Associate, Loan Operations

🌍 Remote, USA 🚀 Full-time 🕐 Posted Recently

Job Description

Monroe Capital LLC is a premier boutique asset management firm specializing in private credit markets. The Associate will manage a portfolio of loan transactions, ensuring timely and accurate processing while providing excellent customer service and support for closing, funding, and booking new deals.

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

Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. It was founded in 2004, and is headquartered in Chicago, Illinois, USA, with a workforce of 201-500 employees. Its website is http://www.monroecap.com.

Apply To This Job