Loan Operations Associate I — Hybrid

Alter Domus; Chicago (IL); Hybrid; USD 43,000 - 65,000; Full time

Benefits offered by this job

Professional accreditations support

Flexible arrangements

Generous holidays + birthday day off

Mentoring

Employee Share Plan

Employee Assistance Program

Job summary

Alter Domus is seeking a Loan Administrator in Chicago to manage middle-market and syndicated loans, maintain the loan register, and ensure data accuracy across the loan agency system.

You will review loan documents, process settlements, invoice fees, and disburse funds while building strong relationships with borrowers and syndicate members. The role demands excellent communication, sharp analytical skills, and proficiency in Excel.

Qualifications

• Bachelor’s degree in accounting, finance, business, economics or related field.
• 0+ years of experience; new graduates encouraged to apply.
• 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; able to work independently and in teams.

Responsibilities

• Manage middle-market and broadly syndicated commercial bank loans where Alter Domus is 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.
• Perform settlements with borrowers and syndicate members.
• Handle deal party information requests within loan documentation terms.
• 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 solid working relationships with all deal parties and provide excellent customer service.
• Assist with new deal onboarding including borrower and lender setup.
• Maintain accuracy and follow internal controls and teamwork.

Skills

Exceptional verbal and written comms

Analytical capabilities

Attention to detail

Prioritize tasks / manage ambiguity

Dynamic and flexible workstyle

Education

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

Tools

Microsoft Excel

Job description

Alter Domus is seeking a Loan Administrator in Chicago to manage middle-market and syndicated loans, maintain the loan register, and ensure data accuracy across the loan agency system.

You will review loan documents, process settlements, invoice fees, and disburse funds while building strong relationships with borrowers and syndicate members. The role demands excellent communication, sharp analytical skills, and proficiency in Excel.