MSD Partners

About BDT & MSD Partners:

BDT & MSD Partners is a merchant bank with an advisory and investment platform built to serve the distinct needs of business owners and strategic, long-term investors. We are distinguished by our decades of experience advising at the intersection of founders, families, and businesses, as well as by our differentiated capital base and culture of aligned investing. Since 2010, our affiliated funds have deployed more than $50 billion across our investment strategies.

BDT & MSD Partners was established in 2023 through the combination of BDT & Company, the merchant bank to the closely held, founded in 2009 by Byron Trott, and MSD Partners, a premier investment firm that since 2009 has invested on behalf of Dell Technologies Founder Michael Dell, his family, and other like-minded investors.

Website: https://bdtmsd.com/

Business Title: Investment Operations Associate (Loan Closing) 

Department: Investment Operations

Reports to: Courtney Irwin

Location: New York, NY or Chicago, IL

Salary Range: $95,000 - $170,000

BDT & MSD is committed to providing its employees with career growth opportunities and a competitive total compensation package. Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience. The above range references only base salary and does not include any another type of compensation or benefits that may be available.

Job Type: Full-time, exempt

Scope:

The loan closing associate will primarily be responsible for managing the operational and logistical aspects of deal closings associated with privately negotiated loans. Responsibilities include monitoring the deal pipeline, reviewing closing statements/loan agreements, and preparing wires to fund deals at closing. Additionally, the candidate will be responsible for setup and maintenance of the firm’s privately negotiated loans across all databases/records systems both internal and external. The loan closing associate will be a critical member of the operations team developing strong working relationships across the investment teams, accounting, operations, and technology.

Primary Responsibilities:

• Manage operational and logistical responsibilities related to private loan deal closings, working hand in hand with the investment, legal, and tax teams.
• Liaise with the firm’s legal and tax team on proper entity creation, bank account setup and deal structuring.
• Review closing statements/loan agreements alongside the investment team, prepare/track wires to title/borrowers, ensure appropriate controls are followed in advance of deal funding.
• Manage data requirements associated with new investments ensuring proper setup across the firm’s various databases, including, but not limited to, the firm’s security master, order management system, internal, and external accounting systems.
• Work with the firm’s loan servicer and sub-administrators to ensure they are tracking the loan accurately and ensure interest is being calculated and paid correctly.
• Partner with the firm’s Operations and Technology teams to improve and automate various processes.
• Facilitate the implementation of process and procedure improvements focusing on UAT testing, collaboration with the firm’s development team and external vendors.

Qualifications:

• Basic Qualifications:
• 5+ years of financial services experience, within finance, treasury, or operations at a hedge fund, private equity firm, and/or venture capital firm. Real Estate loan experience is a plus.
• Desired Qualifications:
• Deep understanding of loans and associated legal documents.
• Motivated team player who can take on many roles supporting a lean team; ability to work independently, take initiative, and deliver results.
• Extremely organized individual with the ability to perform at a high-level within a fast paced, entrepreneurial culture with a focus on excellence.
• High attention to detail is a must.
• Superior communication skills and ability to articulate views in a clear and succinct manner.
• Systems experience a plus: Geneva, Markit WSO, MIK.

At BDT & MSD, we are committed to creating and prioritizing a diverse, equitable & inclusive work environment into all we do. We are focused on building a workplace that reflects a variety of backgrounds, experiences and perspectives, as well as fostering an inclusive and development-oriented culture. Our people are our most important asset. We believe that having a strong team of diverse, world-class talent is not only the right thing to do but also critical to every aspect of our collective success as a business.

BDT & MSD is an Equal Opportunity Employer.