Job Description

Loan Agency Specialist
Job Number: 20-02728
 
Start your career in the Financial Services Industry. Eclaro is looking for a Loan Agency Specialist for our client in Newark, NJ.

Eclaro's client is a global bank with operations in consumer, corporate and institutional banking and treasury services across more than 70 countries worldwide. If you’re up to the challenge, then take a chance at this rewarding opportunity!
 
Responsibilities:
  • Strategy:
    • Manage portfolio of loan transactions from deal closing through to maturity; loan settlement; and ongoing administration of syndicated loans
  • Business:
    • The Loans & Agency Operations team deliver professional Agency functions for Syndicated Loans. Performing daily activities including but not limited to utilizations, repricing, fee settlement, third party assignments, monitoring and reconciliation of incoming and outgoing cash flows, Amendments / Waivers, Covenant and compliance distribution
  • Processes:
    • Act as the point of contact for Lenders and Borrowers
    • Processing drawdowns, rollovers, rate fixing, transfers, interest and principal payments for a varied portfolio of deals included leverage finance, real estate, club deals and others
    • Liaise with Relationship Managers in the review and negotiation of draft loan documentation from an operational perspective where the company is named as Facility Agent and Security Agent
    • Manage the funding process for new transactions, ensure system set-up and new deal checks are completed
    • Manage the workflow for secondary market transfers, including signing transfer certificates, collecting transfer fees, updating loan systems
    • Prepare deal summary document for each transaction highlighting deal specific nuances
    • Partner with Front Office, Internal and external Legal teams, KYC on boarding and Finance
  • People and Talent:
    • Promote and embed a culture of inclusiveness, openness and trust
    • Role model the Banks valued behaviors
    • Develop and implement a personal growth plan in partnership with People Leader
  • Risk Management:
    • Proactively partner with Risk and Control teams to identify, mitigate and resolve risks
    • Maintain Department Operating Instructions
  • Regulatory & Business Conduct:
    • Display exemplary conduct and live by the Group's Values and Code of Conduct
    • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the client. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct
    • Support the Americas Loans and Agency team to achieve the outcomes set out in the Bank's Conduct Principles
    • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
  • Key Stakeholders:
    • Syndications team
    • Relationship Managers
    • Borrowers and Lenders
    • Finance
    • Operational Risk
 
Qualifications:
  • Minimum 5 years experience prior loan operations experience
  • Excellent verbal and written communication skills
  • Strong attention to detail
  • High level of accuracy
  • Demonstrated ability to problem solve
  • Ability to manage geographically dispersed and highly varied internal and external stakeholder base
  • Ability to thrive in a high pressure environment
  • Exemplary integrity, ethics, and resilience
  • Ability to apply experience and judgment to plan and accomplish priorities
 
If interested, you may contact:
Tony Clariza
Antonette.Clariza@eclaro.com
6463571247
Tony Clariza | LinkedIn
 
Equal Opportunity Employer:
Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

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