What are the responsibilities and job description for the Project Finance Agency Services VP position at Taurus Search?
My client is an international bank and is seeking a VP-level candidate to join their agency functions for a portfolio of project finance transactions
Key Responsibilities:
- Facilitate lender coordination as an agent according to the financing agreements, handling amendments, consents, waivers, and situations involving restructurings or workouts.
- Deliver timely service to both customers and lenders.
- Review preconditions for funding disbursements and repayments within the transaction portfolio.
- Share necessary reports and transaction details with deal participants.
- Communicate effectively with sponsors, borrowers, lawyers, consultants, and others involved.
- Maintain and develop relationships with other banks and borrowers involved in transactions.
- Assign agency role coverage among team members.
- Develop and implement best practices for agency functions.
- Review loan documents from an agency perspective before finalization.
- Maintain proper records of agency files, legal agreements, and other key documents.
- Manage KYC and client onboarding requirements.
- Coordinate administrative tasks with relevant departments.
- Handle additional work-related duties as assigned.
Job Qualifications:
- Must be eligible to work in the U.S.
- Bachelor’s degree in Finance, Economics, Accounting, or Business Administration (Master’s or advanced degree preferred).
- 5 years in Agency Services or Portfolio Management, focusing on Project Finance.
- Proficient in reading and understanding loan agreements.
