Syndicated Lending Account Associate at Dexian in Chicago, Illinois

Posted in Other about 18 hours ago.

Type: full-time





Job Description:

Client: Financial Services -Investment Banking

Title: Syndicated Lending Account Associate

Location: Chicago, IL

Hours: Business

Short Description:

Join a team that supports your career growth, advancement and expanding opportunities! We take pride in valuing our employees' individualities, while supporting an inclusive culture of teamwork.

Job Summary:

As the Syndicated Lending Account Associate you will support the largest and most sophisticated corporate loan transactions in the market. You primarily provide operational support for syndicated credit structures agented by the bank or bilateral loans extended to a borrower solely by the bank. This is a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.

Job Responsibilities:
  • Initiate loan activity and reconcile funds movement as instructed by the client in accordance with credit agreements
  • Track and calculate complex interest and fee accruals at various rate levels
  • Reconcile daily funding and payment activity to account for all daily cash transactions
  • Interpret complex legal credit agreements and related documentation
  • Manage and escalate past due principal, interest, and fees
  • Maintain accuracy within the loan accounting platform in order to provide timely invoices
  • Maintain margin changes and appropriate communication to participating external banking groups
  • Provide information as requested by clients, business partners, middle office, or lenders
  • Monitor exception reports and updating applicable comments
  • Review new deals, restructures, and amendments by also verifying system accuracy

Required Qualifications, Capabilities, and Skills:
  • Minimum 2yrs related industry experience and/or account management
  • Strong knowledge of Treasury bank funding fundamentals
  • 3-5 years of Loan/Lending Operations experience
  • Extensive knowledge of reading and interpreting syndicated credit agreements (pre/post-close)
  • Excellent oral and written communications skills along with strong interpersonal & client servicing skills
  • Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
  • Ability to manage concurrent assignments in an effective, efficient, and organized manner
  • Ability to work independently and partner well within a team environment
  • Strong analytical, problem solving and proven decision-making skills
  • Experience with reading and interpreting loan documentation

Preferred Qualifications, Capabilities, and Skills:
  • Bachelor's Degree
  • Knowledge and familiarity with managing a portfolio of 30+ multicurrency syndicated deals.
  • Understanding of Revolver and Term loan pricing options
  • Knowledge or familiarity with currency payments using SWIFT MT202's and MT103 payment formatting
  • LOANIQ experience
  • Knowledge navigating payments, reconciliation and exception management within JP Morgan proprietary platforms

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.
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