Loan Operations Specialist

5 hours ago


Jacksonville, Florida, United States Arena Investors I Quaestor Advisors Full time
Job Summary

Arena Investors, LP and Quaestor Advisors, LLC are seeking a highly skilled Loan Operations Specialist to join their team. The ideal candidate will have a strong background in loan administration and a passion for working in a fast-paced, dynamic environment.

The Loan Operations Specialist will be responsible for assisting in the compilation, inputting, and monitoring of static data within internal and external systems. They will also assist with the administration of loans, including coordination with borrowers regarding interest and principal payments, draw downs, and deal amendments.

The successful candidate will have excellent Microsoft Excel skills, with experience in VBA a plus. They will also have strong writing skills and be able to communicate effectively with internal functional groups.

The Loan Operations Specialist will work closely with the Operations Team to ensure the smooth administration of loans and other structured financing arrangements. They will be responsible for managing the daily administration of the portfolio within the internally developed Loan Management System (LMS).

The ideal candidate will have a Bachelor's degree from a top university, ideally in a quantitative area such as finance, economics, or accounting. They will also have 3-5 years of direct experience in loan administration and/or agency at a securities or investment firm.

The Loan Operations Specialist will be a key member of the Operations Team and will play a critical role in ensuring the success of the company's loan administration operations.

Responsibilities:

  • Assist in the compilation, inputting, and monitoring of static data within internal and external systems.
  • Assist with the administration of loans, including coordination with borrowers regarding interest and principal payments, draw downs, and deal amendments.
  • Manage the daily administration of the portfolio within the internally developed Loan Management System (LMS).
  • Support the deal funding process, including managing cash balances, cash forecasts, and closing wire transfers.
  • Manage the documentation process surrounding all deals within internal systems and at external service providers.
  • Monitor and assist with identifying and reconciling all cash activity within loan specific external cash accounts.
  • Daily reconciliation of the Fund Administrator Loan Administration activity.

Requirements:

  • Bachelor's degree from a top university, ideally in a quantitative area such as finance, economics, or accounting.
  • 3-5 years of direct experience in loan administration and/or agency at a securities or investment firm.
  • Excellent Microsoft Excel skills, with experience in VBA a plus.
  • Strong writing skills and ability to communicate effectively with internal functional groups.
  • Experience with private credit loan origination a plus.
  • Wall Street Office (WSO), Loan IQ or equivalent system experience a plus.
  • The highest level of personal integrity and ethical standards.
  • A positive attitude, strong work ethic, and a desire to work collaboratively across the organization.
  • Ability to communicate at a high level.
  • Strong attention to detail.

Benefits:

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Training & Development
  • Free Food & Snacks
  • Wellness Resources


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