Junior Loan Administrator
Kayne Anderson Capital Advisors
Chicago, illinois
Job Details
Full-time
Full Job Description
Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on niche investing in real estate, energy infrastructure and renewables, private energy, middle market direct lending and growth equity. Kayne Anderson’s investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne manages $35 billion in assets for institutional investors, family offices, high net worth and retail clients and employs approximately 330 professionals in six core offices across the United States and London.
Kayne Anderson’s Middle Market Direct Lending department is seeking a Junior Loan Administrator to join our Loan Operations team within our Chicago office, on a hybrid schedule of 2 days per week in office. We are seeking a self-motivated, proactive Analyst who thrives in a fast-paced, collaborative environment. This individual will be responsible for daily loan operations responsibilities, including daily interaction with investors and deal teams.
DUTIES AND RESPONSIBILITIES
- Lead role in processing/creating wires for settlement with outside funding sources
- Monitor multiple bank accounts, assisting with identification and reconciliation of cash
- Enter trades into Wall Street Office (“WSO”) and trade capture systems
- Set up deals in WSO and assist with other loan operation interfaces with IMAs and investors
- Review transaction documentation to ensure completeness and accuracy within the loan systems
- Develop a professional working relationship with clients both external and internal−Create timely invoices for clients at month-end and ensure all loans are rolled and correct rates are set for the next accrual period
- Create deliverables in WSO for client requirements (e.g. annual agents’ fees, etc.)
- Resolve position and cash breaks with counterparties
- Respond to questions from counterparties, IMAs and Leverage providers
- Active participation in team meetings and initiatives
Requirements
- BS/BA in Finance, Business Administration or a related field
- 1-3 years of experience, preferably in a banking/financial services environment
- Wall Street Office experience a plus, but not required
- Proficiency with Microsoft Office Suite and other MS-Based applications (with particular reference to MS Excel and MS Word)
- Must be self-motivated, self-directed and proactive
- Strict attention to detail, excellent communication skills, and strong organizational skills
- Must work well under pressure
- Must demonstrate professionalism and a strong work ethic
- Ability to prioritize workload and meet target deadlines
Benefits
- Competitive Medical, Dental, Vision
- Flexible Spending Accounts
- 401(k)
- Private Health – Healthcare Navigation
- Competitive insurance, flex spending program and 401k benefits
- Reimbursement of professional society memberships and exam fees
- Up to $5,000 matching annually for contributions to qualified non-for-profit organization
Employment with the company is contingent on the applicant being able to provide proof of eligibility to work in the United States at the time of hire.
Kayne Anderson is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.