Syndicated Loan Analyst

2 days ago


Newark, Delaware, United States Veterans Sourcing Group Full time
Job Title: Syndicated Loan Analyst

At Veterans Sourcing Group, we are seeking a highly skilled Syndicated Loan Analyst to join our team on a temporary-to-hire basis. As a key member of our team, you will be responsible for analyzing and managing complex loan transactions, ensuring accurate and timely execution of loan agreements.

Key Responsibilities:
  • Initiate loan activity, including fundings, repricings, and payments, in accordance with client instructions and credit agreements.
  • Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions.
  • Reconcile daily funding and payment activity to account for all daily cash transactions.
  • Read and interpret complex legal credit agreements and related documentation, working with attorneys when necessary.
  • Initiate and reconcile automated funds movement in accordance with client/lender instructions.
  • Monitor and escalate past due principal, interest, and fees to ensure accurate loan accounting and timely invoicing.
  • Maintain margin changes and communicate effectively with the bank group.
  • Provide information as requested by clients, business partners, middle office, or lenders.
  • Monitor control reports and update applicable comments.
  • Participate in system testing, as needed, which may occur during non-business hours.
  • Assist with administrative tasks associated with credit agreements.
  • Perform quality control on new deals, restructures, and amendments by thoroughly understanding credit agreements and verifying system setup accuracy.
  • Back up coworkers and work on special projects or other tasks as assigned.
Requirements:
  • Education: Minimum undergraduate degree from an accredited university, preferably in accounting, finance, economics, or math. Related job and industry experience can be accepted as a substitute (2+ years).
  • General to intermediate accounting knowledge.
  • Ability to manage concurrent assignments in an effective, efficient, and organized manner.
  • Ability to work independently within a team environment.
  • Excellent oral and written communications skills and strong interpersonal/client servicing skills.
  • Strong analytical, problem-solving, and proven decision-making skills.
  • Solid working knowledge of Microsoft Office applications (i.e., Excel, Word, and PowerPoint).
  • Must have experience reading and interpreting loan documentation or related experience dealing with legal documentation.
  • Loan experience or loan operations is a plus.
  • Flexible working schedule with some overtime required.


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