Account Manager

Alter Domus; Carmel-by-the-Sea (CA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Support for professional accreditions

Flexible arrangements

Holiday entitlement + birthday day off

Mentoring and career progression

Employee assistance program

Employee share plan

Job summary

Alter Domus is seeking a senior professional to act as escalation point for deal owners and to oversee multiple facets of loan agency operations in a global alternative investments environment.

You will review credit agreements, maintain deal data, coordinate funding, and ensure timely collection and disbursement of fees and payments, while mentoring others and driving process improvements across teams.

Qualifications

• BA/BS in Business, Finance, Accounting or equivalent.
• Bachelor’s degree in finance, accounting, business or economics or commensurate work experience.
• 5+ years of investment management operations experience or bank loan agency/syndication experience.

Responsibilities

• Act as escalation point for primary deal owners; coordinate with Loan Agency support staff to manage deal information and workflows.
• Review and negotiate administrative provisions within Credit Agreements.
• Oversee updating of the Agency system to reflect attributes of each credit agreement and related governing documents.
• Oversee calculation, invoicing and disbursement of all deal-related fees; maintain a master list per client.
• Coordinate funds movement related to initial funding and closing; manage lender assignments and interactions with borrowers and lending group.

Skills

Strong verbal/written communication

Analytical skills

Independent problem solving

Education

BA/BS in Business, Finance, Accounting or equivalent

Bachelor’s degree in finance, accounting, business or economics or commensurate work experience

5+ years of investment management operations experience or bank loan agency/syndication experience

Tools

Microsoft Excel

Bloomberg

Loan research tools

Job description

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 in manager capacity as an escalation point for primary deal owners; and work with Loan Agency support staff to manage and communicate deal information and ensure that all teams adhere to appropriate workflows.
• Review and negotiate administrative provisions within Credit Agreements.
• Oversee the updating 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 by maintaining a cumulative master list or report per client.
• Responsible for oversight of coordination of funds movement related to initial funding and closing, managing closings for lenders transferring positions by assignment, and working with the borrower and lending group as needed.
• Oversee ongoing maintenance of facility commitments and the processing of loan/facility-related activity; including rollovers, rate settings, conversions, prepayments, assignments, amendments, waivers, etc., by utilizing KPI reports and other tools available within the loan system.
• Oversee accurate and timely collection and disbursement of interest/principal/fee payments to lenders by utilizing KPI reports and other tools available within the loan system.
• Ensure collection of new borrowings from lenders and disbursement to borrower is completed timely by the team.
• Act as an escalation point for borrowers and lenders; ensure compliance with the terms of the Credit Agreement and other governing documents.
• Maintain expert knowledge of all relevant portfolios and deal related documentation.
• Identify and develop key leaders in the group, build upon individual strengths and mentor to facilitate success at the next level.
• Build effective partnerships with internal teams and external partners.
• Train and coach support staff on the life cycle of a loan, deal documentation, industry standards, professional communication and client workflow deliverables and execution.
• Recruit, train and develop knowledgeable teams of professionals.
• Work in a dynamic team environment and participate in strategic initiatives identifying and implementing best practices and operational efficiencies.

QUALIFICATIONS:

• BA/BS in Business, Finance, Accounting or equivalent.
• 5+ years of investment management operations experience or bank loan agency/syndication experience.
• Bachelor’s degree in finance, accounting, business or economics or commensurate work experience.
• Ability to independently research and resolve complex problems.
• Ability to collaborate with internal groups and external clients; strong verbal/written communication skills.
• Demonstrated analytical skills, strong working knowledge of fundamental financial/accounting/business concepts and a strong, 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.

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

Alter Domus is an Equal Opportunity Employer: Equity Statement
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/)