Location: New York City- 4 days onsite
Type - Full Time
Salary : $130K- $150K base
Our client's Asset-Backed Finance division is seeking an experienced Warehouse Loan Operations Associate to support critical warehouse lending functions within Structured Products. This role focuses on operational execution and day-to-day transaction support, managing loan closing processes, agent relationships, and transaction workflows under the direction of senior team members. The ideal candidate will be a results-driven professional with strong technical skills and the ability to thrive in a fast-paced, collaborative environment.
Essential Job Functions
Loan Operations & Settlement
- Execute loan closing processes and settlement activities
- Process and validate draw requests, including borrowing base calculations and covenant compliance
- Coordinate with legal counsel on borrowing conditions precedent
- Support loan settlement funding and reconciliation
- Manage trade settlement flows, platform reconciliations, and remediation of breaks
- Coordinate with Administrative Agents on reporting requirements and portfolio performance data
- Work with Paying Agents to process waterfall distributions and ensure transaction document compliance
- Assist in resolving agent-related issues and discrepancies, escalating to senior team member as needed
- Collaborate with outsource services and customers
- Administer loan system data and maintain accurate records
- Execute complex wire instructions and payment waterfalls
- Prepare investor reporting and compliance documentation
- Help maintain and document operational procedures
- Draft confidentiality agreements as needed
- Partner with Warehouse Origination, Portfolio Management, Ops/Treasury, Finance, Risk, Legal, Compliance, and Business Operational teams
- Reconcile and process third-party invoicing
- Bachelor's degree required
- 3-5 years of hands-on experience in loan closing and structured finance operations
- Proven track record in warehouse lending or asset-backed finance
- Understanding of structured finance mechanics, borrowing base structures, and waterfall calculations
- Proficiency with ClearPar or comparable loan management system
- Experience with virtual data room administration
- Expert-level Microsoft Excel and Access skills
- Basic familiarity with Bloomberg terminal (preferred)
- Strong communication and interpersonal skills
- Team-oriented with ability to collaborate across functions
- Comfortable in high-pressure, fast-paced environments
- Excellent multi-tasking and organizational abilities
- Detail-oriented with strong problem-solving skills
- Self-starter who operates with accountability and ownership
Estimated Min Rate: $130000.00
Estimated Max Rate: $150000.00
What’s In It for You?
We welcome you to be a part of the largest and legendary global staffing companies to meet your career aspirations. Yoh’s network of client companies has been employing professionals like you for over 65 years in the U.S., UK and Canada. Join Yoh’s extensive talent community that will provide you with access to Yoh’s vast network of opportunities and gain access to this exclusive opportunity available to you. Benefit eligibility is in accordance with applicable laws and client requirements. Benefits include:
- Medical, Prescription, Dental & Vision Benefits (for employees working 20+ hours per week)
- Health Savings Account (HSA) (for employees working 20+ hours per week)
- Life & Disability Insurance (for employees working 20+ hours per week)
- MetLife Voluntary Benefits
- Employee Assistance Program (EAP)
- 401K Retirement Savings Plan
- Direct Deposit & weekly epayroll
- Referral Bonus Programs
- Certification and training opportunities
Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.
Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Visit https://www.yoh.com/applicants-with-disabilities to contact us if you are an individual with a disability and require accommodation in the application process.
For California applicants, qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. All of the material job duties described in this posting are job duties for which a criminal history may have a direct, adverse, and negative relationship potentially resulting in the withdrawal of a conditional offer of employment.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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