Associate, Asset Management

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Associate, Asset Management Full Time Bethesda, MD, US Salary Range: $75,000.00 To $80,000.00 Annually About Calvert Impact: Calvert Impact is a global impact investment firm that helps everyday investors and financial professionals invest in solutions that benefit people and the planet. Calvert Impact uses its unique position to ensure communities are better served by capital markets through a range of products and partnerships. Since 1995, Calvert Impact has mobilized more than $5 billion to grow mission-driven funds and organizations. Learn more at . Job Objectives: Calvert Impact is seeking to fill an Associate, Asset Management to perform day-to-day loan administration activities related to the loan and equity portfolios. The individual is responsible for all aspects of loan administration, including supporting the development and implementation of new products. The role requires someone with strong operational, problem-solving and project management skills, a high level of understanding of legal documentation associated with loan and equity products, the ability to be nimble and thrive in a fast-paced environment. This individual must be able to support the Senior Officer, Asset Management in all areas. This individual must also be able to provide a high level of service to internal and external customers, as well as share the commitment to the mission of the organization. Responsibilities: Contribute to the success of the strategic goals and objectives of the organization by applying technical skills in the area of Loan Administration. Specific areas of responsibility include but are not limited to: Contributing to Deal Approvals Attend Investment Committee meetings Review and provide feedback as it relates to Asset Management on proposed credit transactions Loan Closings Review closing documents for alignment with approved teams and conditions. Coordinate with Borrowers and Internal Teams (Investments Team, Legal Counsel, and Risk Management) to ensure all documents necessary for closing have been received, reviewed, and approved as required. Disbursement of Funds Review and prepare loan disbursements Review and monitor construction loans, if applicable Review loan requests and supporting documentation Coordinate disbursements with internal teams Coordinate disbursements with external lenders. Monitoring Set-up loans in the loan servicing system, in conformance with closing documentation and approved terms and conditions. Prepare and ensure payments are made timely to participating lenders Prepare and send monthly invoices to Borrowers Prepare pay-off statements, as requested Ensure that payments are properly applied. Track and manage loan maturities. Perform monthly audit of new loan closings to ensure set up accuracy Monitor hedges for foreign currency denominated loans. Monitor Borrower request and follow up with Borrowers for problem resolution. General Responsibilities Work cross-functionally with other departments to identify requirements and manage implementation of new products. Assist is revising and maintaining current procedures for Asset Management Provide recommendations for process improvements Provide support as the organization implements new core systems (loan servicing, accounting, portfolio management, etc) Required Skills: 1-3 years loan administration or asset management experience in the financial services industry; Strong operational and project management skills, with excellent attention to detail. Comfortable with working with technology Familiarity with Carta or similar loan servicing system, desired. Strong commitment to quality and superior customer service. Exceptional interpersonal skills, with the ability to interact with people internally and externally. Solid team player, with the ability to manage through influence. Undergraduate degree in business administration or equivalent work experience. #J-18808-Ljbffr Calvert Impact OTOF, LLC