Position Title Capital Call & Distribution Specialist
Location New York/1400 Broadway/114025
Job Summary The Professional Lending Team provides leverage to employees of Private Equity firms and firms with a partnership structure for their equity purchase or fund investment needs. We create a customized loan program with each firm and then work with individual borrowers to extend credit. Our business model is based on capturing as much of the firm and client banking relationship beyond just our product, so providing an exemplary client experience is essential to our success.
The CC&D Specialist is responsible for facilitating Capital Call and Distribution transactions, responding to firm inquiries, and conveying transaction needs internally. This person will work directly with firms to ensure transactions are prepared, reviewed, executed, and monitored in a timely manner. They will also communicate deadlines/needs with internal partners. The ideal candidate understands that client service is the core of our business model, is detail oriented, is comfortable going above and beyond stated job requirements when special scenarios arise and is comfortable explaining confidential financial information and loan documentation.
Pay Range: $21.09 - $26.89 - $32.70
Pay Range: Local Minimum Wage - $0.00 - $0.00
Job Responsibilities:
Communicating with Firms.
Receiving and Inputting CC&D Requests.
Wire Verifications.
Communicate deadlines and provide updates to relevant internal teams and to firm.
Analyze and resolve or escalate capital call and distribution transaction discrepancies.
ADDITIONAL ACCOUNTABILITIES
Performs reconciliations, special projects, systems/tool maintenance, coverage of out of office team members, and additional duties/responsibilities as required.
Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
Discovers and implements process improvements.
Reviews and updates procedure manuals.
JOB REQUIREMENTS
Required Qualifications:
Education level required: College, Vocational or Associates Degree (2 years or equivalent).
Minimum experience required: 3+ Years in financial services or data analysis required.
Must be comfortable working in a fast-paced environment, balancing multiple deadlines, and communicating across teams and with clients.
No specific certifications or technical expertise required.
Preferred Qualifications:
Education level preferred: Undergraduate Degree (4 years or equivalent).
Ideal candidate will have an understanding of private equity fund finance basics including capital calls, distributions, and fair market value; as well as basic loan mechanics including interest rate calculation, credit types, loan to value ratio, debt to income ratio, advance rate, and amortization.
5+ Years in financial services or data analysis.
Job Competencies:
Intermediate/Advanced proficiency in Excel, comfortable using pivot tables, functions, and formulas.
Comfortable reviewing financial transactions.
Comfortable performing database queries
Comfortable working in fast paced environment and balancing multiple deadlines.
No travel requirements.
Physical demands (ADA): The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting.
