank Loan Operations Analyst
Syndicated Loans | CLO Administration | Investment Operations
Location:
Downers Grove, IL 60515 (4 Days Onsite)
Pay Rate:
$40.00
•$44.00/hour
Duration:
8-Month Contract
Overview
We are seeking a Bank Loan Operations Analyst to support the operational management of syndicated loan and structured credit portfolios within a fast-paced investment environment.
This position is focused on the Bank Loan Asset Class and requires experience supporting leveraged loans, syndicated loan settlements, CLO administration, structured credit operations, or related investment operations functions.
This is NOT a traditional commercial banking, mortgage lending, SBA lending, or loan processing role.
The ideal candidate will have experience working for an asset manager, fund administrator, corporate trust organization, institutional bank, or structured credit platform supporting the administration, settlement, reporting, and operational oversight of bank loan portfolios.
Key Responsibilities
Support operational activities related to syndicated loan and leveraged loan portfolios
Coordinate trade settlements with agent banks, counterparties, custodians, and internal investment teams
Process loan trade activity, assignments, amendments, restructurings, and cash movements
Monitor and resolve settlement breaks, trade exceptions, and data discrepancies
Maintain portfolio data integrity across loan accounting and portfolio management systems
Perform cash and position reconciliations for loan portfolios
Generate recurring and ad hoc reporting for portfolio managers, clients, compliance teams, and senior leadership
Assist with operational onboarding of new funds, portfolios, and transactions
Support business integration initiatives, system conversions, operational migrations, and process improvements
Work closely with portfolio management, legal, compliance, accounting, trustees, custodians, and external service providers
Ensure accurate documentation and compliance with internal controls and operational procedures
Preferred Experience
Strong Candidates Will Have Experience In One Or More Of The Following:
Syndicated Loan Operations
Leveraged Loan Administration
CLO Administration
Structured Credit Operations
Corporate Trust Operations
Loan Trade Settlement
Fund Administration
Investment Operations
Credit Operations
Loan Agency Services
Trustee Services
Preferred Systems Experience
Experience with one or more of the following platforms is highly preferred:
Loan IQ
ClearPar
Wall Street Office (WSO)
Allvue / Everest
Solvas
Geneva
eFront
Investran
Bloomberg
Ideal Backgrounds
Candidates with experience at organizations such as:
BNY Mellon Corporate Trust
Alter Domus
State Street
Northern Trust Investor Services
U.S. Bank Corporate Trust
JPMorgan Syndicated Finance / Agency Services
BMO Syndicated Loans
Antares Capital
Monroe Capital
Barclays Loan Agency
S&P Global (WSO Operations)
FIS Structured Finance Reporting
Asset Managers
CLO Managers
Fund Administrators
Institutional Banks
Qualifications
Bachelor's Degree required
Finance, Accounting, Economics, or related discipline preferred
2+ years of experience supporting bank loan, syndicated loan, CLO, structured credit, or investment operations functions
Strong attention to detail and ability to manage multiple deadlines
Advanced Excel skills preferred
Excellent analytical, organizational, and communication skills