Asset Management Associate: Loan Ops & Support

Calvert Impact, Inc.; Bethesda, Northern (MD, KY); Hybrid; USD 75,000 - 80,000; Full time

Job summary

Calvert Impact is seeking an Associate, Asset Management in Bethesda, MD to perform day-to-day loan administration for loan and equity portfolios. The role supports the Senior Officer, Asset Management in all areas, delivering high quality service to internal and external customers.

Responsibilities include contributing to deal approvals, coordinating closings and disbursements, setting up loans, monitoring maturities, invoicing borrowers, and assisting in new product implementations while

Qualifications

• 1-3 years loan administration or asset management experience in the financial services industry.
• Strong operational and project management skills, with excellent attention to detail.
• Comfortable with working with technology
• Familiarity with Carta or similar loan servicing system, desired.
• Strong commitment to quality and superior customer service.
• Exceptional interpersonal skills, with the ability to interact with people internally and externally.
• Solid team player, with the ability to manage through influence.
• Undergraduate degree in business administration or equivalent work experience.

Responsibilities

• Attend Investment Committee meetings.
• Review and provide feedback as it relates to Asset Management on proposed credit transactions.
• Loan Closings.
• Review closing documents for alignment with approved teams and conditions.
• Coordinate with Borrowers and Internal Teams to ensure all documents necessary for closing have been received, reviewed, and approved as required.
• Review and prepare loan disbursements.
• Review and monitor construction loans, if applicable.
• Review loan requests and supporting documentation.
• Coordinate disbursements with internal teams.
• Coordinate disbursements with external lenders.
• Set-up loans in the loan servicing system, in conformance with closing documentation and approved terms and conditions.
• Prepare and ensure payments are made timely to participating lenders.
• Prepare and send monthly invoices to Borrowers.
• Prepare pay-off statements, as requested.
• Ensure that payments are properly applied.
• Track and manage loan maturities.
• Perform monthly audit of new loan closings to ensure set up accuracy.
• Monitor hedges for foreign currency denominated loans.
• Monitor Borrower request and follow up with Borrowers for problem resolution.
• Work cross-functionally with other departments to identify requirements and manage implementation of new products.
• Assist in revising and maintaining current procedures for Asset Management.
• Provide recommendations for process improvements.
• Provide support as the organization implements new core systems (loan servicing, accounting, portfolio management, etc)

Skills

Loan administration

Asset management

Operational skills

Project management

Attention to detail

Education

Bachelor's degree in Business Administration

Tools

Carta

Job description

Calvert Impact is seeking an Associate, Asset Management in Bethesda, MD to perform day-to-day loan administration for loan and equity portfolios. The role supports the Senior Officer, Asset Management in all areas, delivering high quality service to internal and external customers.

Responsibilities include contributing to deal approvals, coordinating closings and disbursements, setting up loans, monitoring maturities, invoicing borrowers, and assisting in new product implementations while