Deal Coordinator - Leverage Finance Operations

$72,500 - $134,500/Yr

BMO - New York, NY

Full-time - Mid Level

New York, NY

Credit Intermediation and Related Activities

About the position

The Deal Coordinator in the Leveraged Finance Operations Team at BMO Financial Group is responsible for managing and closing highly syndicated loan transactions. This role involves collaboration with various stakeholders, including the Capital Markets Deal Team and external counterparties, to ensure a smooth loan closing process and adherence to policies and guidelines. The ideal candidate will provide exceptional customer service, address complex customer requests, and support strategic initiatives within the organization.

Responsibilities

• Collaborate with multiple stakeholders including the Capital Markets Deal Team, Booking & Funding team, external counterparties, and Borrowers.
• Facilitate the loan closing process and commitment management, ensuring compliance with policies and guidelines.
• Provide loan closing and portfolio monitoring support in a timely manner.
• Address complex escalated customer requests and transactions, or escalate with recommendations.
• Act as a trusted advisor to assigned business/group and influence negotiations to achieve business objectives.
• Recommend and implement solutions based on analysis of issues and implications for the business.
• Assist in the development of strategic plans and support execution of strategic initiatives.
• Conduct independent analysis and assessment to resolve strategic issues.
• Build effective relationships with internal/external stakeholders and ensure alignment between them.
• Monitor and track performance, addressing any issues that arise.
• Analyze data and information to provide insights and recommendations.
• Lead the development of communication strategies to influence or change behavior.
• Build change management plans and participate in various change management activities.
• Develop and manage a business/group program, reviewing its effectiveness and recommending enhancements.
• Process complex transactions and activities, researching and resolving discrepancies as needed.
• Identify business needs and design/develop tools and training programs, including delivery of training.
• Act as the day-to-day contact for vendors, supporting the implementation and maintenance of vendor solutions.
• Participate in deal closing events to ensure conditions and funding requirements are met.
• Analyze credit documentation and communicate deal information to stakeholders.
• Track and monitor credit, legal, and compliance documentation, participating in follow-up processes.
• Gather additional documentation from customers and stakeholders to fulfill client requests.
• Manage customer documentation to ensure proper record maintenance.
• Investigate and address customer service issues according to established parameters.
• Collaborate with stakeholders to deliver on business objectives and analyze data for insights.
• Develop knowledge around customers' businesses and industries to better service their needs.
• Prepare legal documents as needed and recommend workflow improvements for efficiency.

Requirements

• Typically between 5 - 7 years of loan operations experience, including broadly syndicated loans.
• Post-secondary degree in a related field of study or an equivalent combination of education and experience.
• In-depth knowledge and understanding of business unit's key products, services, processes, and controls.
• In-depth knowledge of standard desktop applications (e.g., Excel) and department systems (e.g., LoanIQ, ClearPar, Syndtrak).
• In-depth understanding of business unit's risk and regulatory requirements.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• In-depth verbal and written communication skills.
• In-depth collaboration and team skills.
• In-depth analytical and problem-solving skills.
• In-depth influence skills.
• In-depth data-driven decision-making skills.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives
• Discretionary bonuses
• Other perks and rewards