Hybrid Loan Agency Operations Associate II

Alter Domus; Chicago (IL); Hybrid; USD 43,000 - 75,000; Full time

Benefits offered by this job

Professional accreditations

Flexible arrangements

Birthday off

Mentoring

Sports & social committees

Employee Assistance Program

Employee Share Plan

Job summary

Alter Domus, a world-leading provider of integrated solutions for the alternative investment industry, is hiring for a loan operations role in Chicago. You will act as a liaison between borrowers and lenders, maintain portfolio knowledge, and ensure accurate documentation in the Agency system.

You will reference credit agreements, perform loan-related calculations and fund movements, and assist with training and process improvements.

Qualifications

• Bachelor’s degree or commensurate work experience.
• 2+ years experience in bank loan agency, syndication or investment management operations.
• Strong communication, deadline-driven, and detail-oriented.
• Ability to research and resolve complex problems; quick learner.
• Proficiency in finance concepts; Excel and Bloomberg helpful.

Responsibilities

• Act as liaison between borrowers and lenders and coordinate with legal counsel, trustees and other service providers.
• Maintain knowledge of portfolios and deal-related documentation.
• Reference and extract Credit Agreement information to keep Agency system updated.
• Apply judgment to interpret loan-related information and resolve issues.
• Calculate, invoice, disburse fees and manage payments including principal and interest.
• Coordinate funds movement for initial funding and closings.
• Provide training to Associate staff on policies and procedures.
• Ensure proper system setup and maintenance of deal attributes.
• Understand services offered and flag out-of-scope risks to the Manager.
• Process loan and facility-related activity including rollovers, rate settings, or amendments.
• Perform heavy data entry in agency systems and Excel.

Skills

Loan operations experience

Communication

Deadline-driven

Analytical thinking

Research skills

Education

Bachelor’s degree in accounting, finance, economics, or related field

Tools

Microsoft Excel

Bloomberg

Job description

Alter Domus, a world-leading provider of integrated solutions for the alternative investment industry, is hiring for a loan operations role in Chicago. You will act as a liaison between borrowers and lenders, maintain portfolio knowledge, and ensure accurate documentation in the Agency system.

You will reference credit agreements, perform loan-related calculations and fund movements, and assist with training and process improvements.