Participation Syndication Loan Servicing Analyst- ON-SITE

Position Title:

Participation Syndication Loan Servicing Analyst

FLSA Status:

Non-exempt

Reports to:

Loan Operations Supervisor

Location:

Tyler Operations or University Center- Ft Worth

Benefits:

• Medical, Prescription Drugs, Dental, and Vision Insurance
• Insurance Eligibility for Team Members and Dependents Starting on the First Day of Employment
• 401(k) with a Match
• Basic, Voluntary, and Dependent Life Insurance
• Paid Time Off
• Paid Bank Holidays
• Workplace Wellness Programs
• Employee Assistance Programs
• Tuition Reimbursement
  
  

Summary of the Job: Responsible for administering and servicing syndicated and participated loan activity. This includes deal setup, collateral, guarantor, pricing, advances, payments, fee computations, and overall maintenance of loans. On syndications that Southside originates, responsibilities include managing member banks and their share of fees, advances, payments, and other loan information. Responsibilities includes boarding all facilities in relation to syndications and participations including but not limited to notes, collateral and guarantors. Performing maintenance, calculations and adjustments on complex interest and fee accruals, establishing lead agent relationship with members and participants for terms specified within loan documents. Verifying and funding all incoming funding requests from agent banks in a timely manner.

Essential Functions:

• Services syndicated and participated loans. Establishes relationships with members and participants for terms conforming to agency relationship as specified in the loan documents. Prioritizes competing demands and timeframes.
• Understands loan documentation for participation/syndication loans and be able to read and interpret complex Credit Agreements.
• Coordinate with internal teams to ensure timely funding requests. Requests and collects funds from participant and member banks.
• Post fees, charges and interest payments when received. Works with Agent bank and/or member banks to reconcile transactions. Distributes fees and payments to participants and/or member banks in a timely manner.
• Review daily reports to ensure all maintenance, payments, and advances have been completed properly.
• Resolve customer, agent bank, participating bank inquires and disputes by troubleshooting and researching problems.
• Boards facilities for syndications/participations to the core system, which includes renewals, modifications, and processes maintenance transactions relating to these facilities.
• Communicate with lines of business partners, managers, and other operations partners regarding loan transactions, research, and exceptions.
  
  

Additional Functions:

• Perform routine duties with minimal supervision using standard practices or procedures.
• Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources.
• Participate in proactive team efforts to achieve departmental and company goals.
• Perform duties as assigned to reach team goals.
• Knowledge of financial institution policies, procedures and regulations preferred.
  
  

Required Education/Experience:

• Minimum 5 years’ experience managing Agent Bank responsibilities for syndicated and/or participated loans within a loan operations environment.
• Strong understanding of loan syndication/participation processes, booking, and funding procedures.
• Detail-oriented with strong analytical skills
• Ability to work independently and as part of a team.
• Excellent communication skills.
• Knowledge of Jack Henry/Silverlake core operating system is a plus.
  
  

Necessary Skills:

• Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence.
• Ability to speak effectively before groups of customers or employees of organization.
• Ability to add, subtract multiply and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Strong skills in Microsoft Windows 7, Word, Excel, and Outlook.
• Intermediate skills in understanding and working with database input/output.
• Handle multiple projects simultaneously.
• Strong interpersonal skills.
• Highly motivated and a self-starter.
• Excellent customer service skills, and experience in direct customer interface environments is preferred.
  
  

Physical Activity/Dexterity:

• Manual dexterity sufficient to reach/handle items and work with fingers. Works with fingers and perceives attributes of objects and materials.
  
  

Physical Environment Demands:

• Must be able to remain in a stationary position 90% of the time.
• The person in this position needs to occasionally move about inside the office to visit other offices, conference rooms, office machinery, etc.
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
• Constantly positions self to operate on a computer.
• The person in this position frequently communicates with other people throughout each day. Must be able to exchange accurate information when conversing.
  
  

Working Conditions/Environment:

• Well-lighted, heated and/or air-conditioned indoor office setting with adequate ventilation.
• Moderate noise (e.g. business office with computers and printers, light traffic).
  
  

Work Schedule/Hours:

• Monday through Friday; 8:00 a.m. – 5:00 p.m.
• Available for overtime as needed to complete job task.
• Participates in an on-call rotation for after-hours support.
  
  

Equal Opportunity Employer/Protected Veterans/Individuals With Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)