Accountable for managing a portfolio of deals via the booking of credit facilities (Agency, Participations, and Bi-laterals); ensuring timely and accurate deal close as prescribed by contractual agreement. Specific staff functions to be monitored include:
Review of credit application/approval and loan documentation in preparation for loan closings to ensure proper loan documentation for all facilities reflecting structure of deal as presented in credit application
Ensure compliance with credit approval and bank credit policy
Interaction with Loan Officers, Operations, customers, other banks, &/or legal counsel to gather all pertinent information in advance of loan closings
Set up and maintenance of customer, deal, and facility information in LIQ – ensure accuracy of system information (accurately reflects structure of deal)
Coordinate initial funding requirements including verification of standard settlement instructions (SSI).
Manage the settlement process for par and distressed loan trades
Experience in drafting trading documentation manually (trade confirmations, assignment agreements, funding memos, purchase and sale agreements, netting agreements, multilateral netting agreements and accession agreements.
Knowledge of the Clearpar platform
Experience in primary, secondary and third party trade settlement
Management of on-going covenants and compliance (collateral, document tracking, etc.); Update covenant compliance requirements as documents are received; prepare and distribute Covenant compliance reports..
Management and application of fees (upfront fees, agency fees, commitment fees, and facility fees) based on information provided by BU and accounting policy.
Management of the loan sales and trading activity (primary and secondary); processing of assignments and trade confirmations; calculation of delayed compensation; posting and retrieval of documents to IntraLinks and DebtDomain; and interaction with KYC groups.
Ensure data quality; review, investigate and resolve all anomalies.
Complete special projects as assigned.
We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.