Senior Associate- Fund Banking & Syndications

Signature Bank Melville , NY 11747

Posted 4 weeks ago

Senior Associate - Fund Banking & Syndications

Under limited supervision, performs loan servicing functions in connection with commercial loan funding and syndication transactions for Fund Banking and other group clients. Accountable for more complex administrative requests and activities including processing final closing and distribution of paid loans, preparation of payoff demand statements and maintenance, tracking and review of loan documents.

Primary responsibilities include:

  • Commercial loan funding and syndication loan servicing; quality control and funds transfer in accordance with established Bank polices and procedures

  • Acts as a subject matter expert and point of contact for associates while assisting Team Leader with review of loan procedures

  • Interacts with Lenders, Private Client Groups, and Lending Operations staff

  • Processes commercial loan payments, line of credit advances; prepares payoff demand statements

  • Prepares loan account maintenance and reconciliation reports, including risk rating changes

  • Department processes; assists team leader and manager with review of loan procedure

Qualifications:

  • Minimum of 5 years commercial loan processing in lending operations required

  • Bachelor's degree (BA, BS, BBA, etc.) from four-year college or university required

  • Commercial loan processing for Fund Banking, Syndications, and general lending operations in a Commercial bank environment preferred

  • ACBS experience helpful, proficient in Microsoft Office products including Excel

  • Fundamental knowledge of all commercial real estate and commercial & industrial lending with concentration in Fund Banking/Syndication

Employee Benefits:

  • Competitive BONUS program

  • Excellent health benefits with award winning wellness program

  • Tuition and gym reimbursement

  • 401K with company match

  • Pet Insurance

Join a winning team! Signature Bank has appeared on Forbes' Best Banks in America list for the ninth consecutive year in 2019.

Signature Bank, member FDIC, is a New York-based full-service commercial bank with private client offices throughout the New York metropolitan area. In 2018, the Bank expanded its footprint on the West Coast with the opening of its first full-service private client banking office in San Francisco. The Bank's growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services.

View available Careers with Signature at www.signatureny.com/careers

We are an Equal Opportunity Employer.

We do not sponsor work visas.


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Senior Associate- Fund Banking & Syndications

Signature Bank