Associate, Loan Operations
Monroe Capital LLC is a premier boutique asset management firm specializing in private credit markets. They are seeking an organized Associate to manage a portfolio of loan transactions, ensuring accurate processing and excellent customer service.
Responsibilities
- Review legal documents and extract relevant information
- Set up and maintain assets for various funds in Wall Street Office
- Manage a portfolio of deals
- Post customer advances, payments and loan contract continuances and complete all daily work in timely and accurate manner
- Enter wires to settle with participants and funding partners while ensuring that all members remain in sync
- Invoice clients and create system notifications of activity
- Provide excellent customer service by keeping required parties apprised of loan activity
- Assist with the closing, funding and booking of new deal transactions
- Respond to internal and external inquiries regarding loan balances, interest, fees and expenses and respond to ad-hoc requests
- Proactively identify loan performance concerns and communicate these to the portfolio management team
- Perform daily cash reconciliation
- Assist the Accounting Department with questions regarding reconciliation of cash and loan position activity
- Special projects upon request
Skills
- 1+ years of experience in banking/financial field
- Strong work ethic
- Works well independently as well as in a team environment
- Good written and verbal communication skills
- Ability to interface with numerous constituents at various levels
- Self-starter with a positive attitude and the ability to work independently and conscientiously
- Proficiency with the Microsoft Office products
- Ability to multi-task, balancing many responsibilities simultaneously
- Familiarity with the Wall Street Office loan system and proficiency in processing a plus
- Bachelor's Degree in Accounting, Finance or Business Administration preferred
Benefits
- Full range of medical
- Financial and / or other benefits
- 401(k) eligibility
- Various paid time off benefits such as vacation
- Sick time and parental leave
Company Overview