Loan IQ Syndicated Loans Specialist
Charlotte, North Carolina
Hybrid
Contract
$61.06/hr - $68.8/hr
Outstanding long-term contract opportunity! A well-known Financial Services Company is looking for a Commercial Loan Closing Specialist in Charlotte, NC (Hybrid).
Work with the brightest minds at one of the largest financial institutions in the world. This is long-term contract opportunity that includes a competitive benefit package! Our client has been around for over 150 years and is continuously innovating in today's digital age. If you want to work for a company that is not only a household name, but also truly cares about satisfying customers' financial needs and helping people succeed financially, apply today.
Contract Duration: 12 Months
Required Skills & Experience
What You Will Be Doing
Work with the brightest minds at one of the largest financial institutions in the world. This is long-term contract opportunity that includes a competitive benefit package! Our client has been around for over 150 years and is continuously innovating in today's digital age. If you want to work for a company that is not only a household name, but also truly cares about satisfying customers' financial needs and helping people succeed financially, apply today.
Contract Duration: 12 Months
Required Skills & Experience
- Loan IQ Experience: Hands-on experience using Loan IQ system notebooks, including but not limited to:
- Customer Notebook: Manages borrower information.
- Deal Notebook: Houses deal data including credit agreement details, lenders involved, deal departments, pricing options, and facilities (revolver, term loans, term loan B, letter of credit, swingline, etc.).
- Facility Details:
- Understanding what can be borrowed under each facility type within the deal.
- Candidates must have experience with of the Customer and Deal Notebooks.
- Syndicated Loan & Agency Experience:
- Experience working with syndicated loans involving multiple banks.
- Understanding the role of an agent bank vs. participant banks in syndicated deals.
- Ability to process and input loan agreements and credit documents into Loan IQ accurately.
- Credit Agreement Understanding:
- Ability to interpret and extract data from credit agreements and credit approval documents to feed into Loan IQ.
- Candidates ideally come from financial institutions with syndicated loan operations.
What You Will Be Doing
- Building and managing loan deals within Loan IQ, pulling information from credit agreement documents into the system.
- Support various parts of the loan lifecycle but must have deep exposure to syndicated loans and agency experience (dealing with multiple lenders and complex deal structuring).
You will receive the following benefits:
- Medical Insurance - Four medical plans to choose from for you and your family
- Dental & Orthodontia Benefits
- Vision Benefits
- Health Savings Account (HSA)
- Health and Dependent Care Flexible Spending Accounts
- Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
- Hospital Indemnity Insurance
- 401(k) including match with pre and post-tax options
- Paid Sick Time Leave
- Legal and Identity Protection Plans
- Pre-tax Commuter Benefit
- 529 College Saver Plan
Motion Recruitment Partners (MRP) is an Equal Opportunity Employer. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.