Jobs
>
Jersey City

    Agency Loan Administrator- Associate - Jersey City, United States - Mizuho Financial Group

    Default job background
    Description
    Summary

    The Loan Administrator is responsible for ensuring accurate and timely administration / servicing of the Bank's loan portfolio; ensures daily activity comply with state and federal laws, regulations and Bank lending policies and procedures; ensures department activities run smoothly; and provides a high level of customer relations and service


    LAU Associate will assist in all phases of new Agency deal closing process wherein Mizuho's role is as Administrative Agent or direct lender.

    This includes providing expertise and guidance during pre-closing meetings, reviewing and providing comments on credit agreement and other closing documentation, coordinating funds flow, fee allocations and disbursement of funds and lender notification, and building deal in lending system.

    Attention to detail is imperative especially with complex transactions (i.e Project Finance, Securitization, etc.)


    LAU Associate will have exposure to and will handle various products such as ABL, equity fund finance and residential mortgage.


    PRINCIPLE DUTIES AND RESPONSIBILITIES:
    General Duties


    • Act as Mizuho LAU representative in coordinating transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other parties
    • Manage the administrative aspect of all New Deal Closings. Calculating, invoicing and disbursing all deal related fees. Coordinating movement of funds related to initial funding and closing. Work closely with Borrower and Bank Group.
    • Report to Management, Supervisors and Account Officer all transactions that require special handling or approval.
    Credit Arrangement Maintenance


    • Independently manage administrative processes for complex loan deals as administrative agent, bilateral lender
    • Provide consultative support to Account Officers on operational deal structure issues
    • Review Document and Term Sheet / CA Booking Request in order to compare loan documentation to Credit Approval and ensure that the structure and content are identical; and to create or maintain Accurate Credit Arrangements in ACBS
    Commercial Loan Maintenance


    • Responsible for the daily maintenance of the commitment facilities including: monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepayments.
    • Calculate, invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective. This includes agency and amendment fees as well as all monthly and/or quarter end activity.
    • Maintaining and monitoring Fronting LC, Invoice Discounting and Risk Participations
    • Monitoring and distributing Financials when due
    • Interact with Treasury on rate settings for foreign currencies and USD loans
    • Responsible for verifying integrity of transaction
    • Accountable for ongoing quality, integrity and completion on all data
    Reconciliation


    • Act as a trouble-shooter for deal management related problems
    • Communicate with treasury to confirm discrepancies in funding rates
    • Interact with customers for all cash movement activity
    • Reconcile statement to ledger entries
    Others


    • Participate in various short-term projects to maintain data integrity
    • Maintain filing and billing
    Exception Duties (As requested by UH)


    • Perform periodic data integrity checks
    • Duties as assigned
    • Undertakes special projects, and assumes other duties, as assigned, completing such tasks on time.
    Compliance


    • Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division. Attend Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank's "Code of Conduct".
    • Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.

    QUALIFICATIONS

    • Two to four years of experience with the management of loan products.
    • Experience with loan operating systems: ACBS, LoanIQ
    • Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary)
    • Experience with compliance in a lending area
    • Experience with collateral evaluation procedures
    • Proficient in management of lending products
    • Be thorough and accurate and demonstrate attention to details
    • Competent written and oral communications skills
    • Organizational skills and to work well under pressure
    • Ability to identify and solve problems Knowledge of payment (FED, CHIPS, SWIFT)
    The expected base salary ranges from $74,000 - $80,000.

    Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained.

    Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

    Other requirements


    Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations.

    Company Overview

    Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion.

    Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia.

    Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America.

    Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia.

    Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research.

    Visit

    Mizuho Americas offers a competitive total rewards package.

    We are an EEO/AA Employer - M/F/Disability/Veteran.

    We participate in the E-Verify program.

    We maintain a drug-free workplace and perform pre-employment substance abuse testing.

    #LI-MIZUHO


  • City of New York New York, United States

    Job Description · ONLY PERMANENT EMPLOYEES IN THE TITLE AND THOSE THAT ARE REACHABLE ON THE PRINCIPAL ADMINISTRATIVE ASSOCIATE CIVIL SERVICE LIST ARE ELIGIBLE TO APPLY. · AGENCY DESCRIPTION · Established in 1805, the New York City Department of Health and Mental Hygiene (the NYC ...


  • City of New York New York, United States

    Company Description · Job Description · ONLY PERMANENT EMPLOYEES IN THE TITLE AND THOSE THAT ARE REACHABLE ON THE PRINCIPAL ADMINISTRATIVE ASSOCIATE CIVIL SERVICE LIST ARE ELIGIBLE TO APPLY. · AGENCY DESCRIPTION · Established in 1805, the New York City Department of Health and ...


