Agency Loan Operations AVP

MUFG; Tampa (FL); On-site; USD 89,000 - 107,000; Full time

Job summary

A leading financial institution in Tampa is looking for an AVP with expertise in the Syndicated Loan Market. The role involves overseeing complex loan transactions, acting as a point of contact for audits, and implementing necessary structural changes. Candidates should have experience with various systems used in syndicated lending and possess strong management skills. A competitive salary and benefits package is offered.

Benefits

Comprehensive health and wellness benefits

Retirement plans

Educational assistance

Qualifications

• The individual will focus on complex loan transactions requiring expertise.
• Management experience preferred.
• Knowledge of market initiatives for settlement and servicing required.

Responsibilities

• Oversight of loan servicing transactions in accordance with the credit agreement.
• Act as the main point of contact for SOX testing and audits.
• Design and implement structural changes where necessary.

Skills

Comprehensive knowledge of the Syndicated Loan Market

Ability to analyze and streamline operational processes

Comfortable interacting with senior stakeholders

Tools

AFS

ACBS

Loan IQ

Clearpar

Syndtrak

Intralinks

Debt Domain

Job description

Job Summary

The AVP is considered a subject matter expert with the ability to support and address questions and transactions associated with the Syndicated Agency business. The individual will be responsible for focusing on the resolution of complex loan transactions, where expertise is required to interpret against policies, guidelines or processes.

Responsibilities

• Responsible for the day-to-day oversight of loan servicing transactions, ensuring that all lending transactions are followed and managed appropriately in accordance with the credit agreement, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures.

• Act as the main point of contact related to SOX testing, internal and external audit requests, issue escalation, etc.

• Minimize the population of KRI’s, breaks, and exception items within the space.

• Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrade and replacement efforts, including testing and implementation, human capital discussions, ensure appropriate resource allocation, understand business requirements, act as SME.

• Design and implement departmental structural and procedural changes where necessary.

Qualifications

• Comprehensive knowledge of the Syndicated Loan Market, prior LSTA or working group involvement a plus.

• In depth knowledge of market initiatives to streamline and automate settlement and servicing.

• Understands market conventions for managing products across Syndicated & Commercial Lending Operations.

• Management experience preferred.

• Comfortable interacting with senior internal and external stakeholders, including the Bank’s Clients, Investors, other Agent Banks, Issuing Banks, Syndications, Front Office etc.

• Ability to analyze and streamline operational processes, improving productivity and efficiency.

• Knowledge of systems used to manage the Syndicated lending business: AFS, ACBS, Loan IQ, Clearpar, Syndtrak, Intralinks, Debt Domain.

The typical base pay range for this role is between $89K - $107K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric

• People Focused

• Listen Up. Speak Up.

• Innovate & Simplify

• Own & Execute