Senior Loan Operations & Funding Specialist

Monroe-Capital-LLC; Chicago (IL); Hybrid; USD 85,000 - 110,000; Full time

Job summary

Monroe Capital LLC in Chicago is seeking a Senior Associate, Loan Operations, to oversee a portfolio of agented and non-agented loans from closing through repayment. You will partner with investment and portfolio teams to support closings, funding, servicing, cash management, and reconciliations in a fast-paced environment.

The ideal candidate has strong knowledge of syndicated lending, loan documentation, and servicing operations, with the ability to manage multiple priorities in a

Qualifications

• 3-7 years of loan operations, loan servicing, banking operations, treasury operations, or related experience.
• Experience closing and servicing syndicated credit facilities.
• Strong understanding of loan documentation, credit agreements, and operational servicing requirements.
• Advanced proficiency with Microsoft Excel and Microsoft Office Suite.
• Excellent analytical, organizational, problem-solving abilities and communication skills.
• Ability to manage multiple priorities with exceptional attention to detail.

Responsibilities

• Manage a portfolio of direct agented and non-agented loan transactions from closing through repayment.
• Monitor loan activity and ensure accurate processing of borrower advances, payments, fees, and contractual events.
• Maintain complete and accurate loan records within servicing systems.
• Respond to inquiries regarding loan balances, interest calculations, fees, and activity.
• Identify operational issues or portfolio concerns and escalate as needed.
• Coordinate operational execution of new transactions, amendments, restructurings, and other credit events.
• Review credit agreements and related documentation to ensure accurate deal setup and servicing requirements.
• Prepare closing documentation, funding notices, and workflows for transaction execution.
• Collaborate with underwriting, legal, treasury, and portfolio management to facilitate closings and fundings.
• Coordinate funding activities with lenders, participants, borrowers, and agent banks.
• Perform daily cash reconciliations and monitor multiple bank accounts.
• Investigate and resolve cash and position discrepancies; process wire transfers.
• Communicate loan activity and servicing updates to lending partners and participants.
• Coordinate settlements and reporting with participants and funding partners.

Skills

Analytical skills

Organizational skills

Attention to detail

Communication skills

Education

Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or related field

Tools

Wall Street Office (WSO)

Job description

Monroe Capital LLC in Chicago is seeking a Senior Associate, Loan Operations, to oversee a portfolio of agented and non-agented loans from closing through repayment. You will partner with investment and portfolio teams to support closings, funding, servicing, cash management, and reconciliations in a fast-paced environment.

The ideal candidate has strong knowledge of syndicated lending, loan documentation, and servicing operations, with the ability to manage multiple priorities in a