Senior Loan Portfolio Manager

3 days ago


New York, New York, United States Michael Page Full time
About the Role

We are seeking a skilled Senior Loan Portfolio Manager to join our team at Michael Page. In this role, you will be responsible for managing and servicing complex loan transactions, ensuring compliance with lending policies and regulations.

Estimated Salary: $80,000 - $120,000 per year, based on experience and location.

Job Description
  • Coordinate Loan Closings: Facilitate all aspects of new loan deal closings, including reviewing agreements, managing funds flow, and notifying lenders.
  • Maintain Credit Arrangements: Ensure loan documentation aligns with credit approvals, establish accurate credit structures, and oversee ongoing updates to credit facilities.
  • Process Loan Transactions: Manage daily loan operations such as rate settings, borrowings, repayments, prepayments, and invoicing for interest and fees.
  • Monitor Specialized Lending Products: Oversee transactions for products like securitizations, leasing, and collateralized loans, ensuring proper compliance and accuracy.
  • Resolve Discrepancies: Troubleshoot transaction issues, reconcile discrepancies with treasury or borrowers, and ensure accurate cash movement.
Required Skills and Qualifications
  • Extensive Experience: At least five years of experience in loan administration, particularly as an Administrative Agent, with expertise in handling complex financial transactions and specialized lending products.
  • Technical Proficiency: Strong knowledge of loan operating systems like ACBS or LoanIQ, and familiarity with payment systems such as FED, CHIPS, and SWIFT.
  • Detail-Oriented: Demonstrates exceptional accuracy and attention to detail in managing loan transactions, credit arrangements, and reconciliation processes.
  • Problem-Solving Skills: Proven ability to identify, troubleshoot, and resolve issues in loan operations while ensuring compliance with policies and regulations.
  • Strong Communication and Organization: Excellent written and verbal communication skills, combined with the ability to manage multiple tasks and work effectively under pressure.
Benefits
  • Competitive Compensation: We offer a competitive salary package, including health benefits (medical, dental, vision) and opportunities for long-term employment.
  • Hybrid Schedule: Enjoy a flexible work schedule that balances remote work with office time.


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