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Syndications Portfolio Manager - NYC, NY
New York, NY
Job Description
The Syndications Portfolio Manager will be responsible for the operational lifecycle and management of the Bank's corporate loans portfolio. This includes origination/loan deal closing, primary syndication, loan servicing, amendments, restructurings, compliance certificates, waivers and terminations.
Responsibilities include but are not limited to:
- Manage complex and diverse portfolio of corporate loan deals and ensure all activities are processed timely and accurately. Process Agent Bank requests in a timely manner on system of record.
- Manage syndication (agent and non-agent) funding efforts to ensure the bank meets funding deadline and operates within the boundaries of bank policy and regulations relative to all loan types.
- Perform funding reviews for loan funding requests, provide Funding Notices and Member Bank Reallocations as applicable or required while working with Relationship Managers (RM's), and Loan Closers to correct documentation deficiencies prior to approving funding; funding loans via Wire Transfer, Draft or DDA deposit.
- Develop money movement strategies, including managing all incoming and outgoing wires while ensuring cash flows and wires adhere to internal policies.
- Understand and strive to meet or exceed processing metrics while providing consistent service to the Agent Banks, Relationship Managers, Syndicators, and high-profile borrowers by responding promptly to inquiries from internal business partners and external clients.
- Act as a liaison between business lines and lender banks by facilitating internal and external communication, as necessary. Provide administrative and operational loan support to Relationship Managers, Syndicators, and borrowers. Maintain consistent awareness of fluctuating interest rates and loan balances throughout the life of the loan.
- Ensure the accuracy of new and renewed critical loan documentation for compliance with bank policy and procedure as well as government regulatory responsibilities. Ensure file room standards and security of negotiable collateral under dual control procedures are followed and administer data room sites for lead syndications.
- Ensure that electronic files are kept in an organized, updated, and user-friendly structure with standardized naming conventions. Create and maintain templates, suggestg improvements and efficiencies where prudent and produce reports for internal use, external data sharing, submission to senior management and various auditors.
Required Skills:
- Detail oriented, high degree of accuracy with strong personal time management skills.
Client centric and able to effectively communicate both verbally and in writing. - Excellent interpersonal / customer service skills, attentiveness, information retention, tact and diplomacy in dealing with internal and external stakeholders. Ability to effectively present information and respond to questions.
- Ability to multi-task and work in a dynamic, fast-paced environment and under pressure as needed.
- Excellent analytical, math, credit, and administrative skills.
- Risk oriented and proactive with strong organizational skills.
- Technical aptitude with a drive to make processes more efficient and controls more robust through optimization and new technology (i.e., automation). Interested in digitalization and have an affinity with technology.
- Knowledge of credit underwriting, basic accounting, and loan documentation with an understanding of Operations, Financials and Market Risk.
- Proficient PC skills using Microsoft Word, Excel, and Outlook.
- Ability to manage account relationships.
- Ability to write reports and business correspondence.
Required Experience:
- High School diploma or GED.
- Minimum of 5 years account, relationship or portfolio management and/or credit underwriting experience.
Preferred Experience:
- Bachelor's degree. Syndications experience.
Exact compensation may vary based on skills, experience, and location.
$143,900.00
$260,700.00
Valley National Bank is an Equal Opportunity / Affirmative Action Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
$143,900.00-$260,700.00
Required Education
High School or Equivalent
Required Experience
5+ years
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