Commercial Loan Operations Manager - Syndicated Loans in Chicago, IL

$100K - $150K(Ladders Estimates)

Bank of Montreal   •  

Chicago, IL 60601

Industry: Finance & Insurance

  •  

Not Specified years

Posted 29 days ago

This job is no longer available.

Description

The Corporate & Commercial Loan Operations Manager has accountability for managing a team of up to 20 that provides mid office deal closing and portfolio monitoring support for bilateral and syndicated loans. Key responsibilities of the team include performing legal documentation review, facilitating deal closing process, structuring deal parameters on Loan IQ system, tracking legal and compliance documentation, and providing overall support on the assigned loan portfolio.

Qualifications

Knowledge and Skills

• University degree/college diploma or equivalent work experience

• 7 to 10 years of commercial lending operations experience

• 4 to 6 years of management experience

• Solid knowledge of standard desktop applications used by the business unit, knowledge of LoanIQ and/or ClearPar a plus.

• Advanced knowledge and understanding commercial loan documentation, commercial loan closing process, key processes and controls

• Advanced understanding operational risk and regulatory requirements

• Advanced knowledge of process and/or project management

• Advanced problem-solving, decision making, analytical and prioritization skills

• Advanced customer service and relationship management skills

• Advanced managerial leadership skills

• Advanced risk management skills

• Advanced planning skills (re finance, resource, input on strategy)

• Advanced conflict management/ resolution skills

• Advanced change leadership skills

• Strong facilitation/ presentation skills

• Advanced written and oral communication skills

Valid Through: 2019-10-17