Job Description
The Loan Administration Unit (Agency/Bilateral Loan Administration) AVP is responsible for assisting the Section Head in supervising the Agency / Bilateral Loan Administration Section; ensures accurate and timely administration / servicing of the Bank's agented loan portfolio; ensures daily activity comply with state and federal laws, regulations and Bank lending policies and procedures; ensures department activities run smoothly and efficiently; provides leadership, training and supervision within the department; and provides a high level of customer relations and service. The Loan Administration Unit (Agency/Bilateral Loan Administration) AVP help assist in transaction approval as required, support a complex loan portfolio, and is required to be fully knowledgeable and skilled in all areas of servicing syndicated and bilateral loan facilities.
LAU AVP is responsible for all phases of new Agency deal closing process wherein Banks role is as Administrative Agent or direct lender. This includes providing expertise and guidance during pre-closing meetings, reviewing and providing comments on credit agreement and other closing documentation, coordinating funds flow, fee allocations and disbursement of funds and lender notification, and building deal in lending system. Attention to detail is imperative especially with complex transactions (i.e Project Finance, Securitization, ABL, etc).
LAU AVP will have exposure to various products such as ABL, equity fund finance and residential mortgage, and Term Loan B.
PRINCIPLE DUTIES AND RESPONSIBILITIES: General Duties
Act as Banks LAU representative in coordinating transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other parties
Manage the administrative aspect of all New Deal Closings
Calculating, invoicing and disbursing all deal related fees
Coordinating movement of funds related to initial funding and closing
Work closely with Borrower and Bank Group
Report to Management, Supervisors and Account Officer all transactions that require special handling or approval
Credit Arrangement Maintenance
Review, release and approve traditional loan deals processed by administrators
Maintain high level of technical support to Loan Administration staff, account officers and client base
Independently manage administrative processes for complex loan deals
Provide consultative support to Account Officers on operational deal structure issues
Review Document and Facility Instruction Sheet / CA Booking Request in order to compare loan documentation to Credit Approval and ensure that the structure and content are identical; and to create or maintain Accurate Credit Arrangements in ACBS
Commercial Loan Maintenance
Restricted transaction approval authority
Responsible for the daily maintenance of the commitment facilities including: monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepayments
Calculate, invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective This includes agency and amendment fees as well as all monthly and/or quarter end activity
Maintaining and monitoring Fronting LC, Invoice Discounting and Risk Participations
Monitoring and distributing Financials when due
Interact with Treasury on rate settings for foreign currencies and USD loans
Responsible for verifying integrity of transaction
Accountable for ongoing quality, integrity and completion on all data
Reconciliation
Act as a trouble-shooter for deal management related problems
Communicate with treasury to confirm discrepancies in funding rates
Interact with customers for all cash movement activity
Reconcile statement to ledger entries
Others
Participate in various short-term projects to maintain data integrity
Maintain filing and billing
(Exception Duties (As requested by UH)
Independently manage all collateral requirements for credit deals
Advise Account officers of all collateral shortfalls
Perform periodic data integrity checks
Duties as assigned
Undertakes special projects, and assumes other duties, as assigned, completing such tasks on time.
Compliance
Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division. Attend Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank's "Code of Conduct".
Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.
QUALIFICATIONS:
Seven years or more of loan product experience as Administrative Agent
Experience with loan operating systems: ACBS, LoanIQ
Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary)
Experience with compliance in a lending area
Experience with collateral evaluation procedures
Proficient in management of lending products
Be thorough and accurate and demonstrate attention to details
Competent written and oral communications skills
Organizational skills and to work well under pressure
Ability to identify and solve problems
Strong knowledge of wire transfer (FED,CHIPS,SWIFT)
Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.
Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit to learn more.
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.
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