Loan Agency Administrator to $80K, Bonus Los Angeles

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Loan Agency Administrator

$70-80K Base, Bonus 15-30%

Full Relocation to L.A.

 

The loan agency administrator is responsible for assuring accurate recordkeeping and execution of all loan activities including: monitoring borrowing status, preparing new borrowings, rollovers, rate sets, conversions, repayments and prepayments.  This role will act as the primary contact/coordinator for clients, lenders and business partners for moderately complex syndicated credit transactions

Position Responsibilities:

·          Responsible for reviewing and negotiating administrative issues of Credit Agreements, calculating, invoicing and disbursing all deal related fees, coordinating movement of funds related to initial funding and closing, managing closings for Lenders coming in by assignment, and working closely with the Borrower and Bank Group as well as the Private Debt group internally.

·          Responsible for the daily maintenance of the commitment facilities including:

o        Calculation, invoicing and disbursement of ongoing interest and fee payments from a Borrower and/or Lender perspective. This includes agency and amendment fees as well all quarter end activity.

·          Responsible for seeing each transaction through assignments, waivers, consents, extension and amendments together with the Borrower, Participants, Legal Counsel and Credit Officer.

·          Act as a liaison between Borrowers and Investors ensuring compliance with the terms of the Credit Agreement

·          Work with internal trade closing group on settlement of secondary trades of new issue syndications.

 

 

 

 

 

Experience and Skills Required:

·         BS or BA in Finance or related discipline

·         Minimum two years of investment management operations experience, bank loan agency/syndication experience preferred               

·         Understands credit and syndication processes and the governing documentation including credit agreements and ancillary documents.

·         Demonstrates initiative with regard to increasing own knowledge and assuming additional responsibility.

·         Capable of effectively managing multiple, competing priorities in a portfolio of moderately complex deals while participating in other projects.

·         Critical thinker who can act with minimal supervision but seeks advice appropriately.

·         Strong fixed-income product knowledge, particularly bank loans, CLO’s, CDO’s variable rates securities

·         Hedge fund or private equity experience is a plus

 

Computer Skills:

·         Highly proficient in Microsoft Excel – knowledge of formulae a must (e.g.

·         “vlookup”)

·         Proficient in Microsoft Outlook, Word

·         Working knowledge of Microsoft Access or other databases a plus

·         Basic knowledge of Bloomberg

·         Knowledge of Thomson’s Portia system, Wall Street Office or CDO Suite is preferred

·         Working knowledge or Intralinks or Clearpar a plus

 

 

General Skills:

·         Extremely detail oriented with a proven track record for accuracy

·         Excellent verbal and written communication skills

·         Strong organization and time management skills

·         Team-oriented work ethic that includes willingness to help others

·         Ability to multi-task and work in a fast-paced environment

 

 

Email resume in Word to thebiggamehunter@cisny.com  ONLY IF YOU HAVE THE EXPERIENCE SOUGHT. Please include the job code with the position.

NO RELOCATION. NO VISA TRANSFERS. NO 3RD PARTIES. NO OVERSEAS RESUMES.

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