Credit Services and Cash Management, Senior Associate
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, statement spreading, and ratio and trend analysis; covenant and loan metric monitoring; special asset management; commercial construction draw management; cash management; and document custody services. The Senior Associate takes ownership of client deliverables and meets agreed timelines. The role handles distributions and account reconciliations, provides document custody services, processes loan release requests, and analyzes construction or capital expenditure draw requests. It monitors and communicates covenant and financial metric results, spreads and analyzes borrower, guarantor, and commercial property financial statements, and assists with written credit reviews and due diligence packages for commercial credits, including C&I, commercial real estate, and government-guaranteed loans. The role also supports special asset management, client onboarding, KYC collection, account opening, and communication with clients, internal teams, and external parties.
Requirements
- Bachelor’s degree in finance, accounting, or economics.
- At least 5 years of relevant work experience with banks, credit unions, non-traditional commercial lenders, or private equity funds.
- Highly proficient in Microsoft Excel and Word.
- Ability to learn new concepts quickly and independently while communicating effectively with team members and clients.
- Ability to multitask, balance evolving priorities, and meet deadlines with strong organization and attention to detail.
- Ability to research and resolve complex problems independently.
- Ability to work collaboratively with internal teams and external clients.
- Strong communication skills with internal teams and external parties.
- Demonstrated ability to prioritize and complete work while maintaining attention to detail and excellent client service.
- Responsive, friendly, and proactive approach.
Nice To Haves
- Completion of a formal credit training program.
- Background in SBA or USDA lending programs.
- Experience in special asset management.
Responsibilities
- Take ownership of client deliverables and ensure agreed client timeframes are met.
- Review and process distributions by wire, ACH, or check.
- Reconcile accounts daily, weekly, and monthly against bank records.
- Inventory and certify loan files, report exceptions, and process full or partial release requests as part of document custody services.
- 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 syndicated or other structured loan positions.
- Spread and analyze borrower and guarantor financial statements and commercial property-level operating statements.
- Assist in preparing written credit reviews and credit due diligence packages for commercial credits, including C&I, commercial real estate, SBA 7(a), SBA 504, and USDA loans.
- 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.
- Work collaboratively in a dynamic team environment, participate in strategic initiatives, and resolve exceptions and problems using critical thinking.
- Prioritize and organize multiple tasks to meet daily and monthly deadlines while providing accurate, detail-oriented client service.
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.
- Alter Domus Academy learning resources, including LinkedIn Learning.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
