Position: Commercial Lending Specialist
About the Employer
Our client is a prominent global Fortune 500 IT solutions company specializing in delivering simple and scalable solutions to address complex business challenges. With a team of over 1500 professionals they provide technical and domain expertise across various platforms and industries to help enterprise companies improve productivity efficiency and optimize their technology investments.
Key Responsibilities
- Facilitate deal closing by conducting preclosing review of credit approval loan documents compliance legal documentation due diligence and funding & booking mechanics.
- Manage deal booking activities including legal documentation review structuring and updating deal parameters on Loan system to ensure compliance with credit and pricing requirements as well as bank policies and procedures.
- Oversee deal funding activities such as Fed wire payments for borrower funding legal fee payment fee distribution to the syndicate bank group etc.
- Perform quality review of the loan setup in the Loan system interpreting legal loan and compliance documentation including credit agreement.
- Handle deal servicing activities including processing loan funding rollovers interest rate changes monitoring/reconciling loan loan billing letters of credit loan payoffs collateral releases and supporting client requests.
- Engage in secondary loan trading by trading loan via assignment on the term loan facilities revolving credit facilities etc.
Location
Hyderabad Chennai
Notice Period
Immediate to 30 days only
Requirements
Requirements:
- Minimum of 212 years experience in commercial loan operations or a credit/lending experience within capital markets/Investment banking depending on the levels
- Knowledge of commercial loan documentation. Ability to review commercial loan documents such as loan/credit agreement syndicated agreement intent notices notes guaranties letter of credit financial documents and security documents for accuracy and agreement with approved terms
- Knowledge of commercial credit products
- Knowledge of credit and commercial loan systems
- Good verbal written and organizational skills
- Detailoriented with the ability to multitask and prioritize and work in a teambased environment
Facilitate deal closing by conducting pre-closing review of credit approval, loan documents, compliance, legal documentation, due diligence, and funding & booking mechanics. Manage deal booking activities including legal documentation review, structuring and updating deal parameters on Loan system to ensure compliance with credit and pricing requirements as well as bank policies and procedures. Oversee deal funding activities such as Fed wire payments for borrower funding, legal fee payment, fee distribution to the syndicate bank group, etc. Perform quality review of the loan setup in the Loan system, interpreting legal, loan, and compliance documentation including credit agreement. Handle deal servicing activities including processing loan funding, roll-overs, interest rate changes, monitoring/reconciling loan, loan billing, letters of credit, loan payoffs, collateral releases, and supporting client requests. Engage in secondary loan trading by trading loan via assignment on the term loan facilities, revolving credit facilities, etc.
Education
Any graduate or post graduate