RippleMatch
Alter Domus - Loan Agency Services, Associate II, application via RippleMatch
RippleMatch, Chicago, Illinois, United States, 60290
Alter Domus – Loan Agency Services Associate II
Apply via RippleMatch.
Job Description
Act as liaison between borrowers and lenders, collaborating with 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, pre‑payments, assignments, amendments, etc.
Perform heavy data entry in agency systems and Microsoft Excel.
Qualifications
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.
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.
High proficiency in Microsoft Excel and experience with Bloomberg and other loan research tools a plus.
Salary range depending on experience: $42,500–75,000
What We Offer
Support for professional accreditations
Flexible arrangements, generous holidays, plus an additional day off for your birthday!
Continuous mentorship 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
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.
#J-18808-Ljbffr
Job Description
Act as liaison between borrowers and lenders, collaborating with 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, pre‑payments, assignments, amendments, etc.
Perform heavy data entry in agency systems and Microsoft Excel.
Qualifications
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.
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.
High proficiency in Microsoft Excel and experience with Bloomberg and other loan research tools a plus.
Salary range depending on experience: $42,500–75,000
What We Offer
Support for professional accreditations
Flexible arrangements, generous holidays, plus an additional day off for your birthday!
Continuous mentorship 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
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.
#J-18808-Ljbffr