What are the responsibilities and job description for the Client operations specialist position at Dexian?
Role Overview:
The Deal Closer will be responsible for closing and funding new deals, amendments, and restructurings within the Wholesale Loan Operations team. This role involves direct interaction with internal teams, legal counsel, clients, and external stakeholders to ensure accurate processing and smooth closing of transactions. The ideal candidate will have a strong background in commercial loan operations, with a focus on syndicated loans.
Key Responsibilities:
• Initiate loan activity (fundings, repricing’s, payments) as instructed by the client in accordance with credit agreements
• Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
• Reconcile daily funding and payment activity to account for all daily cash transactions
• Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
• Initiate and reconcile automated funds movement in accordance with client/lender instructions
• Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
• Maintenance of margin changes and proper communication to bank group
• Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
• Monitor control reports updating applicable comments
• Participate in system testing, as needed, which may occur during non-business hours
• Assist with any administrative tasks associated with the terms of a Credit Agreement.
• Perform quality control on new deals, restructures, and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
• Back up co-workers, work with various special projects or other tasks as assigned
Qualifications:
- Bachelor’s degree will be a plus, but is not a must if relevant experience proven. Grads are welcome
About Us:
Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.
Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit https://dexian.com/ to learn more.
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status
Salary : $30 - $33