Loan Operations and Treasury/Finance Associate

Job Summary

The team is seeking a Loan & Treasury Operations Associate to support the loan operations, treasury and asset and liabilities teams as part of our Credit platform. The Associate must be detail-oriented, motivated and willing to ask questions to learn and grow in a start-up environment. The ideal candidate has a positive attitude and strong numerical aptitude, highly motivated to learn and grow within a fast-paced, deadline-driven organization.

Responsibilities

• Day to day loan accounting, including time-sensitive new loan fundings, loan re-pricings, payment processing and all other loan activities in accordance with loan and security agreements
• Daily cash reconciliations and cash liaison within the construct of an external custodian and fund administrator environment
• Work closely with capital markets and liabilities teams on proper deal structuring
• Aid in the development of term sheets and negotiation of leverage facilities
• Assist in ensuring accuracy of cash reporting and loan accounting for our borrowers and investors
• Prepare monthly invoices to borrowers and lenders and insure prompt receipt and disbursement of cash from multiple cash accounts
• Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions for both assets and liabilities across multiple funds and leverage facilities
• Perform book, bill and collect or pay functions using Wall Street Office (S&P Global) investment accounting software to ensure we receive payments in accordance with legal documentation and pay liabilities from appropriate business entities
• Maintain and provide accurate data and reports to multiple departments internally and externally as it relates to loan and cash accounting
• Work closely with internal and external fund accountants to ensure assets, liabilities and cash accounting are reported timely to ensure smooth monthly & quarterly closes
• Monitor and report on cash flow forecasting for both assets and liabilities
• Perform scenario and risk analysis across exposures
• Accounts payable duties for credit Platform including working closely with Finance team to ensure timely payment of expenses and reconcile those expenses between reimbursable by Borrower and expenses allocated to specific funds
• Fulfilling requests of external auditors and providing accurate information for external reporting purposes

Requirements

• Experience: 2 to 4 years in loan operations in financial services or banking industry
• Ability to wear multiple hats as is expected in a rapidly growing firm
• Self-motivated and willing to work across business units
• Excellent credit risk and risk assessment skills
• Knowledge of fund accounting and cash management
• Being a Team Player with a positive attitude
• Excellent communication and interpersonal skills
• Strong attention to detail
• Proficiency with Excel, PowerPoint and Microsoft Word, Wall Street Office

Compensation

$65,000 - $85,000

Contact

Contact For more information, please email your resume to: careers@lafayettesquare.com