Agency Loan Admin

The Agency Loan Administration Unit (LAU) AVP supports the Section Head in the Closing Team Section and is expected to be fully knowledgeable and skilled in all areas of closing and servicing syndicated and bilateral loan facilities. The AVP is responsible for ensuring accurate and timely execution of transactions, compliance with federal and state regulations as well as bank lending policies, while maintaining smooth department operations and delivering high-quality client service. The AVP assists in transaction approvals and training staff.

The AVP is responsible for overseeing new Agency deal closings where Bank serves as Administrative Agent, direct lender or participant. This includes providing expertise and guidance during pre-closing meetings, reviewing and providing comments on credit agreement and other closing documentation, coordinating funds flow, fee allocations and disbursement of funds and lender notification, and building deal in lending system. Attention to detail is imperative especially with complex transactions (i.e. Project Finance, Securitization, ABL, etc.).

The AVP will have exposure to and will handle various products such as ABL, equity fund finance and residential mortgage, as well as service Left Lead Institutional Term Loan B deals with frequent and multiple lender trades daily and/or weekly.

PRINCIPAL DUTIES AND RESPONSIBILITIES:
General Duties
Represent Bank in coordinating transactions among Borrowers, Lender Group, Agent Banks, Front office, Americas Treasury Division (ATD), Middle Office, CLM, Tax Ops and other parties
Manage the administrative aspect of all new deal closings
Calculate, invoice and disburse all deal related fees
Review Funds Flow and coordinate movement of funds related to initial funding and closing
Report to Management, Supervisors and Account Officer all transactions that require special handling or approval

Credit Arrangement Maintenance
Provide technical and consultative support to Loan Administration staff and account officers
Independently manage administrative processes for complex loan deals
Review legal documents and Facility Instruction Sheet to create and maintain accurate facility structures in ACBS

Commercial Loan Maintenance
Exercise restricted transaction approval authority
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
Monitor and distribute Financials when due
Coordinate 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

Reconciliation
Trouble-shoot deal management issues
Resolve discrepancies with Treasury on funding rates
Communicate with Borrowers and Lenders for all cash movement activities
Reconcile statement to ledger entries

Others
Participate in various short-term projects to maintain data integrity
Maintain filing and billing

Exception Duties (As requested by UH)
Perform periodic data integrity checks
Undertake special projects, and assume other duties, as assigned.

Compliance
Maintain a working knowledge of the applicable rules and regulations that govern the Bank. Seek guidance from the Americas Legal and Compliance Division, as needed. Adhere to the Bank's "Code of Conduct" and complete required annual compliance trainings

QUALIFICATIONS:

• Bachelor's degree required
• 7+ years or more of syndicated loans experience as Administrative Agent or Deal Closer at a major bank or financial institution
• Experience with loan operating systems: ACBS, LoanIQ
• Strong Excel skills preferred
• Ability to perform manual invoicing and calculations, with a strong understanding of interest and repayments, and identifying discrepancies
• Experience with specialized lending products (e.g. Term Loan B, Asset Securitization, Project Finance, Loan Trading, etc.)
• High attention to detail and accuracy
• Strong written and oral communication skills
• Strong organizational and problem-solving skills, and ability to work well under pressure
• Strong knowledge of wire transfer (FED, SWIFT)

Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.

Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit https://dexian.com/ to learn more.

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.