AVP - Syndicated Loan Administration

Gibel & Associates Inc.; New York (NY); Sur place; USD 100 000 - 120 000; Plein temps

Avantages offerts par ce poste

Annual Bonus

Excellent Base Salary Compensation

Benefits Package

Résumé du poste

A leading financial services firm seeks an experienced AVP for Syndicated Bank Loan Administration in New York. The candidate will be responsible for managing loan transactions, ensuring compliance with regulations, and providing leadership. A minimum of 7-10 years of related experience with syndicated loans is required. The position offers a competitive salary, annual bonuses, and a range of benefits.

Qualifications

• Minimum of 7-10 years of experience with syndicated or bilateral loan portfolios.
• Advanced understanding of loan administration functions.
• Experience with specialized lending products and compliance.

Responsabilités

• Coordinate transactions between all involved parties.
• Manage administration aspects of new deal closings.
• Review and approve traditional loan deals.

Connaissances

Loan administration

Customer relations

Problem-solving

Attention to detail

Organizational skills

Outils

LoanIQ

ACBS

Description du poste

Overview

Gibel & Associates Inc. seeks a AVP - Syndicated Bank Loan Administration for a leading Global Corporate and Investment Bank. The role supports the Agency / Bilateral Loan Administration portfolio, ensuring accurate and timely administration/servicing of the bank's agented loan portfolio, compliance with state and federal laws, regulations and bank lending policies, and providing leadership and training with a strong focus on customer relations and service. The candidate will assist in transaction approval as required, support a complex loan portfolio, and be knowledgeable in servicing syndicated and bilateral loan facilities. Experience with Agency deals as Administrative Agent or direct lender, reviewing closing documentation, coordinating funds flow, fee allocations and disbursement of funds, and building deals in lending systems is desired.

Base pay range

$100,000.00/yr - $120,000.00/yr

Additional compensation types

Annual Bonus

President - Recruiting at Gibel & Associates Inc.

Primary Responsibilities:

• Coordinate transactions between customers, Agent Banks, Participant banks, Front office, the Treasury Division and other parties.
• Manage the administration aspects of all New Deal Closings, calculating, invoicing, and disbursing all deal related fees, coordinating movement of funds related to initial funding and closing, and working closely with the Borrower and Bank Group, reporting to Management, Supervisors and Account Officer all transactions that require special handling or approval.
• Review, release and approve traditional loan deals, maintain high level of technical support to Loan Administration staff, account officers and client base, independently manage administrative processes for complex loan deals, provide consultative support to Account Officers on operational deal structure issues.
• Accountable for the review of the Document and Facility Instruction sheet / Credit Agreement Booking Request to compare loan documentation to Credit Approval and ensure that the structure and content are identical, and create or maintain accurate Credit Arrangements in ACBS.
• Responsible for the daily maintenance of the commitment facilities that include monitoring borrowing status, preparation of new borrowings, rollovers, rate sets, conversions, repayments, and prepayments and calculate, invoice and disburse ongoing interest and fee payments including agency and amendment fees, monthly and/or quarter end activity. Maintain and monitor Fronting LC, Invoice Discounting and Risk Participations. Monitor and distribute Financials when due and interact with Treasury on rate settings for foreign currencies and USD loans.
• Verify integrity of transaction, ongoing quality, integrity and completion on all data, trouble-shoot deal management related problems, communicate with treasury to confirm discrepancies in funding rates, and manage collateral requirements for credit deals and advise account officers on collateral shortfalls.

Desired Qualifications:

• A minimum of 7 -10 years of experience with the administration of a syndicated or bilateral loan portfolio and experience preferably with loan operating systems like LoanIQ or ACBS.
• Advanced understanding of all aspects of loan or deal administration functions (including all aspects of funding).
• Experienced with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary).
• Versed in collateral evaluation procedures and proficient in management of lending products.
• Knowledge of wire transfer (FED, CHIPS, SWIFT)
• Experience with compliance in a lending area, thorough, accurate and able to demonstrate attention to details with strong organizational skills, work well under pressure and identify and solve problems.

Additional notes: Excellent Base Salary Compensation, Bonus, and Benefits Our client has exhibited a strong growth record and global presence and remains committed to investing in its employees. EOE.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance, Accounting/Auditing, and Administrative
• Industries
• Banking, Capital Markets, and Financial Services

EOE.