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Senior Associate - Loan Agency

Location: 

Chicago, US

Senior Associate - Loan Agency Special Situations

Alter Domus Group is currently seeking a new Senior Associate to join our Agency Services team in Chicago, IL, Carmel, IN or remotely.

 

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.

 

ABOUT US:

We are Alter Domus. Our name means “The Other House” and we’re a world leading provider of integrated solutions for the alternative investment industry. We believe in being different. Here, you progress on merit, not who you know. You speak openly, whoever you’re speaking to. And it’s your freedom to decide which cutting-edge kind of finance professional you want to be. Join more than 4,100 fund administration, accounting, tax, loan administration and legal experts worldwide and take pride in being alternative.

 

Alter Domus clients include the world’s leading asset managers, lenders and asset owners. We’re specialists who use the most innovative technologies to create unparalleled solutions for the private equity, real assets and debt capital markets sectors. This is where standout talent advances what’s possible in fund administration, corporate services, depositary services, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services.

 

WHAT WE OFFER:

Alter Domus provides a sophisticated, diverse, and global work environment with prominent clients. We will take your ambitions and talents to the next level while giving you the resources and support you need to succeed.

 

Here are some of the benefits we provide:

  • 401(k) savings plan with 100% employer match up to 6%
  • Flexible paid time off from 27-35 days paid off per year, depending on your level
  • 11 paid holidays
  • Paid birthday off
  • Generous parental leave for both parents
  • Health care coverage for as little as $25 per month
  • Flexible Hybrid working environment
  • Comprehensive training through our acADemy training program
  • Dedicated people manager and coach focused on your career
  • As well as many more…

 

For more information, please visit: careers.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.

 

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