Nimbus Line ยท 4 hours ago
Loan Agency Associate - Recent Graduates
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$60K/yr - $110K/yr
3+ years expNimbus Line is an internationally recognized HR consultancy firm, and they are seeking a Senior Private Credit Associate. The role involves managing assigned deals, overseeing communication between borrowers and lenders, and maintaining compliance with credit agreements.
Information Technology & Services
Hiring Manager
Bisma Alam
Responsibilities
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
Required
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
Company
Nimbus Line
Nimbus Line is a space for professionals building the future through cloud-first thinking.
Founded in 2023Philadelphia, Pennsylvania, US
11-50 employeesFunding
Current Stage
Early StageCompany data provided by crunchbase