Private Credit - Summer Internships 2027

Alter DomusDetroit, MI
$23 - $25Hybrid

About The Position

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus 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. The Private Credit business unit works with clients on syndicated and corporate loans. These positions are client facing and are a great introduction to finance, loan servicing, and alternative investing. The following roles are open for Summer 2027: Loan Agency (Carmel, Chicago): Work primarily with syndicated commercial loans. This team focuses on loan processing, reviewing loan documents, invoicing, facilitating lender trades, and client service and communication. Loan Trade Settlement (LTS) (Chicago, Carmel): LTS focuses on the trading of loans. The team is client service focused. In this role you would have the opportunity to work closely with attorneys on the logistics and compliance of trades. Asset Based Lending (ABL) (Carmel): Handles collateral and asset-based servicing and monitoring. Successor Agency (SA) (Chicago): Works on distressed and high-risk loans. Commercial Loan & Credit Services (CLCS) (Chicago): This team is also known as Real Estate Loan Servicing team. CLCS works with non-syndicated and smaller loans providing underwriting support and a variety of other services. Credit Structured Products (CSP) (Carmel, Chicago): CSP focused on CDOs and CLOs. They work with a portfolio of commercial loans and a variety of clients.

Requirements

  • Client facing roles
  • Introduction to finance, loan servicing, and alternative investing

Responsibilities

  • Loan processing
  • Reviewing loan documents
  • Invoicing
  • Facilitating lender trades
  • Client service and communication
  • Working closely with attorneys on the logistics and compliance of trades
  • Handling collateral and asset-based servicing and monitoring
  • Working on distressed and high-risk loans
  • Providing underwriting support and a variety of other services for non-syndicated and smaller loans
  • Working with a portfolio of commercial loans and a variety of clients

Benefits

  • Support for professional accreditations such as ACCA and study leave
  • Flexible arrangements
  • Generous holidays
  • 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
  • Additional local benefits depending on your location
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