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Deal Set Up and Funding Analyst
2 months ago
Deal Set Up and Funding Analyst
Job Title: Deal Set Up and Funding Analyst
Location: Newark DE
Duration: 6 months of Contract
Rate: 28.97/ hr on W2
Description:
This position is responsible for the set-up and funding of corporate syndicated loan transactions for Commercial Bank and Corporate & Investment Bank Clients on the LoanIQ product processor. The Deal Closer has direct contact with attorneys, borrowers, lenders and internal middle and front office teams to support the operational aspects of a syndicated loan closing and funding.
Essential Responsibilities:
- Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management
- Review legal documentation for operational feasibility
- Initiate systems set-up on all aspects of new deals, including lenders and borrower contact and account/funding details
- Manage the process of contacting investors and obtaining administrative information associated with new deals
- Initiate initial funding on new deals and restructurings; manage the funding process with Corporate Treasury, syndicate lenders, etc.
- Process system changes for documented loan amendments and modifications
- Manage pipeline of assigned closing transactions with potential for multiple transactions closing in a single day
- Support adhoc projects, manager assigned tasks, etc.
- Support daily, weekly and month controls and metrics reporting
Interested candidates please send resume in Word format Please reference job code 224262 when responding to this ad.
