Job Description

Sr. Syndicated Loan Transaction Documentation Manager
JobDiva # 20-06822

Start your career in the Financial Services Industry. Eclaro is looking for an Sr. Syndicated Loan Transaction Documentation Manager 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 the documentation of syndicated loan transactions by performing deal reviews and negotiating with clients on draft documentation. Documentation may include lending agreements, security documents and any other related documents that are required within the structure
  • Business: The Transaction Management Group deliver professional Agency functions for Syndicated Loans. Working on a wide range of documentation with institutional investors, banks, insurance companies, governments and multinational corporations
  • Processes: Perform deal and structure review, negotiate with clients on draft documentation including lending agreements, security documents and any other related documents that are required within the structure. This review will need to be in accordance with the terms of the bank's policies and Loan Syndications and Trading Association standards
  • Liaise directly with the origination teams, external and internal legal counsel and customers to discuss documentation requirements from both a documentation and business perspective to advise those parties of our drafting requirements
  • Manage security trustee roles by reviewing the security documentation, security releases, intercreditor arrangements and any enforcement of security as instructed by the secured parties.
  • Management of the receipt and safekeeping of any original documentation within our original documentation procedures
  • Resolve documentation issues with the customers and the relationship managers in order to introduce suitable solutions for all parties through documentation amendment or waivers
  • Review and communicate all waiver and amendment requests within the client deadline by ensuring that we have acted in accordance with the documentation requirements. Manage all client requests with the secured creditors by ensuring that we have received the sufficient voting rights or supporting information before we arranging to execute any documentation changes
  • Prepare a deal summary, workflow diagrams and conduct a handover meeting with the appropriate administration team, ensuring any areas of risk or concern are highlighted
  • Facilitate transaction closings by ensuring that all conditions precedent and conditions subsequent have been satisfied within the documentation. Ensuring any additional conditions precedent or requirements for future drawings are discussed and highlighted to the appropriate administration teams
  • Stay up to date on market trends; share with the wider team and implement as appropriate

Preferred Skills:
  • Promote and embed a culture of inclusiveness, openness and trust
  • Role model the Banks valued behaviours
  • Develop and implement a personal growth plan in partnership with People Leader
  • Risk Management
    • Ensure draft document review is in accordance with the terms of the Bank's policies, Loan Syndications and Trading Association standards.
    • Proactively partner with Risk and Control teams to identify, mitigate and resolve risks
    • Maintain Department Operating Instructions
  • Governance: Syndication Product Programme and Loans & Agency supporting Addendum
  • Regulatory & Business Conduct
    • Display exemplary conduct and live by the client Values and Code of Conduct.
    • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across 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
    • Trade Finance
    • Commercial Real Estate
    • Transaction Banking
    • Relationship Managers
    • Borrowers and Lenders
    • Lenders Advisors
    • Finance
    • Operational Risk
    • Loan and Agency Operations

Qualifications:
  • Relevant market experience with a legal documentation and credit skills
  • Experience in Commercial Real Estate deals
  • Experience managing Account Bank roles
  • Experience in Emerging Markets, Operations and/or Credit Administration a plus
  • 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 Viterbo
anthony.viterbo@eclaro.com
6463571241
Tony Viterbo | 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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