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Loan Operations Associate Jobs in New York (NOW HIRING)

Hebrew Public

Operations Associate

Brooklyn, NY · On-site

Perks for You: Student Loan counseling and discounts on wellness programs & gym memberships ... The Operations Associate ensures that essential systems run smoothly so teachers can teach and ...

Engineers Gate

Trading Operations Associate

New York, NY · On-site

$70K - $100K/yr

We are hiring a Trading Operations Associate to join our global team to sit at the intersection of ... Coordinate with portfolio finance and trading teams on hard-to-borrow names and stock loan recalls.

Engineers Gate

Trading Operations Associate

New York, NY · On-site

$70K - $100K/yr

We are hiring a Trading Operations Associate to join our global team to sit at the intersection of ... Coordinate with portfolio finance and trading teams on hard-to-borrow names and stock loan recalls.

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Loan Operations Associate information

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$58

How much do loan operations associate jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for loan operations associate in New York is $28.71, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $33.12 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loan operations associate?

To thrive as a Loan Operations Associate, you need strong attention to detail, familiarity with loan documentation, and a background in finance or banking, often supported by a relevant degree or experience. Proficiency with loan management software, document imaging systems, and Microsoft Office is typically required. Excellent organizational skills, communication, and the ability to manage multiple deadlines make someone stand out in this role. These skills are crucial to ensure accurate loan processing, regulatory compliance, and efficient support of lending operations.

What are some typical challenges a loan operations associate may encounter, and how are they addressed in the workplace?

Loan Operations Associates often encounter challenges such as managing a high volume of loan documentation, ensuring compliance with lending regulations, and coordinating effectively with multiple departments. To address these, organizations typically provide robust training on internal systems, encourage open communication between teams (like underwriting and servicing), and implement standardized checklists or software to streamline processes. Staying organized and detail-oriented is key, and most teams foster a collaborative environment where associates can seek guidance and share best practices for efficiency.

What is the difference between Loan Operations Associate vs Loan Processor?

AspectLoan Operations AssociateLoan Processor
Primary RoleSupports loan processing, manages documentation, and ensures complianceReviews and verifies loan applications, gathers borrower information
Required SkillsAttention to detail, knowledge of loan systems, communication skillsAnalytical skills, attention to detail, customer service
Work EnvironmentBank or financial institution, office settingBank or mortgage company, office setting
CertificationsOften no specific certification required, familiarity with loan softwareLikely to require mortgage licensing or certifications

While both roles support the loan process, Loan Operations Associates focus on supporting functions, compliance, and documentation management, whereas Loan Processors handle the review and verification of loan applications directly with borrowers. Understanding these differences can help job seekers identify the right position for their skills and career goals.

What does a loan operations associate do?

A loan operations associate manages the processing and administration of loan transactions, ensuring accuracy and compliance with policies. They handle tasks such as verifying documentation, updating loan systems, and coordinating with other departments to facilitate smooth loan servicing. Strong attention to detail and proficiency with loan management software are important for this role.

What are the most commonly searched types of Loan Operations jobs in New York?

The most popular types of Loan Operations jobs in New York are:

What are popular job titles related to Loan Operations Associate jobs in New York?

For Loan Operations Associate jobs in New York, the most frequently searched job titles are:

What job categories do people searching Loan Operations Associate jobs in New York look for?

The top searched job categories for Loan Operations Associate jobs in New York are:

What cities in New York are hiring for Loan Operations Associate jobs?

Cities in New York with the most Loan Operations Associate job openings:

Loan Operations Associate jobs near you
Infographic showing various Loan Operations Associate job openings in New York as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $59,722 per year, or $28.7 per hour.

Associate Vice President, Middle Office Operations - U.S Loan Settlements

Ares Operations LLC

New York, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired today. Applications are no longer accepted.

Job description

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Functional Job Title: Associate Vice President, U.S. Loan Settlements - Investment Operations (Middle Office)

Background Description: Ares is seeking an Associate Vice President to assist with all U.S. loan closing and settlement activities across the firm's global credit platform. This AVP will assist with the operating model, controls, and execution of syndicated loan settlements-including par, distressed, private credit, and structured products.

Operational Execution & Governance

  • Assist secondary loan closings (par and distressed) using ClearPar and internal systems.
  • Oversee booking, data integrity, and cash/position accuracy in WSO Admin and related platforms.
  • Define and maintain standard operating procedures, workflow governance, and internal control frameworks.
  • Monitor daily settlement pipelines, identify funding risks, and proactively mitigate operational and liquidity impacts.
  • Partner with Legal, Trading, Portfolio Management, Treasury, Accounting, and Compliance to ensure seamless trade lifecycle execution.
  • Serve as senior escalation point for complex settlement related breaks; personally manage high touch transactions through resolution.

Strategy, Process Improvement & Technology

  • Drive the operational strategy for loan settlements, including process redesign, KPI frameworks, and automation initiatives.
  • Collaborate with Technology and external vendors on system enhancements, integrations, and workflow optimization.
  • Lead crossfunctional initiatives to improve scalability as the firm grows its credit platform.
  • Develop and deliver executive-level reporting on settlement performance, aged items, and pipeline health.

Qualifications

Education:

  • Bachelor's degree in Finance, Accounting, Economics, or related field required.
  • MBA, CFA, CPA, or equivalent professional credential is a plus.

Experience Required:

  • 4-6+ years of investment operations experience at a buy-side investment manager or comparable environment.
  • Expert-level knowledge of syndicated loan closings and settlement practices, including ClearPar workflows.
  • Advanced proficiency with WSO Admin; familiarity with Allvue/Black Mountain, Everest, Geneva, and IVP preferred.
  • Strong understanding of loan documentation, trade mechanics, and funding processes across leveraged loans, private credit, and CLO structures.
  • Proven ability to manage high-volume pipelines, tight deadlines, and complex counterparties.
  • Experience leading teams, overseeing third-party providers, and interacting with senior stakeholders.

Core Competencies

  • Exceptional communication skills-able to coordinate effectively across front office, internal teams, counterparties, and custodians.
  • Strong leadership presence with the ability to influence, prioritize, and make decisions under pressure.
  • High attention to detail with a hands-on, execution-focused mindset.
  • Analytical and process-oriented, with a track record of driving operational improvements.
  • Strong judgment regarding issue escalation vs. independent problem solving.
  • Ability to thrive in a fastpaced environment with evolving priorities and deal flow.
  • Comfortable working in the details while maintaining a firmwide strategic perspective.

Reporting Relationships

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$140,000 - $160,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

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