What are the responsibilities and job description for the Loan Administration Analyst (2025 Graduate) position at Deerpath Capital?
Location: Boston, MA
Company Description
Deerpath Capital is a leading direct lending firm specializing in providing first lien, senior debt financing to middle market companies. Deerpath is focused on providing debt capital for acquisitions, refinancings, ownership transitions and growth capital to companies in the U.S. lower middle market. Deerpath has investment offices in New York, Boston, Chicago, Los Angeles and Fort Lauderdale, as well as overseas investor relations offices in London, Seoul, Tokyo and Brisbane. The firm employs approximately 100 employees globally.
Position Overview
As part of a growing firm in the asset management industry, the candidate will have a diverse set of responsibilities within the loan operations area. The candidate will report directly to the VP of Loan Administration and work with the loan operations team on the following tasks:
Primary Responsibilities
- Responsible for loan administration including onboarding of loans into internal systems (Solvas CDO Suite).
- Responsible for monthly borrower billing and loan accrual entries into loan administration system.
- Execution of post-closing loan administration duties including assignment agreements, gathering loan agreements and other documentation from legal counsel.
- Work with Treasury team to get allocations and prepare flow of funds for new/add-on investments.
- Prepare payoff calculations for exited investments.
- Work with operations team on investor requests, adhoc reporting and communications with legal counsel.
- Manage the automated borrower/lender notice system, check for accuracy, reconcile discrepancies and follow up on collection and archiving of all notices with custodian banks.
- Distribute deal documents on recently closed transactions to custodian banks and other related parties.
- Prepare transaction confirmation letter for new investments and coordinate the response efforts as requested for service providers.
- Responsible for the preparation of loan transfers packages and distribution/communication with independent third-party service provider.
Desired Skills and Experience
- Bachelor's degree required ideally within a financial discipline.
- A firm administrator with excellent administrative skills.
- Well-developed IT skills including Outlook, Word, Excel, and PowerPoint.
- Strong analytical skills, work ethic, independence, problem-solving ability, effective communication skills, and overall positive attitude.
- Excellent oral and written communication skills.
- Strong computer knowledge and skills, including in-depth expert knowledge of spreadsheet, database, and word processing.
- Strong organizational skills with the ability to multi-task while under pressure.
- Customer service oriented.
NO RECRUITERS or AGENCIES for this posting. Any unsolicited resumes sent to Deerpath will be considered Deerpath property. Deerpath will NOT pay a fee for any placements resulting from the receipt of any unsolicited resumes.
Deerpath Capital Management, LP is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected characteristics.
