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Monroe Capital LLC · 4 hours ago

Associate, Loan Operations

Chicago, IL

Full-time

Hybrid

Entry Level

$65K/yr - $85K/yr

1+ years exp

Monroe Capital LLC is a premier boutique asset management firm specializing in private credit markets. They are seeking an organized Associate to manage a portfolio of loan transactions, ensuring accurate processing and excellent customer service.

Asset ManagementCreditFinanceFinancial ServicesWealth Management

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

Qualification

Banking experienceLoan processingMicrosoft OfficeBachelor's DegreeMulti-taskingWall Street Office systemCommunication skillsTeamworkSelf-starter

Required

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

Preferred

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

Monroe Capital LLC

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.

Founded in 2004

Chicago, Illinois, USA

201-500 employees