Private Credit Collateral Administration, Senior Associate

Alter Domus; Chicago (IL); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work arrangement

Professional accreditations support

Birthday day off

Mentoring programs

Employee Share Plan

Job summary

Alter Domus, a leading provider in the alternative investment space, seeks a Senior Associate for Private Credit Collateral Administration in the Chicago area. You will ensure cash reconciliations are delivered to clients, review daily reporting, and timely trade input while supporting client onboarding.

With 4+ years in finance and strong Excel skills, you’ll also help train staff, improve processes, and manage invoice delivery and client deadlines in a hybrid work environment.

Qualifications

• Bachelor’s degree in finance, accounting, business, or economics preferred.
• 4+ years of professional experience in a business or finance-related capacity.
• Solid Excel skills and ability to work in a high-volume data-entry environment.
• Familiarity with Bloomberg and loan research tools is a plus.
• Experience in CLO compliance and Waterfall modeling is advantageous.

Responsibilities

• Ensure cash reconciliation is sent to the client.
• Review and approve daily reporting.
• Ensure input and review occur and trades are input in a timely fashion.
• Assist with new client onboarding.
• Coordinate with client on daily deliverables and expectations.
• Oversee training and development of staff.
• Own the invoice process from request to client delivery.
• Meet timeframes and deliverables with clients and trustees.
• Prioritize and delegate tasks with high attention to detail.

Skills

Excel proficiency

Attention to detail

Communication

Problem solving

Team collaboration

Education

Bachelor's degree in finance / accounting / business / economics

Tools

Bloomberg terminal

Loan research tools

Job description

Select how often (in days) to receive an alert: Create Alert

Private Credit Collateral Administration, Senior Associate

Location: Carmel, US US Chicago, US US Boston, US US

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:

• Ensure cash reconciliation is sent to the client.
• Review and approve daily reporting.
• Ensure input and review occur and trades are input in a timely fashion.
• Assist with new client onboardings.
• Coordinate with client on daily deliverables and ensure team is fully aware of all client daily deliverables and expectations.
• Assume responsibility for training and development of all C&SP staff.
• Ownership of process improvement and final delivery of solutions.
• Take on full invoice process from request to client delivery.
• Ensure timeframes and deliverables agreed with Client and Trustee are met. and
• Demonstrate ability to prioritize, complete, and delegate tasks while providing high attention to detail and excellence customer service.
• Apply experience and understanding of market and best practices when managing transactions and communicating with other parties involved.
• Oversee procedures and review process of Analyst/Associate staff.

YOUR PROFILE:

• Bachelor’s degree in finance, accounting, business, or economics preferred.
• 4+ years of professional experience within a business or finance-related capacity.
• Basic knowledge of loan operations, commercial mortgage lending, or loan securitization with product knowledge and/or customer service experience.
• Previous experience with CLO compliance and Waterfall modeling.
• Experience in direct management and training of team members preferred.
• Ability to independently research and resolve problems.
• Responsive, friendly, professional, highly organized, and superb communication.
• Solid Microsoft Excel experience.
• Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools a plus.
• Exceptional attention to detail and able to thrive within a high-volume data-entry environment with both proficiency and accuracy. and
• Demonstrated willingness to work within a deadline-driven environment.

#LI-HYBRID #LI-JR1

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

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

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.