Truist Financial

Syndicated Loans Operations-Senior Agency Servicing specialist

Truist Financial$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Business, Accounting or related field, or equivalent work experience.
  • Extremely detail oriented with a proven track record of accuracy.
  • Excellent interpersonal, communication, organizational, and problem-solving skills.
  • Extensive knowledge of complex lending systems like AFS Vision, Loan IQ, SyndTrak, ClearPar, etc.
  • Ability to multi-task, prioritize, and thrive in a fast-paced environment.
  • Capable of interpreting complex legal documentation.
  • Intermediate to advanced proficiency with Microsoft Office Suite.
  • Effective both independently and in a team environment.

Responsibilities

  • Provide timely and accurate invoicing involving complex calculations.
  • Process loan and letter of credit activities accurately and promptly.
  • Analyze and resolve complex issues in line with Bank and industry standards.
  • Act as liaison between Borrowers and Lenders, managing competing priorities.
  • Communicate frequently with executive-level clients, including CFOs and CEOs.
  • Utilize product and system knowledge to creatively address non-routine problems.
  • Collaborate with Portfolio Management for Financials and Compliance documents coordination.
  • Reconcile control reports and monitor Key Risk Indicators.
  • Generate relevant reports and collate data for audits and amendment voting.
  • Review and approve cash and non-cash transactions for other agency staff.

Benefits

  • Eligible employees receive medical, dental, and vision insurance.
  • Life insurance and disability coverage are included.
  • Access to tax-preferred savings accounts and a 401k plan.
  • At least 10 days of vacation and 10 sick days per year, with paid holidays.
  • Potential eligibility for defined benefit pension plan, restricted stock units, and deferred compensation plan.
Full Job Description

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

This client-facing position provides operational support for Truist’s most sophisticated portfolio of agented syndicated deals as well as bilateral and participated deals originated across multiple business lines. This role constitutes serving as the primary operational point of contact across various internal and external business partners (Borrowers, Lenders, Internal and External Counsel, Credit Risk, Portfolio and Relationship Management Teams, etc.) for an assigned portfolio of clients. Ensures high quality service is administered for all internal and external clients while managing the service delivery framework and associated risks within the supported portfolios for a large, complex banking organization. Portfolios supported are ASG, ABL, CIB, CCB, Dealer Finance, CRE, and Wealth products

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time.  

1.    Responsible for providing timely and accurate principal, interest, and fee invoices which can often involve complex calculations and require intermediate to advanced accounting and product knowledge.
2.    Timely and accurate processing of all loan and letter of credit activity for assigned portfolio, including execution of payments (advances, principal, interest, fees, etc.).
3.    Analyze and resolve complex issues efficiently and effectively in accordance with Bank and industry standards.
4.    Serve as liaison between Borrower and Lenders. Able to balance competing priorities and meet tight deadlines in a fast-paced environment. 
5.    Interact daily with internal and external clients. Frequent communication with executive level clients; CFO’s, Treasury Directors, CEO’s, etc. 
6.    Apply product and system expertise and think creatively to address nuanced, non-routine problems.
7.    Partner with Portfolio Management for coordination & posting of Financials and Compliance documents to SyndTrak and monitor/update any required changes to applicable margins. 
8.    Reconcile control reports and engage leadership daily on Key Risk Indicators. 
9.    Generate reports/collate data for internal and external business partners to be used for amendment voting, Borrower and Lender audits, accrual/payment history, etc.  
10.    Thoroughly review and approve cash and non-cash transactions for other Agency staff members. Requires a comprehensive understanding of operational mechanics of various business lines and excellent attention to detail. 


QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1.    Bachelor’s degree in Business, Accounting or related field or equivalent combination of education and relevant work experience. 
2.    Extremely detail oriented with a proven track record of accuracy. 
3.    Excellent interpersonal, communication, organizational, and problem-solving skills.
4.    Extensive knowledge of complex lending systems such as: AFS Vision, Loan IQ, SyndTrak, ClearPar, Loan IQ reporting tools / IBM Cognos, etc.
5.    Able to multi-task, prioritize, and operate successfully in a fast-paced, high-pressure environment. 
6.    Able to navigate and interpret complex legal documentation.
7.    Intermediate to advanced proficiency with Microsoft Office Suite.
8.    Able to work effectively independently as well as in a team environment. 

Preferred Qualifications:
1.    3-5 years’ work experience in a client-facing role supporting syndicated loan operations. 
2.    Extensive knowledge of all aspects of the syndicated loan market. 
11.    3+ years’ relevant work experience within Loan IQ. 

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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