Role details

This position is now filled

Loan Documentation - Covenants, Control, LoanIQ, Syndicates

Jersey City   •  Permanent

Bullet points

  • Market Leading International Investment Bank
  • Rapidly Growing Loan Documentation Team

About Our Client

Market Leading International Investment Bank

Job Description

The Loan Documentation Business Control Analyst will work with Front Office Departments to assess loan documentation requirements, monitor receipt of deal documents, ensure safekeeping.

  • Documentation Assembly:
    • review loan agreement conditions on new deals and compose new deal document control sheet outlining expected major documents
    • handle circulation of document control sheets to Front Office personnel
  • Final documents:
    • assist with the review of final closing sets (comparing documents received against expected list); prepare control sheets and submit for safekeeping
  • Assist with follow-up of expected documents:
    • monitor receipt of closing sets, review and track documents not included
    • follow-up on expired UCC's Insurance Certificates, tax forms
  • Assist with the review and download of legal documents posted to group and personal mailboxes, preparation of control sheets, and submission for safekeeping
  • Maintain and update monthly status reports on tracking efforts, new deals, closing sets
  • Maintain department's legal file folders; shared drive folders; archive terminated deals
  • Assist on special projects as needed

The Successful Applicant

  • 5-10 years of relevant banking experience
  • Comprehensive experience and knowledge of corporate bank loan documentation
  • Strong understanding of loan agreements and terminology
  • Lotus Notes, Loan IQ, MS Word, Excel, Access

What's on Offer

Comprehensive Compensation Package;

  • Competitive Base Salary
  • Discretionary Annual Bonus
  • Pension Plan
  • Comprehensive Benefits Package