Commercial Lending Account Manager

Client: Financial Services -Investment BankingTitle: Syndicated Lending Account ManagerLocation: Chicago, ILHours: BusinessShort 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 Manager 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 agreementsTrack and calculate complex interest and fee accruals at various rate levels Reconcile daily funding and payment activity to account for all daily cash transactionsInterpret complex legal credit agreements and related documentation Manage and escalate past due principal, interest, and feesMaintain accuracy within the loan accounting platform in order to provide timely invoicesMaintain margin changes and appropriate communication to participating external banking groupsProvide information as requested by clients, business partners, middle office, or lendersMonitor exception reports and updating applicable commentsReview new deals, restructures, and amendments by also verifying system accuracyRequired Qualifications, Capabilities, and Skills:Minimum 2yrs related industry experience and/or account managementStrong knowledge of Treasury bank funding fundamentals 3-5 years of Loan/Lending Operations experienceExtensive knowledge of reading and interpreting syndicated credit agreements (pre/post-close)Excellent oral and written communications skills along with strong interpersonal & client servicing skillsSolid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)Ability to manage concurrent assignments in an effective, efficient, and organized mannerAbility to work independently and partner well within a team environmentStrong analytical, problem solving and proven decision-making skillsExperience with reading and interpreting loan documentation Preferred Qualifications, Capabilities, and Skills:Bachelor's DegreeKnowledge 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 experienceKnowledge navigating payments, reconciliation and exception management within JP Morgan proprietary platformsDexian 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.

Created: 2025-01-14