Loan Agency Services, Associate II

Alter Domus • Carmel-by-the-Sea, CA

48d • Hybrid

About The Position

Act as liaison between borrowers and lenders, collaborate with other parties within the industry, including legal counsel, trustees and other third party service providers.
Maintain a working knowledge of all relevant portfolios and deal related documentation.
Reference, understand and extract Credit Agreement and governing document information to ensure compliance and update the Agency system accordingly.
Use judgment, interpretation and problem-solving to understand loan related information.
Calculate, invoice and disburse all deal related fees; collect and disburse interest, principal, fee payments and new borrowing funds.
Coordinate funds movement for initial funding and closing.
Provide training to Associate level staff on policies and procedures.
Ensure proper system set-up including maintenance of changing deal attributes.
Understand services offered and risks as it relates to Agency and alert Manager of out of scope requirements, risk issues, etc.
Maintain facility commitments and process loan and facility-related activity including rollovers, rate settings, conversions, prepayments, assignments, amendments, etc.
Perform heavy data entry in agency systems and Microsoft Excel.

Requirements

• Bachelor’s degree in accounting, finance, economics, a related field, or commensurate work experience.
• 2+ years of experience in bank loan agency, syndication or investment management operations experience.
• Responsive, friendly, professional, and proactive communication approach.
• Deadline-driven and highly organized with exceptional attention to detail.
• Ability to independently research, analyze and resolve complex problems and quickly learn new concepts.
• Working knowledge of fundamental financial, accounting and operations concepts.
• High proficiency in Microsoft Excel

Nice To Haves

• Experience with Bloomberg and other loan research tools a plus.

Responsibilities

• Act as liaison between borrowers and lenders, collaborate with other parties within the industry, including legal counsel, trustees and other third party service providers.
• Maintain a working knowledge of all relevant portfolios and deal related documentation.
• Reference, understand and extract Credit Agreement and governing document information to ensure compliance and update the Agency system accordingly.
• Use judgment, interpretation and problem-solving to understand loan related information.
• Calculate, invoice and disburse all deal related fees; collect and disburse interest, principal, fee payments and new borrowing funds.
• Coordinate funds movement for initial funding and closing.
• Provide training to Associate level staff on policies and procedures.
• Ensure proper system set-up including maintenance of changing deal attributes.
• Understand services offered and risks as it relates to Agency and alert Manager of out of scope requirements, risk issues, etc.
• Maintain facility commitments and process loan and facility-related activity including rollovers, rate settings, conversions, prepayments, assignments, amendments, etc.
• Perform heavy data entry in agency systems and Microsoft Excel.

Benefits

• Support for professional accreditations such as ACCA and study leave
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees