Loan Administration Manager

7 days ago


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

Arena Investors, LP and Quaestor Advisors, LLC are seeking an experienced Loan Administration Manager to join our team. As a global investment management firm, we specialize in off-the-run, stressed, distressed, illiquid, and esoteric special situation transactions.

The successful candidate will be responsible for managing the internal and external loan operations team through the full life cycle of loan originations and other credit-based investments. This includes:

Key Responsibilities
  • Loan Origination and Administration: Manage the loan origination process, including loan documentation review, investment allocations, treasury, and structuring review.
  • Loan Operations: Administer and manage investments, including borrower communication, cash monitoring, trade and accrual bookings, loan and interest statements, and reconciliations.
  • Amendments and Restructurings: Process amendments, restructurings, and payoff/settlements.
  • Reconciliations and Reporting: Perform daily and monthly reconciliations in connection with Fund NAV review.
  • Process Enhancements: Strengthen process and controls framework with process enhancements, training, and technology.
  • Database Management: Manage internal databases, including deal pipeline and CRM.
  • Credit Documentation Review: Review credit documentation for various types of loan facilities across the platform.
  • Position, Cash, and Accrual Reconciliations: Review daily position, cash, and accrual reconciliations from the Fund Administrator.
  • Support for Audits and Filings: Assist with supporting requests for annual audits and other regulatory filings.
  • Analytical Support: Provide analytical support to various groups, including Marketing, Compliance, and Mid Office.

Requirements

  • Bachelor's degree from a top university, ideally in a quantitative area.
  • 7+ years of direct experience in loan administration and/or agency at a securities or investment firm.
  • Excellent Microsoft Excel (VBA a plus) and writing skills.
  • Private credit experience and familiarity with various financial instruments across industries.
  • End-to-end deal closing and loan administration experience, including loan setup, principal and interest processing, deal amendments, and payoffs.
  • 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 team player.
  • Ability to communicate at a high level and 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
  • Hybrid Schedule
  • Free Food & Snacks
  • Wellness Resources


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