- SMBC Group
- $106,750.00 -169,860.00/year*
Financial Services - Insurance
120e E 48th St
The Credit Administration and Lending Limit Control (LLC) department administers all activities where SMBC is a lender in a syndicate and where SMBC is not the Administrative Agent in a deal. The LLC team primarily supports the US Corporate Loan & Operations Services Department and the group administers all activities related to the closing or amendment of a deal up to, but not including, the funding. LLC will primarily manage the booking (in LIQ) and the concurrent review of documents and credit applications related to all newly originated deals and amendments (in GBR), as well as review and process (in LIQ), any assignments or participations. This department ensures all credit lines and limits for new and amended credits are properly applied for and approved prior to booking and closing in LIQ. This role is based out of NY office in Midtown. Complete coordination, review, and system (Loan IQ) input of assigned new deals and amendments Ensure banks books accurately reflect the intentions of the credit agreement and credit approval Accurately process new drawdowns, paydowns, LC activities and fees for syndicated deals Provide our lending services to our customers and maintain accurate data Ensure all open documentation issues are reported, followed up on, and collected Coordinate daily closings with front office and Supervisor for managed portfolio Complete assigned projects generally to address workflow or business related matters Adhere to internal and external regulatory policies and procedures Communicate directly with customers, banks, and client executives Qualified candidates will: Be able to read and interpret credit agreements Support software processes Knowledge of LIQ required Ability to influence peers Key Competencies: Business/Product Knowledge Loan Administration Interpret credit agreements Communication Strong oral and written skills Builds relationships Problem Solving Quality of Work Leadership Initiative Team Player
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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