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Loan Servicing Operations - Syndicated Loans

Hybrid
  • New York, New York, United States
Post Trade Services

Job description

Loan Servicing Operations – Syndicated Loans

Location: New York


We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank as part of our Post Trade Services Team in New York. You will be part of a fast-paced Loan Servicing team, communicating with multiple teams internally and externally. We seek someone with experience across the syndicated loan lifecycle and prior use of Loan IQ.


Job requirements

  • Review credit documentation and extrapolate the required information to capture the deal correctly.
  • Deal capture and monitoring of covenants.
  • Set up and maintain customer records, including administrative details and payment instructions.
  • Track commitment limits and expiration dates.
  • Process borrowing and payment requests, arrange for funding/ break funding, set rates, and renew maturing loan contracts.
  • Confirmation of rate and margin changes
  • Calculation and billing of commitment, unutilized letters of credit, and agency fees
  • Coordinate with deal closers on assigned deals.
  • Timely collation of Financial Statements and Compliance certificates
  • Monitor daily cash flows and reconcile breaks in suspense accounts.


Required Experience:

  • Strong understanding of origination and syndicated loan lifecycle
  • Proficiency with Loan IQ
  • Experience with Debt Domain and Clearpar
  • Experience with credit agreements and other loan-related documentation.


Qualification and Skills:

  • Bachelor's degree or equivalent
  • 2-6 years of relevant loan agency experience
  • Ability to work in a fast-paced environment.
  • Strong communication skills
  • Advanced Excel skills
  • Attention to detail


How We Work:

Delta Capita is an equal-opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and expression, veteran status, genetic information, or any other status protected by applicable law.


We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. If you require any reasonable adjustments during your interview, please use the designated space within the application questionnaire.


As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you. For this role, a valid work authorization from the US is mandatory.


Expectations Regarding Hybrid Working:

As a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the client's offices or our own offices, depending on the client) aligns with our client's policies and expectations, and these vary. Most of our clients now require a minimum of 3 days per week in the office, two days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. For this initial role, the client needs the candidate to be in a minimum of 3 days a week. We require candidates to be flexible to meet our client's demands.


Salary Ranges:


Associate: $70,000-$90,000

AVP: $90,000-$125,000

Who We Are:

Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain, providing technology-based mutualized services for financial institutions for non-differentiating services.

  • Managed Services
  • Resource Augmentation
  • Consulting
  • Technology

To learn more about Delta Capita and our culture, click here: Working at DC - Delta Capita.


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