International Bank is seeking a senior director for their loan administration department.

The Loan Administration Director oversees loan transactions, staffing, projects, and deliverables within the Loan Administration Department. Loans under management include Syndicated Agency Loans, Syndicated Loans and Bilateral Loans. Main responsibilities include but are not limited to: (1) Ensuring accurate and timely loan transaction servicing (2) Overseeing the review and of loan documentation relating to the opening, servicing and closing of all loans transactions (3) Delivering and maintaining clear and updated lending policies and procedures (4) Enforcing strong controls to ensure data quality and efficiency of all transactions (4) Providing strong leadership, training and communication within the team to motivate and retain the staff (5) Leading effective communication with all key stakeholders in Front Office, Technology, Finance, Treasury, Regulatory Reporting and Audit (6) Delivering top tier customer service to all external and internal clients (7) Maintaining and promoting an efficient and scalable operating model aligning with industry best practices.

Key Duties and Responsibilities:
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• Manage all loan transactions in the Loan Administration Department comprised of Agency, Bilateral and Loan Syndication teams as follows: • Credit Agreement review and booking - Initial Loan Drawdown, including funding and settlement - Loan Rollovers and Interest payments - Loan Repayments • Fee Management • Commitment Management • Credit Application Limit Management • Communication with Borrower, Lenders and Agent Banks • Invoicing and Notices to Borrowers and Lenders related to Drawdown/ Rollover/ Repayment and Interest/ Fees • Loan System booking, controls and reconciliation • Exception and control report monitoring • Effectively manage all audits and close all required audit and risk issues in a timely manner • Provide leadership for all team projects and ensure timely completion. • Direct and manage the ACBS to Loan IQ conversion and migration process for the team. • Uphold professionalism, quality, and efficiency. • Implement and monitor internal controls to effectively minimize operational risk. • Oversee staff training and development programs, including performance management and career progression initiatives.

Requirements:

10 plus years in loan operations from a bank that has loan agency experience.

Excellent management skills, ability to manage a large staff

Salary $225-$250K

Stone Management

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