Careers

OFS Capital Management offers its employees a team-oriented, collaborative work environment, where the principles of integrity, teamwork, and open communication are integral to continued success. OFS Capital Management seeks qualified candidates with relevant experience to work across all of its business lines.

Current Openings

  • AVP, Loan Operations

    Full Time. CIM Group, LP. Chicago, IL. (OFS) Loan Administration

    The AVP Operations is primarily responsible for oversight of the Loan Operations function.  This includes planning and execution of all aspects of loan operations, including policies and procedures, loan documentation, processing, and reviews. 

    Essential Functions:

    • Knowledge of Wall Street Office Administrator and Wall Street Office Reporting
    • Daily Portfolio of Activity.  Includes managing a portfolio of 75-100 loans, which include LIBOR rollover, amortization payment, etc.
    • Invoice/billing clients
    • Ability to Review complex Credit Agreements to obtain pertinent information
    • Cash Balancing 
    • Provide support to the credit function in the analysis of customer’s financial performance.
    • Plans, designs, implements and directs loan administration functions for efficiency, consistency, accuracy and turnaround time to better meet customer and internal expectations.   
    • Manages WSO database and data integrity. Ensures all transactions are documented and set-up according to procedure
    • Handles KYC, AML and other procedures necessary for BDCs, CLOs and other funds Support the Controls process for OFS and Client funds
    • Performs ongoing training, review and communicates current or developing lending industry topics/concerns or standards.
    • Everest trade management entry and all trade panel review, along with any issue resolution related to trade activity.  Performs data fields review and updates/cleans up as needed 
    • Responsible for managing the Internal Controls process as it relates to Loan Administration for OFS Funds

    Non-essential Functions

    • Performs other special assignments as required.  

    Supervisory Responsbilities:

    • NONE

    Education/Experience Requirements: (including certification, licenses, etc

    • Bachelor’s Degree
    • 10+ years’ experience in loan processing, documentation, and administration, with demonstrable increase in responsibility over time
    • Minimum of three (3) years’ experience in capital markets and complex commercial loans 

    Knowledge, Skills, and Abilities:

    • Knowledge of commercial lending terminology. 
    • Strong knowledge of Microsoft Office such as Word, Excel.
    • Excel – VLOOKUP and Pivot Tables and modeling experience
    • Experience with Wall Street Office or similar loan platforms
    MATHEMATICAL SKILL REQUIREMENTS:
    • Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
    • Ability to calculate figures and amounts such as discounts / premiums, interest, commissions, percentages
    • In depth knowledge of commercial lending and necessary financial reporting 

    Performance Metrics:

    • Accuracy and timeliness of work product
    • Compliance with company and departmental policies and procedures
    • Demonstration of appropriate judgment and decision making in resolving issues which arise.
    • Demonstrated ownership in completing essential tasks and assignments. 
    #LI-EB1

    CIM does not accept unsolicited resumes from Agencies.  Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid.  If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.
    Apply Now
EQUAL OPPORTUNITY EMPLOYER

OFS Capital Management is an equal opportunity employer that invites all individuals regardless of age, gender, race, national origin, sexual orientation, gender identity, disability, or other classification to maximize his or her full potential as part of its team.

OFS Mission Statement