Syndicated Loan Ops (Max \$25/hr W2)

About the position

The role within FSL Operations is responsible for the servicing of a loan portfolio comprised of bi-lateral and syndicated loans. The portfolio includes a mix a facilities where Brokerage is sole lender of record, administrative agent and lender on syndicated facilities, or lender in third party agent’s syndicate. Core functions include: - Processing borrowing/funding and settlement/paydown requests received from clients or agent via email to MS books and records - Preparation and distribution of notices (e.g. funding, paydown, rate-set, etc.) to clients and/or syndicate lenders - Preparation and distribution of periodic interest & fees invoices to client (or in the case of facilities with third-party agent, tie out to interest and fees distributed on agented notices. Processing of said interest and fees to books and records. - Daily review of exception/break reports (including cash suspense and past dues) and taking appropriate actions to resolve - Fielding other ongoing/ad hoc inquiries/requests from clients, third-party agent (if applicable), and internal MS stakeholder (e.g. Business Unit, Financial Controllers)

Responsibilities

  • Processing borrowing/funding and settlement/paydown requests received from clients or agent via email to MS books and records
  • Preparation and distribution of notices (e.g. funding, paydown, rate-set, etc.) to clients and/or syndicate lenders
  • Preparation and distribution of periodic interest & fees invoices to client (or in the case of facilities with third-party agent, tie out to interest and fees distributed on agented notices. Processing of said interest and fees to books and records.
  • Daily review of exception/break reports (including cash suspense and past dues) and taking appropriate actions to resolve
  • Fielding other ongoing/ad hoc inquiries/requests from clients, third-party agent (if applicable), and internal MS stakeholder (e.g. Business Unit, Financial Controllers)

Requirements

  • Loans/loans syndication experience

Nice-to-haves

  • Loan IQ (preferred - not required)
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