Syndications Portfolio Manager - NYC, NY Job Listing at Valley Bank in New York, NY (Job ID 24-327)

Description

Responsibilities include but are not limited to:

• Manage complex and diverse portfolio of corporate loan deals and ensure all activities are processed timely and accurately. Process Agent Bank requests in a timely manner on system of record.
• Manage syndication (agent and non-agent) funding efforts to ensure the bank meets funding deadline and operates within the boundaries of bank policy and regulations relative to all loan types.
• Perform funding reviews for loan funding requests, provide Funding Notices and Member Bank Reallocations as applicable or required while working with Relationship Managers (RM's), and Loan Closers to correct documentation deficiencies prior to approving funding; funding loans via Wire Transfer, Draft or DDA deposit.
• Develop money movement strategies, including managing all incoming and outgoing wires while ensuring cash flows and wires adhere to internal policies.
• Understand and strive to meet or exceed processing metrics while providing consistent service to the Agent Banks, Relationship Managers, Syndicators, and high-profile borrowers by responding promptly to inquiries from internal business partners and external clients.
• Act as a liaison between business lines and lender banks by facilitating internal and external communication, as necessary. Provide administrative and operational loan support to Relationship Managers, Syndicators, and borrowers. Maintain consistent awareness of fluctuating interest rates and loan balances throughout the life of the loan.
• Ensure the accuracy of new and renewed critical loan documentation for compliance with bank policy and procedure as well as government regulatory responsibilities. Ensure file room standards and security of negotiable collateral under dual control procedures are followed and administer data room sites for lead syndications.
• Ensure that electronic files are kept in an organized, updated, and user-friendly structure with standardized naming conventions. Create and maintain templates, suggestg improvements and efficiencies where prudent and produce reports for internal use, external data sharing, submission to senior management and various auditors.