What are the responsibilities and job description for the Syndicated Loan Portfolio Manager #947805 position at Dexian?
Client: Financial Services
Title: Syndicated Loan Portfolio Manager
Location: 131 S Dearborn St, Chicago, IL 60603 (Onsite)
Job Summary:
You will support the largest and most sophisticated corporate loan transactions in the market. You primarily provide operational support for syndicated credit structures agented by the bank or bilateral loans extended to a borrower solely by the bank. This is a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.
Job Responsibilities:
- Initiate loan activity and reconcile funds movement as instructed by the client in accordance with credit agreements
- Track and calculate complex interest and fee accruals at various rate levels
- Reconcile daily funding and payment activity to account for all daily cash transactions
- Interpret complex legal credit agreements and related documentation
- Manage and escalate past due principal, interest, and fees
- Maintain accuracy within the loan accounting platform in order to provide timely invoices
- Maintain margin changes and appropriate communication to participating external banking groups
- Provide information as requested by clients, business partners, middle office, or lenders
- Monitor exception reports and updating applicable comments
- Review new deals, restructures, and amendments by also verifying system accuracy
Required Qualifications, Capabilities, and Skills:
- 3-5 years of Loan/Lending Operations experience
- Extensive knowledge of reading and interpreting syndicated credit agreements (pre/post-close)
- Excellent interpersonal and written/verbal communication skills
- Strong analytical thinker who can identify connections between various pieces of data and systems and quickly articulate client impact
- Ability to effectively multi-task and prioritize competing demands
- Ability to manage and autonomously resolve complex problems
- Strong organizational skills with the ability to function efficiently in a high volume, past-paced, deadline-oriented environment while maintaining service level agreements
- Highly motivated self-starter
- Exceptional customer service and communication skills
- Proficiency in Microsoft Office applications with strong Excel skills
- Experience with reading and interpreting loan documentation
Preferred Qualifications, Capabilities, and Skills:
- Bachelor’s Degree
- Knowledge and familiarity with managing a portfolio of 30 multicurrency syndicated deals.
- Understanding of Revolver and Term loan pricing options
- Knowledge or familiarity with currency payments using SWIFT MT202’s and MT103 payment formatting
- LOANIQ experience
- Knowledge navigating payments, reconciliation and exception management within proprietary platforms
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.
Salary : $58,000 - $68,000
