Structured Loans Closer

Permanent contract|Jersey City|Corporate & Investment banking

Structured Loans Closer

Jersey City, United States Permanent contract Corporate & Investment banking


Base Salary Range: $54,000 - $145,000 
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

Global Banking and Advisory (GLBA) combines a recognized wholesale coverage with world-class product, financing, and advisory expertise within one team, enabling us to best support our clients.

On the one hand: a transversal, product-neutral Coverage teams spanning all businesses, who's role is to promote the Bank's products and services to our clients globally.

On the other: a world-class capital raising, financing and advisory expertise organized under five business divisions:

  • Investment Banking Division (IBD) 
  • Asset Finance (AFI)
  • Natural Resources and Infrastructure (NAT)
  • Asset Backed Products (ABP)
  • Syndication (SYN)

Central to supporting GLBA’s Front Officers, the Loan Closing Team, part of the Global Business Service Unit, analyzes legal documentation, models deal in the information system (LoanIQ) and ultimately closes deals across the various businesses described in the above for the New York branch of SOCIETE GENERALE. As an individual contributor, the Structured Loans Closer will have the following responsibilities:

  • 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 LoanIQ – ensure accuracy of system information (accurately reflects structure of deal)
  • Coordinate initial funding requirements including verification of standard settlement instructions (SSI).
  • 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.
  • Ensure data quality; review, investigate and resolve all anomalies.
  • Complete special projects as assigned.

Profile required

Required/Must have:

  • Minimum 5 - 7 years overall commercial lending experience
  • Extensive Credit documentation knowledge
  • Hands-on experience with the LoanIQ application in a Commercial Loan Closing capacity
  • Deal amendments processing
  • Collateral management
  • Strong capability to act as a change agent
  • Rigorous attention to detail with a control-oriented mindset
  • Strong organizational skills and ability to multi-task with minimal follow-up
  • Self-confidence and ambition for growth


  • BS/BA – Finance/Economics
  • Credit Risk background helpful; Basel 2/RWA experiences also a plus.
  • Effective writing and project management skills 
  • Six Sigma Certification 

Business insight

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

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, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000WRL
Starting date: 2023/01/23
Publication date: 2022/11/21