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BNY

Safeguards and moves assets for investors

Vice President, Loan Agency, Deal Closing

Retail & Commercial BankingUpdated on Nov 12
Full-timeHouston, TX, USA$69k - $167k

About the Job

Requirements

  • A bachelor's degree or an equivalent combination of education and experience is required.
  • Five to seven years of directly related experience with syndicated loans and/or comparable commercial lending is required, including demonstrated experience with loan closing, transaction onboarding, and complex syndicated loan structures.
  • Strong knowledge of syndicated and bilateral loan structures and closing processes is required.
  • Ability to read, interpret, and apply complex commercial credit agreements and related transaction documentation in support of loan closings is required.
  • Ability to manage multiple transactions and priorities and work effectively across organizational groups is required.
  • Prior experience acting as a subject matter expert and coordinating the work of others is required.
  • Ability to lead, provide guidance, exercise sound judgment, and work under limited supervision is required.

Responsibilities

  • Lead and coordinate the closing and onboarding of complex syndicated and bilateral loan transactions, ensuring transactions are accurately established and operationally ready for handoff to the servicing team.
  • Review and interpret complex commercial credit agreements, amendments, fee letters, and other transaction documentation to identify key deal terms and operational requirements necessary to support closing and onboarding.
  • Coordinate closing activities with internal and external stakeholders, serving as a primary point of contact to address closing-related questions, resolve issues, and facilitate timely transaction execution.
  • Oversee the accurate setup of deals, facilities, lender positions, commitments, pricing, fees, and other applicable transaction terms within Loan IQ based on executed transaction documentation.
  • Apply in-depth knowledge of syndicated lending and Loan Agency processes to support complex deal structures and closing requirements.
  • Identify, investigate, and resolve complex closing and onboarding issues, including discrepancies involving transaction documentation, deal terms, system setup, or operational requirements.
  • Manage multiple transactions and competing closing deadlines while maintaining accuracy and adherence to established controls and procedures.
  • Coordinate the effective transition of completed transactions to the appropriate servicing team following closing and onboarding.
  • Provide technical guidance and operational support to junior-level staff on complex loan structures, transaction documentation, Loan IQ functionality, and closing processes.
  • May allocate or coordinate work across a team or project and serve as a subject matter expert for complex syndicated loan transactions and closing activities.

Desired Qualifications

  • Seven to twelve years of total work experience is preferred.
  • Experience with Loan IQ is strongly preferred.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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