eFinancialCareers

• Company

  Société Générale - US

• Location

  New York City, NY

• Compensation

  Commensurate with experience

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  23 Nov 2009

• eFC Ref no

  571807

The department is comprised of 2 main groups: the Closing team, responsible for the initial deal setup and any subsequent changes to the deal structure; the Servicing team, responsible for daily loan administration post closing (i.e. Notices, funding, interests & fee payments, etc.).

RESPONSIBILITIES

• Track approval process and scheduled closings for credit facilities.
• Review of credit application/approval and loan documentation in preparation for loan closings to ensure:

o Proper loan documentation for all facilities reflecting structure of deal as presented in credit application.

o Compliance with credit approval and bank credit policy.

o Elimination of potential operational &/or administrative issues.

• Responsible for credit administration process including:

o Acting as a liaison between Loan Officers and Loan Servicing to ensure proper functioning of accounts and loans.

o Interacting with Loan Officers, Operations, customers, other banks, &/or legal counsel to gather all pertinent information in advance of loan closings.

o Setting-up and maintenance of customer, deal, and facility information in LIQ ? ensure accuracy of system information (accurately reflects structure of deal).

o Monitoring covenant and compliance -Extract loan covenant and compliance information from loan documents and input requirements into Loan IQ (doc Tracking).

• Complete special projects as assigned.

TECHNICAL SKILLS

Required/Must have:

• Loan IQ, Microsoft word and Excel

COMPETENCIES

Required/Must have:

• Effective problem solving skills.
• Ability to work as a team player.
• Ability to effectively communicate (verbal and written).
• Good documentation skills.
• Detail-oriented.
• Strong analytical skills.
• Strong organizational, time-management, and multi-tasking skills

PRIOR WORK EXPERIENCE

Required/Must have:

• 3 -4 years relevant industry experience, specifically related to Deal Closings, restructures and amendments.

Desired/Plus:

• International banking experience
• Loan servicing experience

EDUCATION

Required/Must have:

Desired/Plus:

B.S.-Business Administration/Finance/Accounting.