Wholesale Lending - Deal Closing Specialist

Dexian; Delaware; On-site; USD 60,000 - 80,000; Full time

Job summary

Dexian is seeking a Deal Closer responsible for the setup and funding of corporate syndicated loan transactions for Commercial Bank and Corporate & Investment Bank Clients. This role involves direct contact with attorneys, borrowers, and lenders to support the operational aspects of syndicated loan closings.

The ideal candidate will have 1-3 years of experience in financial services, particularly in loans or credit. Strong communication and organizational skills are essential, along with familiarity with Microsoft Office tools.

Qualifications

• 1-3 years of experience in Financial Services (Loans, Credit), Legal or Business Consulting industry.
• General accounting knowledge.
• Experience reading and interpreting loan documentation or related experience.

Responsibilities

• Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management.
• Manage the process of contacting investors and obtaining administrative information associated with new deals.
• Initiate initial funding on new deals and restructurings.

Skills

1-3 years of experience in Financial Services

General accounting knowledge

Experience reading and interpreting loan documentation

Experience with Microsoft Office

Exceptional communication skills

Experience working in team environment

Job description

Line of Business

Wholesale Lending Services

Wholesale Lending Services (WLS) is part of the Commercial 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

This position is responsible for the set-up and funding of corporate syndicated loan transactions for Commercial Bank and Corporate & Investment Bank Clients on the LoanIQ product processor. The Deal Closer has direct contact with attorneys, borrowers, lenders and internal middle and front office teams to support the operational aspects of a syndicated loan closing and funding.

• Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management
• Review legal documentation for operational feasibility
• Initiate systems set-up on all aspects of new deals, including lenders and borrower contact and account/funding details
• Manage the process of contacting investors and obtaining administrative information associated with new deals
• Initiate initial funding on new deals and restructurings; manage the funding process with corporate Treasury, syndicate lenders, etc.
• Process system changes for documented loan amendments and modifications
• Manage pipeline of assigned closing transactions with potential for multiple transactions closing in a single day
• Support adhoc projects, manager assigned tasks, etc.
• Support daily, weekly and month controls and metrics reporting

Qualifications

• 1-3 years of experience in Financial Services (Loans, Credit), Legal or Business Consulting industry
• General accounting knowledge
• Experience reading and interpreting loan documentation or related experience dealing with documentation
• Experience with Microsoft Office (Outlook, Word, Excel, PowerPoint)
• Exceptional communication skills (will be communicating with senior level external contacts – professional email writing)
• Experience working in team environment

Soft Skills

• Must be a team oriented individual.
• Must be highly organized with ability to manage a variety of tasks.
• Excellent communications skills.
• Strong analytical, problem solving and judgement skills

Nice-To-Have

• Commercial Banking experience
• Syndicated Loans experience
• LoanIQ experience

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.