Job #: 1835
Title: Loan Administrator
Act as LAU representative in coordinating transactions between customers, Front office, Americas Treasury Division (ATD) and other parties
Manage the administrative aspect of all Agency and Bilateral New Deal Closings.
Calculating, invoicing and disbursing all deal related fees.
Coordinating movement of funds related to initial funding and closing.
Work closely with Borrower and Bank Group.
Report to Management, Supervisors and Account Officer all transactions that require special handling or approval.
Independently manage administrative processes for complex loan deals
Provide consultative support to Account Officers on operational deal structure issues
Review Document and Term Sheet / CA Booking Request in order to compare loan documentation to Credit Approval and ensure that the structure and content are identical; and to create or maintain Accurate Credit Arrangements in ACBS
Responsible for the daily maintenance of the commitment facilities including: monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepayments.
Calculate, invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective. This includes agency and amendment fees as well as all monthly and/or quarter end activity.
Maintaining and monitoring Fronting LC, Invoice Discounting and Risk Participations
Monitoring and distributing Financials when due
Interact with Treasury on rate settings for foreign currencies and USD loans
Responsible for verifying integrity of transaction
Accountable for ongoing quality, integrity and completion on all data
Reconcile statement to ledger entries
Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.
Two years of experience with the management of loan products.
Experience with loan operating systems: ACBS, G-Base
Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, and or Credit Derivatives, as necessary)