Hot Job of the Day
Agency Loan Operations , Assistant Vice President
MUFG is hiring an Assistant Vice President, Agency Loan Operations
Summary
The Assistant Vice President will be responsible for focusing on the resolution of complex transactions, where expertise is required to interpret against policies, guidelines or processes. The individual should be considered as a subject matter expert with the ability to support and address questions and transactions related to the Loan Agency space.
Responsibilities:
- Responsible for the day-to-day oversight of loan servicing transactions, ensuring that all lending transactions are followed and managed appropriately, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures.
- Act as main point of contact related to SOX testing, internal and external audit requests, issue escalation, etc.
- Minimize population of KRI’s, breaks, and exception items within the space.
- Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrade and replacement efforts, human capital discussions, etc. and ensure appropriate resource allocation, business requirements, SME knowledge, testing, and implementation.
- Design and implement departmental structural and procedural changes where necessary.
Qualifications:
- 3-5 years’ experience with Syndicated loans.
- Comprehensive knowledge of the Syndicated Loan Market, particularly the role of Administrative Agent. Prior LSTA or working group involvement a plus.
- In depth knowledge of market initiatives to streamline and automate settlement and servicing, including API integration with industry-standard platforms, FpML, Blockchain, DLT, OCR, Robotics/Automation.
- Understands market conventions for managing products across Syndicated & Commercial Lending Operations.
- Comfortable interacting with senior internal and external stakeholders, including the Bank’s Clients, Investors, other Agent Banks, Issuing Banks, Syndications, Front Office etc.
- Ability to analyze and streamline operational processes, improving productivity and efficiency.
- Knowledge of systems used to manage the Syndicated lending business: ACBS, Loan IQ, Clearpar, Syndtrak, Intralinks, Debt Domain.
The typical base pay range for this role is between $80K – $95K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
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