Loan Operations (Loan Closing/ Loan Documentation)- Associate/Sr. Associate/Delivery Lead/Manag[...]

Acuity Knowledge Partners; Bengaluru Urban; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading financial services firm in Bengaluru is seeking a Loan Operations Associate/Sr. Associate. The candidate must have a minimum of 5 years of experience in commercial loan closing and management. Responsibilities include reviewing and negotiating loan documentation and ensuring compliance with requirements. This is a full-time position for mid-senior level candidates who possess strong communication and project management skills.

Qualifications

• Minimum 5 years’ experience in Commercial deal closing function.
• Excellent understanding of Loan Agreements and Security agreements.
• Hands-on experience in preparing and reviewing loan documentation.

Responsibilities

• Coordinate all aspects of Commercial Loan Closing Documentation.
• Review loan documents for compliance with lender requirements.
• Manage a pipeline of pending deals and prioritize accordingly.

Skills

Commercial Loan Documentation

Credit agreements

Legal documentation negotiation

ACBS/Loan IQ knowledge

Business communication

Education

Commerce Graduate / MBA (Finance)

Tools

Signature UI

Abrigo applications

Job description

Loan Operations (Loan Closing/ Loan Documentation)- Associate/Sr. Associate/Delivery Lead/Manager , Bangalore - US Shift (6:30pm to 3:30am IST)

Key Skills/ Responsibilities

• Review and coordinate all aspects of Commercial Loan Closing Documentation (Attorney prepared, Laser Pro prepared, Non-agented Deals & Agency deals)
• Understand complex loan structures and complex loan documentation (include large syndicated & Bilateral transactions)
• Review loan documents to ensure accuracy and compliance with Lender and Agency requirements
• Hands-on experience in preparing and reviewing Credit agreements, Guaranties, Flood, Collateral, Insurance & Tax documents
• Serve as primary liaison between Credit, Sales & Legal documents
• Interact with internal customers, collaborate with peers, colleagues and managers to resolve issues and achieve goals
• Understand and interpret the Bank’s credit approval document and any applicable credit write up
• Navigate the bank’s Commercial Loan Origination platform to access the required loan documents
• Onboard new clients to the Bank’s Client Onboarding application
• Onboard new, renewed, and modification credit actions to the Bank’s core system (ACBS/Loan IQ) to include Commercial, Corporate, Private Wealth, and Consumer lending actions
• Ability to translate key terms from commercial loan documentation (Credit Agreement, Promissory Note, etc) into the ACBS system of record
• Review and negotiate complex legal documentation, evaluate risks, devise strategies, mitigate documentation risk and identify procedural modifications
• Respond quickly to quality control deficiencies citing to correct any errors made in the documentation process
• Manage a pipeline of pending deals and prioritize accordingly and identify errors
• Understanding of Lending lifecycle with excellent understanding of Loan Agreements, Security agreements and other loan documents
• Minimum 5 years’ experience in Commercial deal closing function, closing document preparation and review across Bilateral & Syndicated Loans
• Excellent knowledge in ACBS/ Loan IQ/ AFS Loan Management Systems
• Hands on experience in Signature UI, Abrigo applications adds additional value
• Good Understanding of Term Loans, Credit Cards, ACH, etc
• Commerce Graduate / MBA (Finance)
• Good understanding of Project Management principles
• Excellent written and strong business communication skills to deal with a variety of stakeholders

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

Industries

• Financial Services and Investment Banking