Warehouse Loan Operations Associate
@ 2422 Guggenheim Asset-Backed Finance Company, LLCWarehouse Loan Operations Associate
About the job
Guggenheim Asset-Backed Finance Company specializes in private investment grade asset-backed finance, offering structured solutions and managing secured transactions. The role focuses on operational support, transaction processing, and collaboration with multiple teams in fast-paced environments. Location: NY office 4+ days/week.
Requirements
- 3-5 years in loan closing
- Experience in structured finance
- Proficiency with loan management systems
- Understanding of finance mechanics
- Strong communication skills
Qualifications
- Bachelor's degree required
- Experience in asset-backed finance
- Excellent organizational skills
- Ability to multitask under pressure
- Detail-oriented and self-motivated
Full job description
Job Description:
Guggenheim Asset-Backed Finance Company
Position Summary
Guggenheim Asset-Backed Finance Company 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
Agent & Partner Management
- 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
Transaction & Documentation Support
- 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
Cross-Functional Collaboration
- Partner with Warehouse Origination, Portfolio Management, Ops/Treasury, Finance, Risk, Legal, Compliance, and Business Operational teams
- Reconcile and process third-party invoicing
Preferred Qualifications:
Education & Experience
- 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
Technical Skills
- Understanding of structured finance mechanics, borrowing base structures, and waterfall calculations
- Proficiency with ClearPar or comparable loan management systems
- Experience with virtual data room administration
- Expert-level Microsoft Excel and Access skills
- Basic familiarity with Bloomberg terminal (preferred)
Core Competencies
- 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
Work Location
- Currently, this role is expected to be in the New York office at least 4 days per week.
Salary
- Annual base salary between $120,000 - $130,000.
- The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us:
Guggenheim Asset‑Backed Finance Company ("GABFC") is a registered investment adviser affiliated with Guggenheim Securities, the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. GABFC specializes in private investment grade asset-backed finance, advising clients on the origination, evaluation, structuring, and ongoing management of secured financing transactions across lender finance and operating asset finance. GABFC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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