Credit Services and Cash Management, Associate II
About The Position
The Credit Services and Cash Management team works with banks, credit unions, non-traditional commercial lenders, and private equity funds. Its services include commercial loan underwriting and annual credit reviews; financial analysis and statement spreading; ratio and trend analysis; covenant and loan-metric monitoring; special asset management; commercial construction draw management; cash management; and document custody services. The Associate II supports loan and cash-management operations, client onboarding, credit analysis, and special asset administration. The role involves processing distributions and reconciliations, maintaining and certifying loan files, analyzing draw requests and financial information, monitoring client-defined covenants, preparing credit reviews and due diligence packages, and communicating with clients and other parties to help ensure loan activity information is timely and accurate.
Requirements
- Bachelor’s degree in finance, accounting, or economics.
- At least 2 years of relevant experience as a commercial credit analyst or underwriter at a bank or other commercial lending institution.
- High proficiency in Microsoft Excel and Word.
- Ability to independently research and resolve complex problems.
- Ability to multitask, balance evolving priorities, and remain highly organized and detail-oriented.
- Ability to work collaboratively with internal teams and external clients.
- Strong communication skills with internal teams and external parties.
- Responsive, friendly, and proactive approach, with a commitment to excellent client service.
Nice To Haves
- Completion of a formal credit training program.
- Background in SBA or USDA lending programs.
- Experience in special asset management.
Responsibilities
- Review and process distributions by wire, ACH, or check.
- Reconcile accounts daily, weekly, and monthly against bank records.
- Provide document custodial services for commercial, residential, or other loan facilities; inventory and certify loan files, report exceptions, and process full or partial release requests.
- Analyze and process client construction or capital expenditure draw requests as needed.
- Monitor and communicate results for defined covenants and other financial metrics requested by clients, generally for positions held in syndicated or other structured loans.
- Spread and analyze borrower and guarantor financial statements and commercial property-level operating statements.
- Assist with written credit reviews and credit due diligence packages for commercial credits, including C&I, commercial real estate, and government-guaranteed loans (SBA 7(a), SBA 504, and USDA).
- Assist with special asset management, coordinating with lenders, borrowers, legal counsel, and other professionals involved in asset resolution.
- Assist with onboarding new clients, including collecting KYC documentation and opening accounts.
- Communicate with clients, internal Alter Domus teams, and external parties about the timeliness and accuracy of loan activity information.
- Resolve exceptions and problems using critical thinking, while managing multiple priorities and meeting daily and monthly deadlines.
- Work in a dynamic team environment and participate in strategic initiatives.
Benefits
- Support for professional accreditations.
- Flexible arrangements and generous holidays, plus an additional day off for your birthday.
- Continuous mentoring along your career progression.
- Active sports, events, and social committees across offices.
- 24/7 support through the Employee Assistance Program.
- Opportunity to invest in the company’s growth and success through the Employee Share Plan.
- Additional local benefits depending on location.
- Learning resources through Alter Domus Academy and LinkedIn Learning.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
