Loan Admin

Loan Administration Unit (Agency & Bilateral Loan Administration) AVPThe Loan Administration Unit (LAU) AVP is responsible for assisting the Section Head in the Agency & Bilateral Loan Administration Section; ensures accurate and timely administration/servicing of the Bank's agented loan portfolio; ensures daily activity complies with state and federal laws, regulations and Bank lending policies and procedures; ensures department activities run smoothly and efficiently; provides leadership, training and supervision within the department; and provides a high level of customer relations and service. The LAU AVP helps assist in transaction approval as required, support a complex loan portfolio, and is required to be fully knowledgeable and skilled in all areas of servicing syndicated and bilateral loan facilities.The LAU AVP is responsible for 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 agreements 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 (ie. Project Finance, Securitization, ABL, etc). The role has exposure to various products such as equity fund finance and residential mortgage, and Term Loan B deals.General DutiesAct as Mizuho LAU representative in coordinating transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other partiesManage the administrative aspect of all New Deal ClosingsCalculating, invoicing and disbursing all deal related feesCoordinating movement of funds related to initial funding and closingWork closely with Borrower and Bank GroupReport to Management, Supervisors and Account Officer all transactions that require special handling or approvalPartner with the LoanIQ migration teams to provide your migration experience and Loan IQ processingAssist with LoanIQ training of colleagues and help lend experience to the future Ops Readiness initiativeCredit Arrangement MaintenanceReview, release and approve traditional loan deals processed by administratorsMaintain high level of technical support to Loan Administration staff, account officers and client baseIndependently manage administrative processes for complex loan dealsProvide consultative support to Account Officers on operational deal structure issuesReview Document and Facility Instruction 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 ACBSCommercial Loan MaintenanceRestricted transaction approval authorityResponsible for the daily maintenance of the commitment facilities including monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepaymentsCalculate, 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 activityMaintaining and monitoring Fronting LC, Invoice Discounting and Risk ParticipationsMonitoring and distributing Financials when dueInteract with Treasury on rate settings for foreign currencies and USD loansResponsible for verifying integrity of transactionAccountable for ongoing quality, integrity and completion on all dataReconciliationAct as a trouble-shooter for deal management other related problemsCommunicate with treasury to confirm discrepancies in funding ratesInteract with customers for all cash movement activities Reconcile statement to ledger entriesException Duties (As requested by UH)Independently manage all collateral requirements for credit dealsAdvise Account officers of all collateral shortfallsPerform periodic data integrity checksUndertakes special projects, and assumes other duties, assigned, completing such tasks on timeComplianceObtain 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 receivedComply with the Bank's "Code of Conduct".Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.Qualifications:Seven years or more of loan product experience as Administrative AgentExperience with loan operating systems: ACBS, LoanIQExperience 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 areaExperience with collateral evaluation proceduresProficient in management of lending productsOrganizational skills and to work well under pressureStrong knowledge of wire transfer (FED, CHIPS, SWIFT)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.