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
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