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Company: Valley Bank
Location: New York, NY
Career Level: Entry Level
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but not limited to:

  • Support the Manager, Syndication Loans in every aspect of the business while taking a significant role in selling down individual loans and affiliated group exposures that exceed the credit hold parameters as mandated by Credit Risk Management.
  • Lead the management of contacts and help grow strategic relationships with financial institutions that have credit appetite for the loans the Bank originates.
  • Support the Manager, Syndication Loans on sell side syndications and support buy side opportunities when generated by the Loan Syndications Group or commercial lenders.
  • Prepare marketing materials for syndicated / participation transactions (Loan Sale Call Sheet and Syndication Books).
  • Maintain deal site management activities which today are largely handled through the creation and population of ShareFile folders with due diligence and reporting requirement information for loan participants.
  • Identify and communicate syndication / participation industry trends and opportunities into internal colleague communications, activities and training.
  • Oversee and assist in the due diligence, modeling, pitchbook packaging, distribution, and ongoing support of syndicated loan prospecting, lead, and purchase activities.
  • Work with loan servicing department to ensure syndication / participation deals are correctly booked and captured on the Bank's systems.
  • Assist in the cross sell of VNB services most specifically identifying opportunities and getting them to the right people and departments at the Bank.
  • Assist in meeting / exceeding business plan objectives (commitment fee and interest rate swap skim, servicing fee generation and meeting new bank partners).
  • Help manage risk assessment and exposure levels to participant banks in cooperation with Credit Risk Management -- Counterparty Risk.
  • In conjunction with Loan Underwriting and Loan Operations, assess and maintain the appropriate loan syndication technology/software support for efficient and compliant internal and external needs.
  • Preparation and negotiation of Participation and Risk Participation Agreements in conjunction with internal and external legal counsel.
  • Participates in internal credit risk management and lender meetings to have input on deal structure and pricing.


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