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Associate II (Credit & Structured Products)

Location: 

Chicago, US

Alter Domus is currently seeking a new Associate II to join our Loan Agency team at our Chicago, IL office.

JOB DESCRIPTION:

  • Act as liaison between borrowers and lenders and collaborate with other parties within the industry, including legal counsel, trustees and other third party service providers;
  • Maintain a working knowledge of all relevant portfolios and deal related documentation;
  • Reference, understand and extract Credit Agreement and governing document information to ensure compliance and update the Agency system accordingly;
  • Use judgment, interpretation and problem-solving to understand loan related information;
  • Calculate, invoice and disburse all deal related fees; collect and disburse interest, principal, fee payments and new borrowing funds;
  • Coordinate funds movement for initial funding and closing;
  • Provide training to Associate level staff on policies and procedures;
  • Ensure proper system set-up including maintenance of changing deal attributes;
  • Understand services offered and risks as it relates to Agency and alert Manager of out of scope requirements, risk issues, etc.;
  • Maintain facility commitments and process loan and facility-related activity including rollovers, rate settings, conversions, prepayments, assignments, amendments, etc.; and
  • Perform heavy data entry in agency systems and Microsoft Excel.

 

YOUR PROFILE:  

 

  • Bachelor’s degree in accounting, finance, economics, a related field, or commensurate work experience;
  • 2+ years of experience in bank loan agency, syndication or investment management operations experience;
  • Responsive, friendly, professional, and proactive communication approach;
  • Deadline-driven and highly organized with exceptional attention to detail;
  • Ability to independently research, analyze and resolve complex problems and quickly learn new concepts;
  • Working knowledge of fundamental financial, accounting and operations concepts; and
  • High proficiency in Microsoft Excel and experience with Bloomberg and other loan research tools a plus.

 

 

ABOUT US:

Now with more than $1 trillion in global assets under administration, Alter Domus is an undisputed leader in the alternative asset servicing space. Since 2003, we’ve been working hard to become the leading, high-quality, and tech-driven partner to investors in alternative assets globally. That’s why many of the world’s leading asset managers, lenders and asset owners are already Alter Domus clients. We’re large enough to be truly global, yet small and agile enough to work fast. Join our team of more than 3,000 fund administration, accounting, tax and legal experts in more than 35 cities and have pride in being alternative. We are Alter Domus.

 

WHAT WE OFFER:

Alter Domus offers a competitive, comprehensive benefits package including a generous vacation policy, a diverse work environment, and strong global connections. As you collaborate with colleagues in our fast-paced environment, you will gain exposure to demanding and stimulating experiences that you will take with you as your career progresses.

For more information, please visit: www.alterdomus.com.

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.