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Syndicated Loan Operations Specialist

First National Bank
United States, North Carolina, Charlotte
Nov 07, 2024
Primary Office Location:626 Washington Place. Pittsburgh, Pennsylvania. 15219. Join our team. Make a difference - for us and for your future.

Position Title:Syndicated Loan Operations Specialist

Business Unit:Operations

Reports to:Manager of Syndicated Loan Operations

Position Overview:

This position is responsible to support FNB Agent and investor portfolio by processing daily loan transactions to include all loan closing activities, advances, payments, fees, wires, rate resets, rollovers, notifications, reconcilement, and research, while ensuring efficient execution. The incumbent is responsible to collaborate with internal stakeholders and external partners to facilitate syndicated transactions. This role is required to maintaining accurate account information, documentation and ensure compliance with regulatory requirements while managing financial and reputational risk.

Primary Responsibilities:

Assists in the end-to-end syndicated loan process to include, deal review, structure for operational soundness and regulatory compliance, doc review and input, administrative details, KYC, OFAC, BO. Works with internal partners, customer, investors, and outside counsel to facilitate and streamline loan closing, uploading of executed documents, oversee initial funding, and loan booking into core.

Ensures all information that is created and sent to investor banks accurately reflects pro-rata shares. Uses expertise with loan documentation and the appropriate application within the core system while maintaining all required electronic information is reconciled and stored accordingly within the shared files for FNB agented accounts serviced.

Supports FNB Agent portfolio syndication loan transactions daily. This includes but not limited to advances, payments, wires, rollovers, rate resets, L/C's, FX, and SWAPs based on established procedures and defined timelines. Ensures all functions meet compliance requirements, internal and external customer satisfaction and the timely recording of financial entries.

Supports complex investor transactions by ensuring required information received from agent banks are promptly and accurately acted upon. Leverages expertise in loan documentation and the appropriate application within the core system while maintaining all required electronic information is reconciled and stored accordingly within the shared files for FNB participated accounts serviced.

Fosters relationships with syndicate members, agent banks, and internal partners involved in syndicated loan processing through multiple channels all while ensuring effective communication. Supports a fast paced, manual environment with multiple variations of complexity all while embracing and cultivating peer collaboration.

Provide support, training, and assistance to junior team members, contributing to their professional development and growth.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

High School or GED

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

5

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent communication skills, both written and verbal

Excellent customer service skills

Excellent organizational, analytical and interpersonal skills

Detail-oriented

Ability to work and multi-task in a fast paced environment

Ability to use general office equipment

Ability to use a personal computer and job-related software

MS Excel - Intermediate Level

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A

Equal Employment Opportunity (EEO):

It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.

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