Alter Domus - Loan Agency Services, Sr. Associate (Private Credit), applica at RippleMatch Opportunities

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

01 Feb, 26

Salary

105000.0

Posted On

03 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Investment Management Operations, Bank Loan Agency, Syndication Experience, Verbal Communication, Written Communication, Organizational Skills, Attention To Detail, Analytic Skills, Financial Concepts, Microsoft Excel, Bloomberg, Loan Research, Problem-Solving Skills, Client Workflow Deliverables, Team Collaboration, Professional Communication

Industry

technology;Information and Internet

Description

This role is with Alter Domus. Alter Domus uses RippleMatch to find top talent. Loan Agency Services, Sr. Associate (Private Credit) ABOUT US: As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions. With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take. Find out more about life at Alter Domus at careers.alterdomus.com JOB DESCRIPTION: Act as a primary owner of assigned deals. Work with Loan Agency support staff to manage and communicate deal information to the borrower and lending group. Review and negotiate administrative issues within credit agreements. Oversee the maintenance of the agency system to reflect attributes of each credit agreement and related governing documents. Oversee the calculation, invoicing, and disbursement of all deal-related fees; Assume responsibility for the coordination of funds movement related to initial funding and closing, managing closings for lenders, transferring positions by assignment, and working closely with the borrower and lending group. Oversee ongoing maintenance of facility commitments and processing of loan/facility-related activity, including rollovers, rate settings, conversions, prepayments, assignments, amendments, waivers, et cetera0 Oversee accurate and timely collection and disbursement of interest/principal/fee payments to lenders. Ensure collection of new borrowings from lenders and disbursement to borrower. Act as senior liaison between borrowers and lenders, ensuring compliance with the terms of the credit agreement and other governing documents. Maintain expert knowledge of all relevant portfolios and deal-related documentation. Train and coach support staff on the life cycle of a loan, deal documentation, industry standards, and professional communication and execution of client workflow deliverables. Exhibit an elevated level of professionalism and a client-focused approach that is responsive, proactive, accountable, and reliable, adjusting communication appropriately for various levels and parties. Work in a dynamic team environment and participate in strategic initiatives, identifying and implementing best practices and operational efficiencies. Use judgment, interpretation, and problem-solving skills to understand loan information to successfully resolve exceptions. QUALIFICATIONS: Bachelor’s degree in finance, accounting, business, or economics (or commensurate work experience). 3+ years of investment management operations experience or bank loan agency/syndication experience. Ability to quickly learn new concepts and independently research and resolve issues. Ability to collaborate with internal groups and external clients. Strong verbal/written communication skills. Ability to excel in a deadline-driven environment. Excellent organizational skills with exceptional attention to detail and follow-through. Demonstrated analytic skills, strong working knowledge of fundamental financial/accounting/business concepts, and a proactive interest in learning and mastering new concepts. Strong Microsoft Excel skills and experience. Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools. Salary range depending on experience: $60,000-105,000#LI-HYBRID #LI-JR1 WHAT WE OFFER: We are committed to supporting your development, advancing your career, and providing benefits that matter to you. Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning. Our global benefits also include: Support for professional accreditations Flexible arrangements, generous holidays, plus an additional day off for your birthday! Continuous mentoring along your career progression Active sports, events and social committees across our offices 24/7 support available from our Employee Assistance Program The opportunity to invest in our growth and success through our Employee Share Plan Plus additional local benefits depending on your location Equity in every sense of the word: We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong. We celebrate our differences, and recognise that our success relies on diverse perspectives and experiences, as we work towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work. We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. (Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/) #LI-HYBRID

Responsibilities

Act as the primary owner of assigned deals and manage communication between borrowers and lenders. Oversee deal-related activities including fee calculations, fund movements, and compliance with credit agreements.