Junior Loan Administrator
Kayne Anderson Capital Advisors
Chicago, illinois
Job Details
Full-time
Full Job Description
About Kayne Anderson Capital Advisors, L.P.
Kayne Anderson, 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 $36 billion in assets for institutional investors, family offices, high net worth and retail clients and employs over 340 professionals in five offices across the U.S.
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. 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.
Essential Job Functions (Duties/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, and vision insurance
- Flexible spending accounts (dependent care, healthcare, limited purpose FSA)
- Accident and Critical Illness insurance
- Long Term Disability insurance
- Competitive 401(k) benefits
- Pet healthcare savings program
- Member’s Only Healthcare - healthcare navigation
- WellHub - corporate wellness platform
- $10,000 lifetime reimbursement for family forming services (e.g. IVF, adoption, surrogacy)
- Fertility coaching services
- Rocket Lawyer legal benefits
- Reimbursement of professional society memberships and exam fees
- Up to $10,000 matching annually for contributions to qualified non-for-profit organizations
- Parental leave