Chicago, United States
Hybrid
Job ID:
14691
Date posted:
October 01 2024
Category:
Debt Capital Market
Job Level:
Officer
Debt Capital Markets
Discover the future of debt capital markets. We’re experts at adapting and innovating in this growing field. You’ll develop new depths of experience in custody and treasury management, agency services, loan trade settlement and loan administration.
Successful Profile
What makes a successful member of our team? Check out these top traits we're looking for and see if you have the right mix.
- Analytical
- Communicator
- Detail-oriented
- Motivational
- Problem-solver
- Team player
Culture
Our culture is unlike anywhere else. We are proud of what we have built so far – even as we continue to push our boundaries, to ensure our success in the future. Our environment is powered by a unique set of values and one deliberate mission. To perform, together. By harnessing technology and the collective intelligence of our people, we make the investment management process run smoother: transparent, data led decision making on a global scale. We are The Alternative.
Career path
Trainee
Officer
Senior Officer
Manager
Senior Manager
Director
Benefits
The Academy
Work/Life Balance
Flexible Working Hours
Competitive packages with extra benefits depending on location
Extra days depending on location and birthday leave
Team Work
Real Estate & Other Loan Services - Associate II
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 accurate recordkeeping and execution of all loan activities including, but not limited to: loan disbursements, repayments, payoff letters, amortization schedules, borrower billing statements, client invoices, and new loan set-up
- Use effective listening and communication skills to liaise with clients, internal Alter Domus teams and external parties regarding the timeliness and accuracy of loan activity information
- Maintain loan product knowledge to review loan activity such as borrowing billing, payments, disbursements, amortization schedules, payoffs, and reports
- Review new loan set-up to ensure accuracy
- Ensure timely, accurate data entry into loan processing and customer systems
- Review and process distributions, and escrow payments via wire, ACH, or check
- Daily, weekly and monthly reconciliation of accounts with bank records
- Document custodial services for commercial, residential, or other loan facilities. Inventory and certify loan files, reporting exceptions. Processing of full or partial release requests
- Assist on onboarding of new clients, including collection of KYC documentation and account opening
Client Service and Communication Skills:
- Responsive, friendly and proactive personality
- Demonstrable ability to learn new concepts quickly and independently while maintaining effective communication with team members
- Multi-task and maintain a high level of organization to meet daily and monthly deadlines.
- Work in a dynamic team environment and participate in strategic initiatives.
- Use judgment, problem-solving, and flexibility to achieve goals and meet deadlines.
- Deadline-driven and highly organized with exceptional attention to detail
QUALIFICATIONS:
- Bachelor’s degree in finance, accounting, business or economics or commensurate work experience
- Work experience with real estate loans and account servicing a plus
- Ability to independently research and resolve problems
- Responsive, friendly, professional, highly organized, and superb communication style
- Solid Microsoft Excel experience
- Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools an advantage
- Exceptional attention to detail and ability to thrive within a high-volume data-entry environment with both proficiency and accuracy
- Demonstrated willingness to work within a deadline-driven environment.
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
- 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 is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
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Hear from the team
"Alter Domus prides itself on giving individuals the opportunity to grow personally, professionally, and more specifically for myself in a leadership capacity. From when I started, I have been grateful to have the support of management and a strong leadership team around me.
Alter Domus has a very diverse workforce with an abundance of rich experience, and individuals have the freedom to engage with leadership and management teams at all ends of the spectrum."
Mohammad Khan, Associate Director - Debt Capital Markets, North America