Job description
FSG is the solution for operational excellence being sought by private fund managers who wish to focus solely on raising capital and identifying investment opportunities. We support the entire life-cycle of our clients’ private funds and management company, managing the execution of investments, the experience of their investors, and the compliance, finance and human resource solutions needed to satisfy all regulatory requirements. Our team is asked to serve our clients with consistent excellence and accountability, while being allowed to live their definition of success. We focus on bringing new team members on board who share our passion for providing excellence in our service, while never wavering from our Principles of integrity, effort, communication and protecting time with our families.
Loan Servicing Senior Associate
FSG is the opportunity to learn and experience the finance industry for a people-oriented, hard-working, team player. Our unique culture is built by the team and for the team. Our compensation structure provides unlimited upside to our team members. We will teach you all that you need to know to be successful on our team, so we do not require any specific degree or work history. We just hope you are as non-traditional and eager to prove yourself as we are!
Your key responsibilities are to deliver white glove service and honor the FSG Principles while:
Provide end-to-end loan administration and middle-office services for private fund clients, supporting the full lifecycle of private credit and loan investments
Review credit agreements and establish and maintain loan records in Hazeltree, including key terms, rates, payment terms, maturities, and other required data
Process loan activity (including drawdowns, paydowns, restructurings, rate resets, defaults, and amendments)
Monitor and reconcile principal, interest, fees, funding, and other loan and cash activity; prepare payoff calculations and resolve payment or cash exceptions
Coordinate loan transactions and money movements with clients, fund administrators, and other stakeholders
Prepare recurring loan portfolio and valuation reporting, including weekly and other client-required reporting
Maintain complete loan documentation and system records, resolve data and documentation discrepancies, and support audits, client/investor requests, and other operational needs
Our requirements for you as an applicant are simple:
2–5 years of relevant experience, preferably in loan administration, private credit, treasury, fund administration, banking, custodial operations, private funds, or Registered Investment Advisors
Familiarity with private credit, loan documentation, loan servicing, or investment operations preferred
Experience with Sentry, Hazeltree, or another loan administration platform is a plus
Strong ability to interpret financial and transaction documentation and accurately capture key data points
Exceptional organizational, written, and verbal communication skills, with the ability to prioritize and manage multiple deadlines in a high-volume, fast-paced environment
Impeccable attention to detail and a strong commitment to data accuracy
Strong problem-solving skills and ability to identify and resolve cash, data, and documentation discrepancies
Team-oriented with a persistent work ethic and willingness to learn new systems and processes quickly
Proficiency in Microsoft Office Suite, particularly Excel
If you excel in your responsibilities and fulfill your requirements, our commitment to you is:
Comprehensive benefits
Base salary commensurate with experience and success: The annual base salary range for this position is $60,000 to $85,000
Quarterly bonus that offers unlimited potential growth - 1/3rd of our profits (no matter how much) are shared with our team in bonuses each quarter
We are primarily a remote work company, but some of the training for this role may be best delivered in-person leveraging client sites or local coworking locations. Our clients also ask us to provide on-site support from time-to-time. In the interview process, we can outline expectations about what, if any, in-person training or support time is expected to be required for this role.
You will be successful when you deliver exemplary service to our clients and their investors, fulfill the FSG vision and purpose, and bring success to the entire FSG team. We are excited to have you join our team and appreciate your interest in joining us on a journey to success!
Originally posted on Himalayas
Who can apply
Eligible countries: United States. Accepted UTC offsets: UTC-10, UTC-9, UTC-8, UTC-7, UTC-6, UTC-5, UTC+14. Review the full description for employer-specific work authorization, residency and schedule requirements.