What are the responsibilities and job description for the Loan Agency Associate position at Growth Mesh?
Job Description:
Act as liaison between borrowers and lenders, collaborate with other parties within the industry, including legal counsel, trustees and other third party service providers.
Maintain a working knowledge of all relevant portfolios and deal related documentation.
Reference, understand and extract Credit Agreement and governing document information to ensure compliance and update the Agency system accordingly.
Use judgment, interpretation and problem-solving to understand loan related information.
Calculate, invoice and disburse all deal related fees; collect and disburse interest, principal, fee payments and new borrowing funds.
Coordinate funds movement for initial funding and closing.
Provide training to Associate level staff on policies and procedures.
Ensure proper system set-up including maintenance of changing deal attributes.
Understand services offered and risks as it relates to the Agency and alert the Manager of out of scope requirements, risk issues, etc.
Maintain facility commitments and process loan and facility-related activity including rollovers, rate settings, conversions, prepayments, assignments, amendments, etc.
Perform heavy data entry in agency systems and Microsoft Excel.
Qualification:
Bachelor’s degree in accounting, finance, economics, a related field, or commensurate work experience.
2 years of experience in bank loan agency, syndication or investment management operations experience.
Responsive, friendly, professional, and proactive communication approach.
Deadline-driven and highly organized with exceptional attention to detail.
Ability to independently research, analyze and resolve complex problems and quickly learn new concepts.
Working knowledge of fundamental financial, accounting and operations concepts.
High proficiency in Microsoft Excel and experience with Bloomberg and other loan research tools a plus.
Compensation:
The compensation for this role is $40K - $80K per annum.
About us:
We are an internationally recognized HR consultancy firm helping candidates match with the potential roles by using an Artificial Intelligence System which is free of cost. We are a global market leader who works with several top-tier companies, tech startups, freelancers, industry professionals, and subject matter experts for projects, internships, and jobs.
Important:
The successful application submission for the above role(s) will be conditional to your profile evaluation by our AI system. We can let you know better once you submit your resume.
Act as liaison between borrowers and lenders, collaborate with other parties within the industry, including legal counsel, trustees and other third party service providers.
Maintain a working knowledge of all relevant portfolios and deal related documentation.
Reference, understand and extract Credit Agreement and governing document information to ensure compliance and update the Agency system accordingly.
Use judgment, interpretation and problem-solving to understand loan related information.
Calculate, invoice and disburse all deal related fees; collect and disburse interest, principal, fee payments and new borrowing funds.
Coordinate funds movement for initial funding and closing.
Provide training to Associate level staff on policies and procedures.
Ensure proper system set-up including maintenance of changing deal attributes.
Understand services offered and risks as it relates to the Agency and alert the Manager of out of scope requirements, risk issues, etc.
Maintain facility commitments and process loan and facility-related activity including rollovers, rate settings, conversions, prepayments, assignments, amendments, etc.
Perform heavy data entry in agency systems and Microsoft Excel.
Qualification:
Bachelor’s degree in accounting, finance, economics, a related field, or commensurate work experience.
2 years of experience in bank loan agency, syndication or investment management operations experience.
Responsive, friendly, professional, and proactive communication approach.
Deadline-driven and highly organized with exceptional attention to detail.
Ability to independently research, analyze and resolve complex problems and quickly learn new concepts.
Working knowledge of fundamental financial, accounting and operations concepts.
High proficiency in Microsoft Excel and experience with Bloomberg and other loan research tools a plus.
Compensation:
The compensation for this role is $40K - $80K per annum.
About us:
We are an internationally recognized HR consultancy firm helping candidates match with the potential roles by using an Artificial Intelligence System which is free of cost. We are a global market leader who works with several top-tier companies, tech startups, freelancers, industry professionals, and subject matter experts for projects, internships, and jobs.
Important:
The successful application submission for the above role(s) will be conditional to your profile evaluation by our AI system. We can let you know better once you submit your resume.
Salary : $40,000 - $80,000