Loan associate

Alter Domus
Chicago, IL Full Time
POSTED ON 2/26/2024 CLOSED ON 4/10/2024

What are the responsibilities and job description for the Loan associate position at Alter Domus?

ABOUT US :

We are Alter Domus. Meaning The Other House in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different. 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 :

  • Manage middle-market and broadly syndicated commercial bank loans where Alter Domus has been engaged as the administrative agent
  • Maintain the loan register, record, and execute all loan activities
  • Ensure integrity of assigned portfolio of loans
  • Review and extract data from loan agreements, amendments, and other governing loan documents, ensuring accurate application on the loan agency system
  • Performs settlement with borrowers and syndicate members
  • Manage deal party requests for information within the terms of the loan documentation, policy, and procedures
  • Prepare and process invoices, disbursing all deal-related fees
  • Accurately prepare loan notices
  • Collect and disburse loan interest, principal, fee payments and new borrower funding
  • Develop and maintain a solid working relationship with all deal parties, providing exceptional customer service
  • Assist with new deal onboarding including borrower and lender setup
  • Ensure operational excellence by maintaining accuracy and following internal control procedures and teamwork.

YOUR PROFILE :

  • Bachelor’s degree in accounting, finance, business, economics or related field
  • Exceptional verbal and written communication skills
  • Demonstrated analytical capabilities and strong attention to detail
  • Ability to prioritize tasks, work on multiple assignments, and manage ambiguity
  • Dynamic and flexible workstyle (i.e. successful candidates can work both independently and as a part of a team with professionals from all levels)
  • Proficiency in Microsoft Excel.

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 understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose.

Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.

We are committed to ensuring an inclusive recruiting and onboarding process. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you.

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 such as ACCA and study leave
  • Flexible arrangements, generous holidays, birthday leave and graduation leave
  • Continuous mentoring along your career progression
  • Active sports, events and social committees across our offices
  • Support with mental, physical, emotional and financial support 24 / 7 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.

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Last updated : 2024-02-26

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