Alter Domus - Loan Trade Settlement, Account Manager, application via RippleMatch

RippleMatch Opportunities•Chicago, IL

1d•$60,000 - $105,000•Hybrid

About The Position

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions. With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take. Find out more about life at Alter Domus at careers.alterdomus.com JOB DESCRIPTION: Demonstrate product and functional knowledge of the bank loan market to communicate with business and trading counterparties; Take a lead role in the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding and documentation matters. Maintain a strong knowledge of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to. Liaise with Administrative Agents with regard to KYC documentation, including administrative details, tax and fund formation documents. Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions. Participate in mentoring, training, and coaching of more junior team members. Identify opportunities to improve technology and efficiency across the team. Interact with internal and external counterparts such as Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers; Investigate and resolve closing and transactional issues, communicating all issues in a timely manner; Participate in the review of daily/weekly reports and metrics provided to clients to highlight status of trades and risks; and Work in a dynamic team environment and participate in strategic initiatives.

Requirements

Bachelor’s degree in finance, accounting, business, economics, or related filed
5+ years of experience supporting the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding
Ability to independently research and resolve complex problems
Ability to work closely with internal groups and external clients
Effective communication skills
Demonstrated analytic skills; strong working knowledge of fundamental financial/accounting/business concepts; and a strong, proactive interest in learning and mastering new concepts
Demonstrated ability to prioritize and complete tasks while providing close attention to detail
Strong Microsoft Excel skills and experience, knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools.

Nice To Haves

Experience in investment management operations and/or bank loan syndication a plus

Responsibilities

Demonstrate product and functional knowledge of the bank loan market to communicate with business and trading counterparties
Take a lead role in the settlement process of loan syndications, secondary loan trades, CLOs, restructures, privates, and trade claims including funding and documentation matters.
Maintain a strong knowledge of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to.
Liaise with Administrative Agents with regard to KYC documentation, including administrative details, tax and fund formation documents.
Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions.
Participate in mentoring, training, and coaching of more junior team members.
Identify opportunities to improve technology and efficiency across the team.
Interact with internal and external counterparts such as Portfolio Management, Attorneys, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers
Investigate and resolve closing and transactional issues, communicating all issues in a timely manner
Participate in the review of daily/weekly reports and metrics provided to clients to highlight status of trades and risks
Work in a dynamic team environment and participate in strategic initiatives.

Benefits

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Support for professional accreditations
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
We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.
We celebrate our differences, and recognise that our success relies on diverse perspectives and experiences, as we work towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.
We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.