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In-House
Legal Staff
Finance - Banking
Min 5 yrs required
Commercial Loan Funder Closer II The candidate will be responsible for closing review, funding and daily operational activity for syndicated loan transactions denominated in USD and foreign currencies. Supports primarily syndicated loan transactions. Maintain current knowledge of all internal policies, procedures and training as well as external legislature and regulations. Act as liaison between LD&FC and the Line of Business including both relationship managers / client managers and underwriting, the Loan HUB, and other Operational areas within the bank. Process Loan Closings, Advances, Payments, and Maintenance Items – including Rollovers, Conversion, Margin Changes and Other Operational Transactions – as well as, Loan Closings, Renewals and Loan Modification on an on-going basis. Research and reconcile credit facility to agent bank’s records – include review of transaction and accrual history and recommend remediation / reconciliation action to the manager. Bachelor degree in Business Administration, Accounting or Legal Studies or an equivalent of 4 years of professional experience is essential. Must have 5+ years in corporate banking / syndicated loan documentation and closing. Should have 5+ years within a financial institution with extensive commercial experience in servicing corporate banking syndicated credits. Paralegal experience is a plus. Should have experience with LoanIQ and / or AFS Level III.
Job ID: 2018-112389
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