Job Description

Our multinational banking client is currently seeking a permanent Vice President, Loans Administration to join their growing team. The ideal candidate will have experience managing the operations of the department, including monitoring and maintaining the relevant credit information of each customer within the credit application platform. In this role they will be responsible for overseeing the operational processing and support to commercial lending, focused on monitoring and servicing commercial and business loan transactions that service a portfolio of Corporate participation and syndicated loans.

This is a hybrid position that offers a competitive rate and opportunities for growth and development. 

RESPONSIBILITIES: 

• Direct and lead a group of commercial loan servicing specialists; responsible for managing the workflow, day-to-day operations.
• Lead the analysis of complex deals and ensure that servicing requests are accurately processed, documentation requirements are satisfied and that loans are compliant with applicable regulations.
• Oversee the processing of rate changes, billing and payments, advances and maintenance activity related to execution of the loan agreement.
• Conduct and support department audits.
• Support the implementation and development of new product offerings / approvals and other regulatory and strategic business initiatives.
• Expert-level of understanding on all loan documentation and briefs, ensuring that the terms and conditions contained in the documents comply with the approved credit facility prior to the disbursement of funds and during the life of the loan.
• Coordinates with the Corporate Banking team regarding issues in applications, approval and documentation.
• Trains and coaches other loan administration staff on loan servicing, provides performance feedback and technical expertise. 

QUALIFICATIONS: 

• 10+ years previous related corporate banking lending experience, with at least 3 years of management experience. 
• Undergraduate degree in Finance, Accounting Economics or a comparable discipline is a ‘must’. Masters in a related field is strongly preferred. 
• Strong Loan accounting background
• Strong relevant product knowledge
• Ability to interpret credit agreements and related documentation.
• Functional experience managing processes and projects across multiple business and technical areas.