Overview
Senior National Recruiter, Finance and Professional Services at Dexian | Disys
The Loan Servicing Associate supports the largest and most sophisticated corporate loan transactions in the market. They primarily provide operational support to Debt Capital Markets on Term Loan B/institutional debt acting as the administrative agent. This position is responsible for providing loan servicing/administrative support (reconciliation/billing/payments) and has direct communication with borrowers, lenders and business partners.
Line of Business
Wholesale Lending Services
Wholesale Lending Services (WLS) is part of the Commercial Investment Bank providing lending servicing support to multiple business units across the firm and around the world. The operation provides loan documentation; closing and funding; payment and fee processing; syndication loan trade processing; credit administration; collateral perfection and management, customer service and reporting; and construction management.
Job Description
The Loan Servicing Associate supports the largest and most sophisticated corporate loan transactions in the market. They primarily provide operational support to Debt Capital Markets on Term Loan B/institutional debt acting as the administrative agent. This position is responsible for providing loan servicing/administrative support (reconciliation/billing/payments) and has direct communication with borrowers, lenders and business partners.
Responsibilities
- Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
- Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
- Reconcile daily funding and payment activity to account for all daily cash transactions
- Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
- Initiate and reconcile automated funds movement in accordance with client/lender instructions
- Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
- Maintenance of margin changes and proper communication to bank group
- Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
- Monitor control reports updating applicable comments
- Assist with any administrative tasks associated with the terms of a Credit Agreement
- Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
- Back up co-workers, work with various special projects or other tasks as assigned
Qualifications
- 1-3 years of experience in Financial Services (Loans, Credit), Legal or Business Consulting industry
- Experience reading and interpreting Syndicated Loan documentation or related experience supporting Syndicated Loans and using LoanIQ
- Excellent business maturity and experience dealing with corporate clients
- Experience with Microsoft Office (Outlook, Word, Excel, PowerPoint)
- Excellent written communication skills (will be communicating with senior level external contacts – professional email writing)
Soft Skills
- Ability to manage concurrent assignments in an effective, efficient and organized manner
- Ability to work independently within a team environment
- Excellent oral and written communications skills and strong interpersonal/client servicing skills
- Strong interpersonal/client servicing skills
- Strong analytical, problem solving and judgment skills
- Flexible working schedule with some overtime required
Nice-To-Have
- Knowledge or experience with Syndicated Loans
- Experience with LoanIQ
Dexian EEO Statement
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.
Seniority level
Employment type
Job function
- Finance, Analyst, and Accounting/Auditing
Industries
- Investment Banking, Capital Markets, and Financial Services
Inferred from the description for this job
- Medical insurance
- Vision insurance
- 401(k)
- Disability insurance