Job DescriptionThe incumbent is responsible for all aspects of closing and managing a portfolio of moderately to high complex lead agent and member syndicated transactions. The position supports the strategic goals of credit management through loan distribution, and the incumbent will have responsibility for managing the reputation and operational risk associated with these transactions. Incumbent will negotiate loan agreements; communicate with investors, business partners and counsel; enforce risk controls; maintain data governance and comply with appropriate policies, procedures, laws and regulations.
Additional responsibilities include:
- Perform a qualitative review of syndicated loan agreements (including CRE and Construction Loan agreements) and related documents for compliance with the loan approval, adherence to policies and regulations and to mitigate operational and reputation risk.
- Effectively manage, as Administrative Agent, the investors by ensuring timely, proper and effective communication utilizing market standard processes (SyndTrak , etc)
- Book, fund and manage distribution of assigned transactions within the Bank's loan accounting and/or loan trading systems.
- Ensure the highest-level data quality, including all financial data, for assigned portfolio.
- Interact with all Business Lines to provide seamless execution of closings
- Resource to junior level colleagues with process and procedures. May act as proxy for the Team Leader in team leaders' absence or meeting conflicts
Qualifications
- 5+ years experience in the closing and/or administration of lead agent syndicated transactions required
- Subject matter expert for understanding and managing the closing and administrative needs associated with complex syndicated transactions and trading assets
- Proven success in all facets of the syndicated loan process, including operational systems, financial, regulatory, accounting and customer service.
- Details are oriented to maintain high degree of accuracy in execution and data quality
- Comprehensive analytical ability to facilitate complex problem resolution
- Well developed written and verbal communication skills
- Adept at PC and mainframe applications
- End-to-end onboard booking experience requires, within the LoanIQ system preferred
Education: Bachelor's degree preferred
Hours and Schedule:
Hours: 40
Schedule: Monday-Friday 8-5
In Office: 4 days a week
