Associate, Asset Management

Calvert Impact OTOF•Bethesda, MD

About The Position

Calvert Impact is seeking to fill an Associate, Asset Management to perform day-to-day loan administration activities related to the loan and equity portfolios. The individual is responsible for all aspects of loan administration, including supporting the development and implementation of new products. The role requires someone with strong operational, problem-solving and project management skills, a high level of understanding of legal documentation associated with loan and equity products, the ability to be nimble and thrive in a fast-paced environment. This individual must be able to support the Senior Officer, Asset Management in all areas. This individual must also be able to provide a high level of service to internal and external customers, as well as share the commitment to the mission of the organization.

Requirements

1-3 years loan administration or asset management experience in the financial services industry
Strong operational and project management skills, with excellent attention to detail.
Comfortable with working with technology
Strong Microsoft Office experience
Strong commitment to quality and superior customer service.
Exceptional interpersonal skills, with the ability to interact with people internally and externally.
Solid team player, with the ability to manage through influence.
Undergraduate degree in business administration or equivalent work experience.

Nice To Haves

Familiarity with Carta or similar loan servicing system, desired.

Responsibilities

Contribute to the success of the strategic goals and objectives of the organization by applying technical skills in the area of Loan Administration.
Attend Investment Committee meetings
Review and provide feedback as it relates to Asset Management on proposed credit transactions
Review closing documents for alignment with approved teams and conditions.
Coordinate with Borrowers and Internal Teams (Investments Team, Legal Counsel, and Risk Management) to ensure all documents necessary for closing have been received, reviewed, and approved as required.
Review and prepare loan disbursements
Review and monitor construction loans, if applicable
Review loan requests and supporting documentation
Coordinate disbursements with internal teams
Coordinate disbursements with external lenders.
Set-up loans in the loan servicing system, in conformance with closing documentation and approved terms and conditions.
Prepare and ensure payments are made timely to participating lenders
Prepare and send monthly invoices to Borrowers
Prepare pay-off statements, as requested
Ensure that payments are properly applied.
Track and manage loan maturities.
Perform monthly audit of new loan closings to ensure set up accuracy
Monitor hedges for foreign currency denominated loans.
Monitor Borrower request and follow up with Borrowers for problem resolution.
Work cross-functionally with other departments to identify requirements and manage implementation of new products.
Assist is revising and maintaining current procedures for Asset Management
Provide recommendations for process improvements
Provide support as the organization implements new core systems (loan servicing, accounting, portfolio management, etc)