Syndicated Laon Transaction Specialist Job Listing at Valley Bank in Wayne, NJ (Job ID 24-1116)

Description

Responsibilities include but are not limited to:

• Act as the liaison and single point of contact with internal and external counterparts / stakeholders from deal mandate to deal closing, as well as being point of escalation during life of loan monitoring/servicing.
• Manage deal flow pipeline with Relationship Managers and leading the interaction with Loan Operations.
• Coordinate and review internal closing documentation with relevant stakeholders for operational feasibility, optimal execution mechanics, regulatory requirements, and mitigation of operational risk.
• Manage the execution and process flow of the transaction, including escalation of issues and designing solutions that ensure risks are covered through adequate controls and protections.
• Maintain metrics on deal closings / servicing and monitoring of key performance indicators.
• Partner with relevant operations teams (closing and servicing departments) to ensure proper booking, accrual reconciliations, and daily cash positions.
• Maintain and review terms across deal structures to ensure Valley standards are followed, track points of escalation, and act as the governance contact for non-standard provisions.
• Review and investigate overdrafts daily, to ensure resolution of any open items prior to the Bank's cut-off time.
• Monitor and update ticklers system for policy and document exceptions, insurance information, and financial data, to include contacting customers / CPAs / insurance companies for expired information.
• Follow-up on outstanding documentation exceptions on new loans. Assist with ad-hoc inquiries from Borrowers, Lenders, and Arrangers pertaining to the closing process and ongoing maintenance of the deal and schedule internal calls to ensure pre-closing requirements have been met and resolve / escalate any outstanding issues.