  • City of New York New York, United States

    Job Description · ONLY PERMANENT EMPLOYEES IN THE TITLE AND THOSE THAT ARE REACHABLE ON THE PRINCIPAL ADMINISTRATIVE ASSOCIATE CIVIL SERVICE LIST ARE ELIGIBLE TO APPLY. · AGENCY DESCRIPTION · Established in 1805, the New York City Department of Health and Mental Hygiene (the NYC ...


  • Clinton Housing Development Company New York, United States

    Job Description · Job DescriptionNature of Work · The Administrative Associate to Operations and Programs and Planning provides administrative support to the Director of Operations and the Director of Programs and Planning. This position coordinates access to the Directors for bo ...


  • HIAS Inc New York, United States

    Job Description · Job DescriptionPOSITION SUMMARY: · HIAS seeks an Administration Associate to support day-to-day administrative functions and office operations for the New York, New York office. · Note, this is a hybrid role with 4 days/week in the office, and 1 day/week remote ...


  • SitusAMC New York, United States OTHER_EMPLOYMENT_TYPE

    SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, ...


  • Covenant House of NJ Atlantic City, United States

    Job Description · Provide administrative support two days a week to Atlantic City facilities operations and programs and coordinate (remotely) with the finance and admin team in the Newark location · Duties and responsibilities Review invoices and create/ process purchase order ...


  • Addition Management New York, United States

    Title: Finance and Accounting Administrative Associate · Location: Queens, NY (HYBRID) · Salary: $63k - $66k · Global Luxury Goods Company is seeking a Finance and Accounting Administrative Associate to join their team · RESPONSIBILITIES · Ensures that the Accounting Department's ...


  • City of New York New York, United States Full time

    THE OFFICE OF CHIEF MEDICAL EXAMINER · The Office of Chief Medical Examiner investigates cases of persons who die within New York City from criminal violence, by accident, by suicide, suddenly when in apparent health, when unattended by a physician, in a correctional facility or ...


  • Addition Management New York, United States

    Position: Administrative and Planning Associate · Location: Queens, NY · Salary: $73k - $79k · Luxury Goods Company is seeking an Administrative Assistant to join their team · RESPONSIBILITIESEntering monthly inventory reconciliations for both companies, tracking retailer compl ...


  • SitusAMC New York, United States

    SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, ...


  • CDP Global New York, United States

    Closing Date: 3rd June, 2024 · Expected Start Date: July 1, 2024 · Location(s): Flexible/hybrid remote (NYC Metro area) · Salary Range: USD$54,000- USD$60,000 annually- Final offer amount depends on multiple factors such as candidates experience and expertise, geographic location ...


  • Little Green Gourmets New York, United States

    We are seeking a highly motivated individual to join the LGG team full time. You will wear many hats and play a crucial role as the main point of contact for customers. You will balance working autonomously as well as work closely with our management and office team in our fast p ...


  • The Metropolitan Museum of Art New York, United States

    About the Metropolitan Museum of Art · The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City-The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The ...


  • Via New York, United States

    Via is using technology to transform transportation around the world. From changing a single person's daily commute to reducing humanity's collective environmental footprint — we've got huge goals. · As aProposal Administrative Associateat Via, you will work to improve mobility b ...


  • NYU Langone Health New York, United States Full time/Regular

    · We have an exciting opportunity to join our team as an Associate Director, Lab Administrative Operations. · In this role, the successful candidate will be responsible for directing and managing all aspects of the day-to-day administrative operations that support the Departmen ...


  • gonzer New York, United States

    Details: · Answer phone calls: forward them to appropriate person and take messages. · Prepare memos, reports, or other contract documents as requested by the manager. · Organize the folders and files and maintain them. · Schedule meetings using MS Outlook or Teams. · Intera ...


  • City of New York New York, United States

    Job Description · ONLY PERMANENT EMPLOYEES IN THE TITLE AND THOSE THAT ARE REACHABLE ON THE PRINCIPAL ADMINISTRATIVE ASSOCIATE CIVIL SERVICE LIST/ EXAM NO.1128 ARE ELIGIBLE TO APPLY. · AGENCY DESCRIPTION · Established in 1805, the New York City Department of Health and Mental Hyg ...


  • Cushman & Wakefield National New York, United States

    Job Title · Portfolio Administration Associate Manager · Job Description Summary · POSITION SUMMARY Responsible for managing the workflow and the day-to-day activities of the team for a specific functional or geographical area that supports the Portfolio Administration Service Li ...


  • State Street New York, United States OTHER

    Who We Are Looking For · We are looking for bright, enthusiastic and hard-working individuals with a keen interest in learning about and accounting for complex investment transactions and structures in a dynamic, challenging and fast-paced work environment. Your success will be f ...