Syndications Loan Closer

Syndications Loan Closer
Company:

Valley Bank



Job Function:

Finance

Details of the offer

We are seeking a detail-oriented and experienced Commercial Banking Syndications Loan Closer to join our team. This role involves managing the closing process of syndicated loans, and ensuring accurate manual calculations and data entry into the Integrated Banking System (IBS). Key Responsibilities: Oversee the loan closing process for syndicated and participated deals, ensuring compliance with the terms of the offer and credit agreements. Collaborate with the syndications team, borrowers, bank investors and internal partners to review proposals and prepare for closing. Create comprehensive closing spreadsheets and funding memos detailing all facilities, pricing structures, and participant information. Interpret complex credit agreements, including those with difficult pricing grids and swap derivatives, to structure deals accurately within IBS. Maintain a deep understanding of loan structuring and syndication product knowledge to manage a variety of pricing structures and grids manually. Qualifications: Proven experience in commercial banking loan syndications and closing processes. Strong ability to read and interpret credit agreements and related financial documents. Knowledge of swap derivatives and the ability to explain complex financial instruments to stakeholders. Proficiency in manual calculations and data entry with a high level of accuracy. Excellent communication skills to work effectively with syndications teams, borrowers, and internal committees. Adept at managing large dollar amounts and understanding the financial impact of various loan structures. Education: Required Experience: High School Diploma or GED. Minimum of 5 years commercial lending processing/closing experience. Preferred Experience: Knowledge of Syndication/Participation, Commercial Real Estate and C&I loan documentation. Minimum of 7 years commercial lending experience. Proven experience in commercial banking loan syndications and closing processes. Strong ability to read and interpret credit agreements and related financial documents. Knowledge of swap derivatives and the ability to explain complex financial instruments to stakeholders. Proficiency in manual calculations and data entry with a high level of accuracy. Excellent communication skills to work effectively with syndications teams, borrowers, and internal committees.


Source: Talent2_Ppc

Job Function:

Requirements

Syndications Loan Closer
Company:

Valley Bank



Job Function:

Finance

Senior Director, Financial Partnerships

Wyndham Hotels & Resorts is now seeking a Senior Director, Financial Partnerships to join our team at the Parsippany - 22 Sylvan Way location in Parsippany, ...


From Wyndham Hotels And Resorts, Inc. - New Jersey

Published 7 days ago

Technology Risk Advisor - Technology Risk - Audit - Fso - Manager - Multiple Positions - 1528922

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. At EY, you'll have the chan...


From Ernst & Young Advisory Services Sdn Bhd - New Jersey

Published 7 days ago

Cfo - Commercial Finance

Holman is a family-owned, global automotive services organization anchored by our deeply rooted core values and principles that have enabled us to continue D...


From Holman Enterprises - New Jersey

Published 6 days ago

Tax Senior Manager - Saddle Brook

Marcum LLP offers a great career with exceptional benefits. There's a lot to think about when it comes to launching your career. At Marcum, we offer you a w...


From Marcum Search Llc - New Jersey

Published 6 days ago

Built at: 2024-10-06T17:24:47.311Z