Loan Agency Services, Senior Associate

ABOUT US

We are Alter Domus. Meaning "The Other House" in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different. 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 :

• Act as a primary owner of assigned deals.
• Work with Loan Agency support staff to manage and communicate deal information to the borrower and lending group.
• Review and negotiate administrative issues within credit agreements.
• Oversee the maintenance of the agency system to reflect attributes of each credit agreement and related governing documents.
• Oversee the calculation, invoicing, and disbursement of all deal-related fees; Assume responsibility for the coordination of funds movement related to initial funding and closing, managing closings for lenders, transferring positions by assignment, and working closely with the borrower and lending group.
• Oversee ongoing maintenance of facility commitments and processing of loan / facility-related activity, including rollovers, rate settings, conversions, prepayments, assignments, amendments, waivers, et cetera0
• Oversee accurate and timely collection and disbursement of interest / principal / fee payments to lenders.
• Ensure collection of new borrowings from lenders and disbursement to borrower.
• Act as senior liaison between borrowers and lenders, ensuring compliance with the terms of the credit agreement and other governing documents.
• Maintain expert knowledge of all relevant portfolios and deal-related documentation.
• Train and coach support staff on the life cycle of a loan, deal documentation, industry standards, and professional communication and execution of client workflow deliverables.
• Exhibit an elevated level of professionalism and a client-focused approach that is responsive, proactive, accountable, and reliable, adjusting communication appropriately for various levels and parties.
• Work in a dynamic team environment and participate in strategic initiatives, identifying and implementing best practices and operational efficiencies.
• Use judgment, interpretation, and problem-solving skills to understand loan information to successfully resolve exceptions.

QUALIFICATIONS :

Salary range depending on experience : $60,000-105,000

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WHAT WE OFFER :

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.

Our global benefits also include :

Equity in every sense of the word

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 understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.

We are committed to ensuring an inclusive recruiting and onboarding process. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you.

Alter Domus Privacy notice can be reviewed via Alter Domus webpage : )

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Salary : $60,000 - $105,000