Junior Loan Administrator
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
Apply Now
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
Apply Now