Loan Agency Services, Associate I

Alter Domus•Chicago, ND
•$42,400 - $75,000•Hybrid

About The Position

Alter Domus is hiring a Loan Agency Services, Associate I to manage middle-market and broadly syndicated commercial bank loans for which the company serves as administrative agent. The role supports the accurate administration of assigned loan portfolios, from maintaining loan records and applying governing-document terms to processing settlements, payments, invoices, and notices. The Associate works with borrowers, syndicate members, and other deal parties, handles information requests, supports onboarding of new deals, and helps maintain strong client relationships. The position also contributes to operational excellence by following internal controls, maintaining accuracy, and working collaboratively.

Requirements

  • Bachelor’s degree in accounting, finance, business, economics, or a related field.
  • 0+ years of experience; new graduates are encouraged to apply.
  • Exceptional verbal and written communication skills.
  • Demonstrated analytical capabilities and strong attention to detail.
  • Ability to prioritize tasks, work on multiple assignments, and manage ambiguity.
  • Ability to work independently and as part of a team with professionals at all levels.
  • Proficiency in Microsoft Excel.

Responsibilities

  • Manage middle-market and broadly syndicated commercial bank loans where Alter Domus has been engaged as administrative agent.
  • Maintain the loan register, record loan activities, and execute those activities.
  • Ensure the integrity of the assigned loan portfolio.
  • Review and extract data from loan agreements, amendments, and other governing loan documents, and apply it accurately in the loan agency system.
  • Perform settlements with borrowers and syndicate members.
  • Manage deal-party information requests in accordance with loan documentation, policies, and procedures.
  • Prepare and process invoices and disburse deal-related fees.
  • Prepare loan notices accurately.
  • Collect and disburse loan interest, principal, fee payments, and new borrower funding.
  • Develop and maintain strong working relationships with deal parties and provide exceptional customer service.
  • Assist with onboarding new deals, including borrower and lender setup.
  • Maintain accuracy, follow internal control procedures, and contribute to teamwork and operational excellence.

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.
  • Access to the Alter Domus Academy, with six learning zones, career-tailored resources, and LinkedIn Learning resources.
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