Bank Loan Closer

Overview

• Manage and coordinate loan trade settlements, ensuring accuracy, compliance, and seamless execution of transactions.
• Collaborate with agents, counterparties, and internal teams to achieve settlement objectives efficiently.
• Prepare, review, and execute trade documents, including assignment agreements and funding memos.
• Monitor cash flows, ensuring effective communication between trustees and treasury departments.
• Support audits, bond settlements, and special projects to meet organizational goals.
• Contribute to procedural updates and process improvements to enhance operational efficiency.
• Navigate complex corporate structures and coordinate tax form requests as required.
• Maintain compliance with regulatory standards, including Know Your Customer (KYC) requirements.

Key Responsibilities & Duties

• Oversee settlement processes, ensuring accurate documentation and timely fund disbursement.
• Prepare and review legal documentation, including credit agreements and loan parameters.
• Coordinate with stakeholders to facilitate efficient settlement operations.
• Support audits and contribute to departmental initiatives and projects.
• Enhance operational efficiency through innovative solutions and industry expertise.
• Administer portfolio tasks, ensuring compliance and accuracy in daily operations.
• Monitor and coordinate cash flows between trustees and treasury teams effectively.
• Maintain high standards while managing multiple priorities in a fast-paced environment.

Job Requirements

• Bachelor’s degree in finance, business, or a related field is required.
• Minimum 1 year of experience in loan settlements; 3 years preferred.
• Proficiency in ClearPar and familiarity with LSTA trade documentation is advantageous.
• Advanced Microsoft Excel skills for effective data analysis and reporting.
• Knowledge of broadly syndicated loans and credit agreements is highly desirable.
• Strong analytical and critical thinking skills to address complex challenges.
• Ability to excel in an on-site, collaborative work environment while managing priorities.
• Enthusiastic about contributing to team success and driving operational excellence.