BBVA Compass

Commercial Loan Servicer

Posted Date 2 weeks ago(2/7/2018 1:04 PM)
Location
Texas

Overview

At BBVA, we’re working to make banking better for everyone. That’s where you come in. We’re looking for smart, team-oriented people who want to be part of a first-class workforce that gives people the tools they need to meet their financial goals, all while delivering an outstanding client experience. Learn more below.

Responsibilities

General Summary:

 

This position is responsible for closing review, funding and daily operational activity for syndicated loan transactions denominated in USD and foreign currencies.

 

Key responsibilities:

  • Supports primarily syndicated loan transactions.  
  • Maintain current knowledge of all internal policies, procedures and training as well as external legislature and regulations.
  • Act as liaison between LD&FC and the Line of Business including both relationship managers / client managers and underwriting, the Loan HUB, and other Operational areas within the bank.
  • Process Loan Closings, Advances, Payments, and Maintenance Items – including Rollovers, Conversion, Margin Changes and Other Operational Transactions – as well as, Loan Closings, Renewals and Loan Modification on an on-going basis.
  • Research and reconcile credit facility to agent bank’s records – include review of transaction and accrual history and recommend remediation / reconciliation action to the manager.

Qualifications

   Minimum requirements

  • Bachelor degree in Business Administration, Accounting or Legal Studies or an equivalent of 4 years of professional experience.
  • 5 years in corporate banking / syndicated loan documentation and closing.
  • 5 years within a financial institution with extensive commercial experience in servicing corporate banking syndicated credits.
  • Proficient knowledge for closing and servicing both syndicated and participated credit facilities including credit (underwriting) documentation, legal documentation, and internal policies / external regulations.

 

 

   Desirable experience

  • Paralegal experience is a plus
  • FX Exposure
  • A combination of experience in two or more of these areas is highly desired – legal, loan closing, loan administration, loan documentation, loan review, audit or compliance.
  • Proven track record of in-depth review of all types of commercial and syndicated loan documentation
  • Efficiency, attention to detail, accuracy, ability to work well with others and being a team player are crucial characteristics for this position.
  • Experience with LoanIQ and / or AFS Level III

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