What are the responsibilities and job description for the Loan Servicing Associate position at Fusion Staffing Partners?
Our elite global Alternative Investment Management client is seeking to recruit a Loan Servicing Associate to service broadly syndicated middle market loans across multiple lenders.
Responsibilities :
- Service broadly syndicated middle market loans across multiple lenders
- Manage full lifecycle processing of loans and securities
- Book new transactions, interest rollovers, principle payments, etc.
- Interact frequently and effectively with borrowers, deal teams and lenders
- Analyze and interpret credit agreements and legal documentation effectively
- Collaborate with multiple fund administrators to analyze profit and loss statements (P&L), cash breaks and to reconcile positions
- Assist deal teams and borrowers with daily revolver activity
- Perform daily book vs. broker cash reconciliations
- Enter wires for loan settlements in a timely manner
- Perform IRR calculations
- Work closely with internal and external stakeholders
Requirements :
