What are the responsibilities and job description for the Senior Associate Loan Services position at Tech Verses?
Position Title: Senior Private Credit Associate
Your Role:
● Act as a primary owner of assigned deals.
● Work with Loan Agency support staff to manage and communicate deal information to
the borrower and lending group.
● Review and negotiate administrative issues within credit agreements.
● Oversee the maintenance of the agency system to reflect attributes of each credit
agreement and related governing documents.
● Oversee the calculation, invoicing, and disbursement of all deal-related fees; Assume
responsibility 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 processing of
loan/facility-related activity, including rollovers, rate settings, conversions, prepayments,
assignments, amendments, waivers, et cetera
● Oversee accurate and timely collection and disbursement of interest/principal/fee
payments to lenders.
● Ensure collection of new borrowings from lenders and disbursement to the borrower.
● Act as senior liaison between borrowers and lenders, ensuring compliance with the
terms of the credit agreement and other governing documents.
● Maintain expert knowledge of all relevant portfolios and deal-related documentation.
● Train and coach support staff on the life cycle of a loan, deal documentation, industry
standards, and professional communication and execution of client workflow
deliverables.
● Exhibit an elevated level of professionalism and a client-focused approach that is
responsive, proactive, accountable, and reliable, adjusting communication appropriately
for various levels and parties.
● 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 skills to understand loan information
to successfully resolve exceptions.
Qualification
● Bachelor’s degree in finance, accounting, business, or economics (or commensurate
work experience).
● 3 years of investment management operations experience or bank loan
agency/syndication experience.
● Ability to quickly learn new concepts and independently research and resolve issues.
● Ability to collaborate with internal groups and external clients.
● Strong verbal/written communication skills.
● Ability to excel in a deadline-driven environment.
● Excellent organizational skills with exceptional attention to detail and follow-through.
● Demonstrated analytic skills, strong working knowledge of fundamental
financial/accounting/business concepts, and a 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.
Compensation:
The compensation for the position is $60K - $110K 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.
Your Role:
● Act as a primary owner of assigned deals.
● Work with Loan Agency support staff to manage and communicate deal information to
the borrower and lending group.
● Review and negotiate administrative issues within credit agreements.
● Oversee the maintenance of the agency system to reflect attributes of each credit
agreement and related governing documents.
● Oversee the calculation, invoicing, and disbursement of all deal-related fees; Assume
responsibility 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 processing of
loan/facility-related activity, including rollovers, rate settings, conversions, prepayments,
assignments, amendments, waivers, et cetera
● Oversee accurate and timely collection and disbursement of interest/principal/fee
payments to lenders.
● Ensure collection of new borrowings from lenders and disbursement to the borrower.
● Act as senior liaison between borrowers and lenders, ensuring compliance with the
terms of the credit agreement and other governing documents.
● Maintain expert knowledge of all relevant portfolios and deal-related documentation.
● Train and coach support staff on the life cycle of a loan, deal documentation, industry
standards, and professional communication and execution of client workflow
deliverables.
● Exhibit an elevated level of professionalism and a client-focused approach that is
responsive, proactive, accountable, and reliable, adjusting communication appropriately
for various levels and parties.
● 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 skills to understand loan information
to successfully resolve exceptions.
Qualification
● Bachelor’s degree in finance, accounting, business, or economics (or commensurate
work experience).
● 3 years of investment management operations experience or bank loan
agency/syndication experience.
● Ability to quickly learn new concepts and independently research and resolve issues.
● Ability to collaborate with internal groups and external clients.
● Strong verbal/written communication skills.
● Ability to excel in a deadline-driven environment.
● Excellent organizational skills with exceptional attention to detail and follow-through.
● Demonstrated analytic skills, strong working knowledge of fundamental
financial/accounting/business concepts, and a 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.
Compensation:
The compensation for the position is $60K - $110K 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 : $60,000 - $110,000