Role details

Syndicated Loan Administrator - US Corporate Loan, Agency

New York   •  Permanent

Bullet points

  • Market Leading International Investment Bank
  • Rapidly expanding Loan Group is seeking a Loan Administrator

About Our Client

Leading International Investment Bank

Job Description

  • Ability to interpret credit agreements and related documentation
  • Experienced in all varieties of loan servicing including agency services and funding responsibilities
  • Ability to manage a deal portfolio of 80-100 facilities
  • Understanding of all aspects of deal/loan administration functions and tasks
  • Experience with construction and amendment of bilateral and syndicated deal structures
  • Complete coordination, review, and LoanIQ input of assigned new deals and amendments daily, to ensure banks books accurately reflect the intentions of the credit agreement and credit approval.
  • Accurately process new drawdowns, paydowns, LC activities and fees daily for syndicated and bilateral deals to provide our lending services to our customers and maintain accurate data.
  • Ensure that past-due principal interest and fees are reported, followed up on, and ultimately collected daily to ensure all monies due and payable to the bank are collected and reconciled.
  • Coordinate daily funding requirements with Treasury Desk for managed loan portfolio daily to support Treasury Desk and its daily requirement to accurately manage its cash and funded positions.
  • Direct working knowledge of LoanIQ, specifically in the area of loan administration
  • Ability to construct bilateral and syndicated deal structures in LoanIQ including amending existing deal structures
  • Ability to construct fixed rate loans and manage airline lease transactions in LoanIQ
  • Able to trouble-shoot basic LoanIQ functional problems/issues
  • Basic knowledge of general ledger account structure and LoanIQ sub-ledger accounts
  • Working knowledge of Ad-Hoc Query and Ticklers

The Successful Applicant

  • Bachelor's Degree
  • Minimum of 2-7 years of experience in loan administration
  • Strong knowledge & experience with LoanIQ
  • Highly organized, detail-oriented, team-oriented
  • Strong communication skills, both written and verbal.
  • Experienced in communicating with external/internal customers
  • Experience interfacing with agent banks, relationship managers and treasury personnel
  • Strong Excel skills

What's on Offer

  • Competitive compensation package

Apply for this job

Click the Apply or LinkedIn button below or contact Davide Rosso quoting job reference 1097088
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