$80K — $100K *
The Senior Syndications Account Manager partners with the specialty and wholesale lines of business RM’s and PM’s to fulfill syndicated and agented facilities where the Bank serves as the lead or agent. This individual is a part of the syndications deal team and takes ownership of the day-to-day relationship with the lender bank partners or clients after the initial closing. These facilities are extended to the Bank’s largest and highest value and require individuals with strong business acumen, poise under pressure, impeccable customer service skills and excellent analytical and problem-solving abilities.
This individual analyzes the credit agreement and makes independent decisions on how to accurately structure the loan(s) on the servicing system in order to correctly reflect the unique terms of each transaction. The account manager proactively drives the loan closing process by performing customer due diligence for regulatory compliance (KYC, OFAC, FDICIA), appraisal, flood determination, environmental, hazard insurance. Further the account manager displays a high level of proficiency in loan documentation using our internal platform or reviews documentation generated by outside counsel to ensure that it conforms to the terms of the agreement and to ensure that the Bank can meet all operating, regulatory and reporting requirements. This individual builds strong relationships with business partners throughout the organization and works closely with multiple parties including the relationship team, operational partners, the customer, internal or external counsel and other third party vendors to achieve a well-coordinated and timely closing.
The account manager manages the ongoing servicing of syndications originated in their assigned line of business. The account manager builds relationships with lender banks and clients and acts as a liaison between LOB’s and the lender banks and clients to ensure clear and timely communication and in a manner that reflects positively on the reputation of the Bank. The account manager develops money management strategies, including managing all incoming and outgoing wires and ensuring that cash flows and wires adhere to internal policies and that settlement occurs timely and accurately. The account manager facilitates the application of all payments and settlement across lender banks. The account manager performs all maintenance over the life of the loan, to include advances, payments, fee computations, modifications, prepayment penalties and ultimately payoff.
Essential Duties And Responsibilities
Responsibilities will include closing, boarding and servicing of all syndication facilities, including but not limited to the commitments, notes, collateral and guarantors, ensuring loan packages meet regulatory requirements related to FIDICIA, audit, and credit policy, performing maintenance, calculations and adjustments on complex interest and fee accruals, establishing lead agent relationship with members for terms on contract, verifying and funding all incoming funding requests from banks in a timely manner. Managing the day-to-day needs of the relationship post-closing.
Education and/or Work Experience Requirements:
Valid through: 9/28/2021