Entry Level Deal Set Up & Funding Analyst

ATR International; Newark (DE); On-site; USD 65,000 - 90,000; Full time

Job summary

ATR International is seeking an experienced professional to support loan accounting operations in Newark, DE. You will initiate funding activities, manage interest and fee accruals, and reconcile daily cash movements according to credit agreements.

You will read complex agreements, coordinate with attorneys, and ensure accurate invoicing for clients. A strong MS Office skillset and analytical mindset are essential, with overtime flexibility as needed.

Qualifications

• Undergraduate degree preferred; related experience accepted (3+ years).
• Strong MS Office proficiency (Excel, Word, PowerPoint).
• Ability to manage concurrent assignments in a structured way.
• Ability to work independently within a team environment.
• Excellent oral and written communication and client service skills.
• Strong analytical, problem-solving and judgment abilities.
• Flexible schedule with some overtime work.

Responsibilities

• Initiate loan activity per client instructions in line with credit agreements.
• Calculate and track complex interest and fee accruals across rate levels.
• Reconcile daily funding and payment activity for cash transactions.
• Read and interpret credit agreements; coordinate with attorneys as needed.
• Initiate and reconcile automated funds movements per instructions.
• Monitor past due principal, interest, and fees; issue timely invoices.
• Maintain margin changes and communicate with bank group.
• Provide information to Clients, Business Partners, Middle Office, Lenders.
• Monitor control reports and update applicable comments.
• Assist with administrative terms of a Credit Agreement.
• Perform quality control on new deals, restructures and amendments.
• Back up co-workers and participate in special projects.

Skills

Interpersonal / client servicing

Analytical thinking

Time management

Teamwork / independent work

Education

Bachelor's degree or equivalent

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

• Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
• Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
• Reconcile daily funding and payment activity to account for all daily cash transactions
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
• Initiate and reconcile automated funds movement in accordance with client/lender instructions
• Monitor and escape past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
• Maintenance of margin changes and proper communication to bank group
• Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
• Monitor control reports updating applicable comments
• Assist with any administrative tasks associated with the terms of a Credit Agreement
• Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
• Back up co-workers, work with various special projects or other tasks as assigned

Required Qualifications, Capabilities, and Skills:

• Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute (3+ years)
• Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
• Ability to manage concurrent assignments in an effective, efficient and organized manner
• Ability to work independently within a team environment
• Excellent oral and written communications skills and strong interpersonal/client servicing skills
• Strong interpersonal/client servicing skills
• Strong analytical, problem solving and judgment skills
• Flexible working schedule with some overtime required

Preferred Qualifications, Capabilities, and Skills:

• Experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