Commercial Loan Closing Associate-Wholesale Lending

JobID: 210502219

Category: Lending Services

JobSchedule: Full time

Posted Date: 2024-03-19T18:56:11+00:00

JobShift: Day

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Join the firm that FORTUNE has named one of the top five "World's Most Admired Companies"

As a Commercial Loan Closing Associate in Deal Set Up and Funding, your primary focus will be supporting the facilitation of syndicated loans of Fortune 500 companies through the deal closing process to help ensure they reach their financial goals. While utilizing effective communication skills, it is important that you focus on partnerships between the front office, legal, transaction coordinators and the account servicing teams to deliver a first-class client experience.

Job Responsibilities

• Initiate collaboration across multiple teams to effectively interpret loan documentation for accurate processing of new deals

• Own coordination of principal and fee-related closing payments

• Maintain accountability for gathering all required documentation prior to deal closing while working with Transaction Coordinators and other partners

• Actively manage and prioritize a pipeline of assigned transactions

• Govern and reconcile exception reports related to recently closed transactions

• Analyze amendments made to existing agreements and/or deal structure characteristics and effectively communicate the changes to account managers

• Consistently provide accurate data while maintaining a low quality control error rate

Required Qualifications, Capabilities, and Skills

• 3 years of commercial loan closing experience, including reading and interpreting loan documentation OR strong Syndicated loan servicing experience

• Excellent oral and written communications skills

• Strong interpersonal & client contact and communications skills

• Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)

• Effective time management, organization and prioritization skills

• Ability to work independently within a team environment

• Strong analytical, problem solving and proven decision-making skills

• Self-motivated with a team-oriented mindset

• Strong organizational skills with the ability to effectively prioritize

Preferred Qualifications, Capabilities, and Skills

• Syndicated Loan experience
• LOAN IQ experience

Work schedule

• This hybrid role requires going into the office three days a week with two days' flexibility to work from home, subject to change

• This position is not eligible for H1B or Sponsorship