Syndications Account Manager

First Horizon - Metairie, LA

Full-time - Mid Level

Metairie, LA

Credit Intermediation and Related Activities

About the position

The Syndications Account Manager partners with multiple lines of business relationship managers and loan closing officers to fulfill closing and servicing of syndicated facilities. This individual takes ownership of the day-to-day relationship with the agent bank after the initial closing. The account manager manages the ongoing servicing of syndications originated in their assigned line of business. The account manager builds relationships with agent banks to ensure clear and timely communication and in a manner that reflects positively on the reputation of the Bank. The account manager develops money management strategies, including managing all incoming and outgoing wires and ensuring that cash flows and wires adhere to internal policies and that settlement occurs timely and accurately. The account manager facilitates the application of all payments and performs all maintenance over the life of the loan, to include advances, payments, fee computations, modifications, prepayment penalties and ultimately payoff.

Responsibilities

• Board all syndication facilities, including commitments, collateral and guarantors.
• Perform maintenance, calculations and adjustments on complex interest and fee accruals.
• Verify and fund all incoming funding requests from banks in a timely manner.
• Manage the day-to-day needs of the relationship post-closing.

Requirements

• Bachelor's degree in finance or related discipline required.
• Previous experience in loan administration and/or loan closing.
• Understanding of syndication and participation ecosystem and concepts.
• Knowledge of syndicated credit documentation.
• Understanding of processes such as drawdowns, pay downs, line sub limits.
• Knowledge of servicing account maintenance.
• An understanding of General Ledger and reconciling functions.
• Knowledge of LSTA market standards.

Nice-to-haves

• Knowledge of CLS (ACBS) loan system.

Benefits

• Medical with wellness incentives, dental, and vision.
• HSA with company match.
• Maternity and parental leave.
• Tuition reimbursement.
• Mentor program.
• 401(k) with 6% match.