Syndication Loan Closing Administrator (in-office) - Irvine, CA or Houston, TX

Zions Bancorporation NA

  • Houston, TX
  • 1 day ago
  • $65,000–$89,000 Per Year

Highlights

Qualifications: Requires a bachelor's degree in business, Finance or a related field and 1+ years of syndication, Commercial Real Estate documentation/closing or other similar experience, including experience reading and interpreting loan and legal documentation or other directly related experience. Work directly with relationship managers (RM), along with the borrower, legal counsel (attorney), title companies, insurance agents, and vendors to ensure closing requirements are met and necessary due diligence is obtained.

Numbers & Facts

LocationHouston, TX
Salary$65,000–$89,000 Per Year

Description

Zions Bancorporation is transforming what it means to work for a financial institution. We operate in a fast-paced, information-driven environment, which means we need people who bring diverse experiences, perspectives, and expertise to meet ever-changing demands. Your ability to adapt, learn innovate and collaborate with a dynamic team helps us provide exceptional service to our customers and communities.

ETO is committed to helping our employees grow, develop and advance in their career. Our Workforce of the Future, and UpSkilling initiatives allow you to network across the organization, volunteer in our community, and build your technical and soft skills. We believe that investing in your success and well-being is an investment in our customers and our business.

Together we are building a culture that values diversity, celebrates growth, and creates a space of belonging for all our team members. Our people are what set us apart and make us great.

We are looking for a Syndication Loan Closing Administrator to work in office in Irvine, CA or Houston, TX.

Responsibilities:

  • Documentation review and the loan closing process for various types of syndicated loans (Agent and Non-Agent/Non-Lead).
  • Work directly with relationship managers (RM), along with the borrower, legal counsel (attorney), title companies, insurance agents, and vendors to ensure closing requirements are met and necessary due diligence is obtained.
  • Represent the organization with clients, legal, and outside agencies on the closing process.
  • Review and comprehend complex loan documentation, loan terms, and financial elements for accuracy and consistency with the Credit Approval.
  • Ensure documents are prepared in compliance with credit policy, documentation standards, and regulatory requirements.
  • Identity potential documentation risks and provide solutions.
  • Ensure waivers or deviations from policy are adequately documented.
  • Coordinate and/or instruct attorneys/legal counsel to prepare loan documents in accordance with credit approval and bank's requirements.

Qualifications:

  • Requires a bachelor's degree in business, Finance or a related field and 1+ years of syndication, Commercial Real Estate documentation/closing or other similar experience, including experience reading and interpreting loan and legal documentation or other directly related experience.

  • A combination of education and experience may meet requirements.

  • Knowledge of syndication, commercial real estate loan closing or a related field's processes and procedures, lending compliance and regulations, loan systems, and loan documentation.

  • Solid working knowledge of loan principles and processes.

  • Ability to read and interpret complex loan and legal documentation.

  • Solid working knowledge of construction due diligence and risk management.

  • Strong analytical and research skills.

  • Must be accurate, detail oriented, and have ability to multi-task.

  • Must have solid problem resolution, audit, customer service, and communication skills, both verbal and written.

  • Ability to assist in training and mentoring to less experience loan specialists/closers may be required.

  • Demonstrate ability to utilize sound judgment and to proactively seek assistance when needed work under limited supervision.

  • Ability to communicate effectively with clients, RMs, internal/external legal counsel, and credit management.

  • Solid computer skills include various word processing and spreadsheet software.

Benefits:

  • Medical, Dental and Vision Insurance - START DAY ONE!
  • Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
  • Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
  • Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
  • 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
  • Mental health benefits including coaching and therapy sessions
  • Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
  • Employee Ambassador preferred banking product

Salary range (depending on experience): $65,000-$89,000

Similar Jobs