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Loan Administrator

Suntera Fund Services
Short Hills, NJ Full Time
POSTED ON 3/25/2025 CLOSED ON 3/29/2025

What are the responsibilities and job description for the Loan Administrator position at Suntera Fund Services?

About the Company

Suntera Global is a leading international provider of fund, corporate and private wealth services, with over 45 years of experience and 550 specialists supporting a diverse range of industries worldwide, empowering responsible ambition through professional delivery of governance, administration and accounting services, all while focusing on strong relationships and continually evolving to provide the best possible service to clients.


About the Role

As part of the firm’s organic growth strategy, we have an opportunity for an individual who is motivated to become an integral part of a fast-growing Fund Administration firm by supporting loan administration activities.


Responsibilities

  • Boarding new loans in our system, which will act as a subledger to the official books and records, Investran
  • Accounting for Lifecyle events (at present these are all bi-lateral loans)
  • Working with the loan agent to ensure that the borrowers are invoiced properly and to ensure that their payments are received in a timely manner
  • Maintaining a calendar of deliverables and important dates related to each borrower’s covenants and reporting requirements
  • Collecting financial information from the borrowers, aggregating that data and reporting back to the loan agent/client
  • Working with the respective fund administration team(s) to ensure that the loan accounting is correct in the official books and records for the fund


Qualifications

Studying towards a bachelor’s degree in accounting, finance, or related business degree


Required Skills

  • Introduction to financial products including, but not limited to, public and private equity, fixed income, venture capital, and real estate, a major plus
  • Previous experience working as an Associate or similar loan administration capacity
  • Self-motivated, confident, patient and a strong desire to exceed expectations
  • Exceptional verbal and written communications skills with unsurpassed attention to detail and organizational skills
  • Ability to work in a start-up environment with an entrepreneurial spirit, as well as the ability to demonstrate initiative and perform well under pressure


Preferred Skills

  • Dedicated to conforming to local policies and procedures and to accepted professional standards
  • Dedicated to meeting and exceeding expectations of both internal and external clients, ability to develop mutual relationships with clients and their advisors and can clearly identify and articulate issues and solutions
  • Recognised as a team player, can solve problems quickly and gain the trust and support of others
  • Proficient in written and verbal communication
  • Ability to operate pro-actively in a complex and fast-moving environment, can use own initiative and make decisions within corporate policies
  • Ability to set priorities; work under pressure and meet deadlines
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