Syndication Loans Associate

Valley Bank; New York (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Valley Bank is seeking a Syndication Loans Associate to work with the Head of Loan Syndications. This role involves arranging and executing club syndicated lending transactions, engaging with borrowers and financial institutions.

Key qualifications include negotiation skills, financial services experience, and a degree in a business-related field. The position offers an opportunity to contribute to the growth of the bank while working closely with a team in a dynamic environment.

Qualifications

• Minimum of three years of CRE and/or C-I lending, syndication experience, or financial services experience.
• Formal credit training is preferred.
• Finra 7/79 and NASAA 63 licenses may need to be obtained.

Responsibilities

• Support the syndicated lending team in various aspects of business.
• Assist in preparing marketing materials for transactions.
• Communicate with clients and identify industry trends.
• Assist in risk assessment and exposure levels management.

Skills

Negotiation skills

Leadership and collaboration skills

Communication skills (written and verbal)

Time management skills

Microsoft Suite proficiency

Interpersonal skills

Presentation skills

Education

Bachelor’s degree in a business-related field

High-school diploma or equivalent

Job description

At Valley Bank, we believe in people’s growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we’ve been the Bank that clients from every industry turn to for our expertise, strategies, and advice—building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth—with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we’re all driven by an ambition that goes deeper than just having a job. That’s why when you work for us, we make it our goal to help you focus on what drives you—working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we’re a relationship bank built for growth, that isn’t just reserved for our clients—that includes all our associates as well.

The Syndication Loans Associate will work directly with the Head of Loan Syndications and the rest of the Loan Syndications Group and will be responsible for arranging, structuring, negotiating, syndicating and otherwise executing club syndicated lending transactions. Through these efforts, this individual will help the team meet the credit exposure levels mandated by Credit Risk Management with respect to individual loans and affiliated group loans. This position will service the needs of the Bank’s commercial, industrial, specialty finance, and real estate related borrowers and dynamically engage with the financial institutions who are the buyers of the Bank’s loans.

Responsibilities

• Support the syndicated lending team in every aspect of the business and may work at selling down individual loans and affiliated group exposures that exceed the credit hold parameters as mandated by Credit Risk Management.
• Support the syndicated lending team on sell side syndications and support buy side opportunities when generated by the Loan Syndications Group or commercial lenders.
• Assist in the preparation of marketing materials for syndicated and participation transactions (Loan Sale Call Sheet, Teasers, projections, confidential information memoranda and bank meeting materials).
• Maintain deal site management activities through the Intralinks deal site and subfolders by populating and managing due diligence and reporting requirement information for loan participants.
• Support and communicate with clients. Identify and communicate syndication and participation industry trends and opportunities into internal colleague communications, activities and training.
• Assist in the due diligence, modeling, pitchbook packaging, distribution, and ongoing support of syndicated loan prospecting, lead, and purchase activities.
• Work with loan servicing department to ensure syndication and participation deals are correctly booked and captured on the Bank’s systems.
• Assist in the cross‑sell of VNB services, most specifically identifying opportunities and getting them to the right people and departments at the Bank. Assist in meeting or exceeding business plan objectives (revenue generation, internal and external marketing materials and investor build out).
• Help manage risk assessment and exposure levels to participant banks in cooperation with Credit Risk Management – Counterparty Risk, as it relates to active transactions that the associate is engaged with or assigned.
• Use third‑party systems contractually engaged by the Syndications department within the daily role and responsibilities.
• Work with specialist and bankers to draft and negotiate necessary credit documentation.

Other Responsibilities

• Comply with all regulations pertaining to BSA, USA PATRIOT ACT, and OFAC. Complete annual BSA training. Report suspicions of criminal activity or any attempt to avoid BSA reporting requirements on the part of customers or employees, to the AML/BSA Compliance Department. For supervisory positions, ensure BSA training requirements are completed by staff.
• Perform other job duties as deemed necessary by supervisor.

Required Skills

• Strong negotiation skills.
• Strong leadership and collaboration skills.
• Ability to handle multiple priorities simultaneously.
• Strong communication skills both written and verbal with all levels of employees and customers.
• Proficient in Microsoft Suite.
• Strong interpersonal skills needed to interact with commercial borrowers, participant banks and various bank partners and operations teams.
• Strong time management skills.
• Strong and effective presentation skills.

Required Experience

• High‑school diploma or equivalent and a minimum of three years of CRE and/or C‑I lending, syndication experience or financial services experience.
• Bachelor’s degree in a business‑related field (Business, Finance, Economics, Accounting) and/or formal credit training preferred.
• Finra 7/79 and NASAA 63 (training and licensing can occur after hire date preferred).