What are the responsibilities and job description for the Private Equity - Loans Execution Manager position at WTECH Search?
Excellent career growth, culture, and bonus! Fantastic benefits.
Functional Job Title: Bilateral & Syndicated Loans Operations Manager
Firm: Alternative Investment Manager, < $100 billion aum
Background Description: A prestigious asset manager's private businesses have grown significantly over recent years and high caliber talent is needed to help support continued business growth, improve processes and scale operations. This is a strategic position that will focus on managing the private loans deal pipeline process across the firm.
Role Description:
- An integral member of a team that manages the firmwide deal pipeline for bilateral and syndicated loan closings
- Work closely with teams across the organization including Front Office deal teams, compliance, investor relations, legal, middle office, operations, technology, potential investors, service providers as well as other groups to manage transaction executions/closings
- Supervise 1-2 junior team members
- Manage the process for logging new deals and ensure appropriate data is validated upfront
- Oversee full pipeline tracking and status management for all deals across the firm
- Secretary various Investment Committee meetings, drive agendas, and update pipeline with meeting updates
- Oversee the gathering of key data points and help drive pipeline status through deal closing
- Assist in the review and execution of credit agreements, commitment letters, fee letters, amendments, etc.
- Ensure the tracking of important lifecycle events such as amendments, repayments, large draws, etc.
- Improve overall business processes related to pipeline management and deal closing
Qualifications:
- 8 years relevant middle office experience in the bank loan/private credit/real estate loans/real estate equity, private equity space
- Highly experienced with managing and coordinating bank loan closings
- Strong knowledge of documentation for closing transactions, including credit agreements
- Proven ability to lead projects for improving technology used for loan closing and operations
- Excellent communication skills
- Demonstrated ability to solve problems and interact directly with investment professionals.
- Experience with Dealcloud or similar CRM (to track deals, not Salesforce) a plus but not necessary
- Candidates from Alternative Investment Managers, Fund Administrators, Merchant Banks, and Investment Banks who are knowledgeable with private equity, real estate debt, credit, bank loans, syndicated loans, CLO's and related loan documents will be considered
Salary : $150,000 - $180,000
