Syndicated Loan Operations Specialist

First National Bank (FNB Corp.) - Pittsburgh, PA

Full-time - Entry Level

Pittsburgh, PA

Funds, Trusts, and Other Financial Vehicles

About the position

This position is responsible to support FNB Agent and investor portfolio by processing daily loan transactions to include all loan closing activities, advances, payments, fees, wires, rate resets, rollovers, notifications, reconcilement, and research, while ensuring efficient execution. The incumbent is responsible to collaborate with internal stakeholders and external partners to facilitate syndicated transactions. This role is required to maintaining accurate account information, documentation and ensure compliance with regulatory requirements while managing financial and reputational risk.

Responsibilities

• Assists in the end-to-end syndicated loan process to include deal review, structure for operational soundness and regulatory compliance, doc review and input, administrative details, KYC, OFAC, BO.
• Works with internal partners, customer, investors, and outside counsel to facilitate and streamline loan closing, uploading of executed documents, oversee initial funding, and loan booking into core.
• Ensures all information that is created and sent to investor banks accurately reflects pro-rata shares.
• Uses expertise with loan documentation and the appropriate application within the core system while maintaining all required electronic information is reconciled and stored accordingly within the shared files for FNB agented accounts serviced.
• Supports FNB Agent portfolio syndication loan transactions daily, including advances, payments, wires, rollovers, rate resets, L/C's, FX, and SWAPs based on established procedures and defined timelines.
• Ensures all functions meet compliance requirements, internal and external customer satisfaction and the timely recording of financial entries.
• Supports complex investor transactions by ensuring required information received from agent banks are promptly and accurately acted upon.
• Fosters relationships with syndicate members, agent banks, and internal partners involved in syndicated loan processing through multiple channels all while ensuring effective communication.
• Provides support, training, and assistance to junior team members, contributing to their professional development and growth.
• Performs other related duties and projects as assigned.

Requirements

• High School or GED
• 5 years of job-related experience
• Excellent communication skills, both written and verbal
• Excellent customer service skills
• Excellent organizational, analytical and interpersonal skills
• Detail-oriented
• Ability to work and multi-task in a fast paced environment
• Ability to use general office equipment
• Ability to use a personal computer and job-related software
• MS Excel - Intermediate Level