Loan Syndication Administrator - Virginia Beach, United States - ePlus Technology, inc.

Description

As Loan Syndication Administrator, your primary responsibility is to coordinate the syndication process. This involves structuring the loan, determining the terms and conditions, and identifying potential syndicate members (other banks or financial institutions).

CORPORATE VALUES

Respectful communication and cooperation: We prioritize respectful communication, fostering an environment where everyone is treated with dignity and respect.

Teamwork and employee participation: Collaboration and teamwork thrive through diverse perspectives, both within our teams and in our interactions with our customers.

Work/life balance that supports our employees' varying needs: We value the well-being of our employees, recognizing that a healthy work-life balance is pivotal to our collective success.

Embracing communities: We embrace and support the communities that nurture us. Our employees' dedication to fostering positive change is a source of immense pride for us.

COMMITMENT TO DIVERSITY, INCLUSION AND BELONGING

We are an equal opportunity employer that does not discriminate or allow discrimination based on race, color, religion, sex, sexual orientation, gender identity, age, national origin, citizenship, disability, veteran status, or any other classification protected by federal, state, or local law.

ePlus is dedicated to fostering, cultivating, and preserving a culture that represents diversity, enables inclusion, and makes our employees feel comfortable bringing their full, unique selves to work.

YOUR IMPACT

The essential functions of this position include:

• Relationship Management: Maintain relationships with potential syndicate members and negotiate terms with them. This requires excellent communication and negotiation skills to ensure that the syndication process proceeds smoothly, and all parties are satisfied with the terms.
• Risk Assessment: Assessing the creditworthiness of the borrower and evaluating the risks associated with the loan is crucial. Work closely with credit analysts to conduct due diligence on the borrower and mitigate potential risks.
• Documentation: Prepare the necessary documentation for the syndicated loan, including the loan agreement, term sheet, and any other legal documents required for the transaction.
• Regulatory Compliance: Ensuring compliance with relevant regulations and guidelines is essential. Stay updated on regulatory changes that may affect the syndication process and ensure that all aspects of the transaction comply with legal requirements.
• Closing and Administration: Oversee the closing process, ensuring that all documentation is properly executed. The Loan Syndication Administrator may also be involved in ongoing administration of the loan, including monitoring payments and compliance with covenants.
• Market Analysis: Keep abreast of market conditions and trends. Understand prevailing interest rates, investor appetite for syndicated loans, and other factors that may impact the syndication process.

QUALIFICATIONS

• Bachelor's degree, Finance or Business Administration preferred, or equivalent experience
• Strong understanding of syndicated loan products, market conventions, and regulatory requirements
• Excellent written and verbal communication skills
• Strong attention to detail
• Ability to work independently and as part of a team
• Strong organizational and multitasking skills
• Proficiency with Microsoft Office (Excel, Word, and PowerPoint)

POSITION SPECIFICS

The base salary range for this position at commencement of employment is expected to be between $28.85 and $33.65 hourly; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including commissions and discretionary bonuses, in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. ePlus Benefits highlights can be viewed here.

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

PHYSICAL REQUIREMENTS

While performing this role, you will engage in both seated and occasional standing or walking activities. We provide reasonable accommodations, in accordance with relevant laws, to support success in this position.

By embracing our values, you will contribute to our collective mission of making a positive impact within our organization and the broader community. We understand that this job description serves as a guide and is not an employment contract.