Distressed Loans Closing Operations Specialist

Responsibilities

• Monitor trading systems for new trades and confirm transactions with external clients
• Draft, review, and negotiate transfer documentation, including trade confirms and transfer certificates
• Liaise with Legal, Compliance, Credit, Trading Desks, Agency, and Servicing teams to ensure necessary approvals are obtained
• Ensure pricing and cashflows are agreed, reconciled, and settled within the system
• Maintain the integrity and accuracy of risk positions and resolve trade settlement issues

Requirements

• 2+ years of experience working with distressed loans, distressed debt, NPLs, leveraged loans, or special situations
• Hands-on experience using ClearPar for loan trade settlement and workflow management
• Strong knowledge of Loan Market Association (LMA) and/or Loan Syndications and Trading Association (LSTA) standards
• Proven experience in Middle Office operations and the full loan lifecycle (trade capture, settlement, funding, and restructurings)
• Expertise in interpreting Loan Credit Agreements and navigating transfer documentation
• Ability to communicate professionally with external parties, including borrowers, lenders, and agents

About the Company

Deloitte provides industry-leading services to premiere Tier 1 Investment Banking clients. Our Credit Loans Middle Office team supports the origination, syndication, and secondary market trading of performing and non-performing loans, helping maintain market integrity and operational excellence.