Loan Syndication AdministratorStart Application Job ID BIS-8083 CityEl Segundo StateCalifornia Exempt/Non ExemptExempt ShiftDay Work ScheduleMonday-Friday, 8-5
This position is responsible for administering and servicing syndicated and participated loan activity. Each administrator has complete responsibility for about 100 large Syndicated facilities handling everything from handling deal setup, collateral, guarantor, pricing, grid changes, advances, payments, fee computations and overall maintenance of the loans owned by the colleague. On Syndications that CNB originates, responsibilities include managing member bank and their share of fees, advances, payments and other loan information. Responsibilities include boarding all facilities in relation to syndications and participations, including but not limited to the commitments, notes, collateral and guarantors, ensuring loan packages meet regulatory requirements related to FIDICIA, audit, and bank policy, performing maintenance, calculations and adjustments on complex interest and fee accruals, establishing lead agent relationship with members and participants for terms on contract and verifying and funding all incoming funding requests from agent banks in a timely manner.
- *Minimum 5 years' experience handling Commercial Loan facilities -- boarding, maintenance, libor tranches, fee calculations, payments, advances etc.,
- *Minimum 2 years' experience with Syndications where CNB is a member working directly with the external agent bank.
- *Minimum 5 years' experience with Microsoft office suite ( word, excel, outlook etc.,)
Skills and Knowledge:
Solid understanding of foreign currencies, exchange rates, interest rates at other countries and international processing convention in handling loan funding's designated in foreign currency.
*Represents basic qualifications for the position. To be considered for this position you must at least meet the basic qualifications.
City National Bank is an Equal Opportunity/Affirmative Action Employer, Minorities/Females/Individuals with Disabilities/Veterans
Note: This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Note: Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed.Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled