Monroe Capital LLC is a premier asset management firm specializing in private credit markets. The Associate will manage a portfolio of loan transactions and provide support in 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
- Bachelor's Degree in Accounting, Finance or Business Administration preferred
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.