Alter Domus

Account Manager

Recruiter
Alter Domus
Location
Chicago, US
Salary
Customised compensation structure
Posted
16 May 2024
Closes
16 Jun 2024
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

ABOUT US

We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

JOB DESCRIPTION:

  • Responsible for team structure and deal distribution within team including managing capacity.
  • Ensure team is following procedures, checklists, and exception reports and outstanding invoices are addressed.
  • Accountable for all aspects of assigned clients including regular follow-up and annual client visits.
  • Thorough knowledge of requirements for all deals within the team with a heavy focus on unique deal characteristics and regulatory requirements.
  • Ensure automation for existing deals and ongoing efforts for additional automation and standardization of processes across team.
  • High-level review of complex administrative issues within Credit Agreements.  
  • Oversee the updating of the Agency system to reflect attributes of each credit agreement and related governing documents.
  • High-level overview of the calculation, invoicing and disbursement of all deal related fees.  
  • Responsible for the coordination of funds movement related to initial funding and closing, managing closings for lenders transferring positions by assignment, and working closely with the borrower and lending group.
  • Oversee ongoing maintenance of facility commitments and the processing of loan/facility-related activity; including rollovers, rate settings, conversions, prepayments, assignments, amendments, waivers, etc.
  • Oversee accurate and timely collection and disbursement of interest/principal/fee payments to lenders.  Ensure collection of new borrowings from lenders and disbursement to borrower
  • Act as senior liaison between borrowers and lenders; ensure compliance with the terms of the Credit Agreement and other governing documents
  • Maintain expert knowledge of all relevant portfolios and deal related documentation.
  • Directly manage, train and coach support staff on the life cycle of a loan, deal documentation, industry standards, professional communication and client workflow deliverables and execution.
  • Exhibit a high level of professionalism and a client-focused approach that is responsive, proactive, accountable and reliable.  Adjust communication appropriately for various levels and parties.
  • Demonstrable ability to learn new concepts quickly and independently research and resolve issues.
  • Work in a dynamic team environment and participate in strategic initiatives identifying and implementing best practices and operational efficiencies.
  • Use judgment, interpretation and problem-solving to understand loan information in order to successfully resolve exceptions.
  • Excel in a deadline-driven environment, highly organized with exceptional attention to detail and follow through.

QUALIFICATION:  

  • Bachelor’s degree in finance, accounting, business or economics or related field, or commensurate work experience.
  • 5+ years of investment management operations experience or bank loan agency/syndication experience.
  • Ability to independently research and resolve complex problems.
  • Ability to collaborate with internal groups and external clients; strong verbal/written communication skills.
  • Demonstrated analytic skills, strong working knowledge of fundamental financial/accounting/business concepts and a strong, proactive interest in learning and mastering new concepts.
  • Strong Microsoft Excel skills and experience, knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools.

WHAT WE OFFER:

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our global benefits also include:

  • Support for professional accreditations such as ACCA and study leave
  • Flexible arrangements, generous holidays, birthday leave and graduation leave
  • Continuous mentoring along your career progression
  • Active sports, events and social committees across our offices
  • Support with mental, physical, emotional and financial support 24/7 from our Employee Assistance Program
  • The opportunity to invest in our growth and success through our Employee Share Plan
  • Plus additional local benefits depending on your location

Equity in every sense of the word

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.

We celebrate our differences, and understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.

We are committed to ensuring an inclusive recruiting and onboarding process. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)

For further information, and to apply, please visit our website via the “Apply” button below. 

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