Syndicated Loan Servicing Professional
About the position
Responsibilities
• Provide deal origination and execution support to Asset Based Lending (ABL) deal teams as the primary loan servicing contact for internal/external clients for issues and resolutions.
• Administer excellence in the customer experience for both internal and external customers.
• Provide feedback to deal structuring team on operational market trends and any operational feasibility.
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable.
• Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy.
• Oversee loan activity (funding, re-pricings, payments) as instructed by the client in accordance with credit agreements.
• Calculate and track 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, initiate and reconcile automated funds movement, monitor and escalate past due principal, interest, & fees.
Requirements
• 5 or more years of Commercial or Asset Based Lending operations experience.
• 3 or more years of demonstrated exceptional Client Service experience.
• Knowledge of reading and interpreting syndicated or bilateral credit pre/post-close agreements.
• Excellent Written/Verbal Communication skills.
• Proven ability to collaborate with multiple stakeholders.
• Strong Analytical Thinker who can identify connections between various pieces of data and systems while quickly articulating client impact.
• Strong Organizational skills with ability to function efficiently in a high volume, fast-paced, deadline-oriented environment while maintaining service level agreements.
• Proficient in Microsoft Office applications with strong Excel skills.
• Highly motivated self-starter.
Nice-to-haves
• Thorough understanding of how ABL Treasury Products work such as Cash Dominion, Sweeps and Operating account work.
• Loan IQ experience.
Benefits
• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching
Apply Now
Apply Now
Responsibilities
• Provide deal origination and execution support to Asset Based Lending (ABL) deal teams as the primary loan servicing contact for internal/external clients for issues and resolutions.
• Administer excellence in the customer experience for both internal and external customers.
• Provide feedback to deal structuring team on operational market trends and any operational feasibility.
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable.
• Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy.
• Oversee loan activity (funding, re-pricings, payments) as instructed by the client in accordance with credit agreements.
• Calculate and track 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, initiate and reconcile automated funds movement, monitor and escalate past due principal, interest, & fees.
Requirements
• 5 or more years of Commercial or Asset Based Lending operations experience.
• 3 or more years of demonstrated exceptional Client Service experience.
• Knowledge of reading and interpreting syndicated or bilateral credit pre/post-close agreements.
• Excellent Written/Verbal Communication skills.
• Proven ability to collaborate with multiple stakeholders.
• Strong Analytical Thinker who can identify connections between various pieces of data and systems while quickly articulating client impact.
• Strong Organizational skills with ability to function efficiently in a high volume, fast-paced, deadline-oriented environment while maintaining service level agreements.
• Proficient in Microsoft Office applications with strong Excel skills.
• Highly motivated self-starter.
Nice-to-haves
• Thorough understanding of how ABL Treasury Products work such as Cash Dominion, Sweeps and Operating account work.
• Loan IQ experience.
Benefits
• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching
Apply Now
Apply Now