LINE OF BUSINESS
Wholesale Lending Services
Wholesale Lending Services (WLS) is part of the Commercial Bank providing lending servicing support to multiple business units across the firm and around the world. The Operation provides loan documentation; closing and funding; payment and fee processing; syndication loan trade processing; credit administration; collateral perfection and management, customer service and reporting; and construction management.
JOB DESCRIPTION
This position is responsible for the set-up and funding of corporate syndicated loan transactions for Commercial Bank and Corporate & Investment Bank Clients on the LoanIQ product processor. The Deal Closer has direct contact with attorneys, borrowers, lenders and internal middle and front office teams to support the operational aspects of a syndicated loan closing and funding.
RESPONSIBILITIES
- Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management
- Review legal documentation for operational feasibility
- Initiate systems set-up on all aspects of new deals, including lenders and borrower contact and account/funding details
- Manage the process of contacting investors and obtaining administrative information associated with new deals
- Initiate initial funding on new deals and restructurings; manage the funding process with Corporate Treasury, syndicate lenders, etc.
- Process system changes for documented loan amendments and modifications
- Manage pipeline of assigned closing transactions with potential for multiple transactions closing in a single day
- Support adhoc projects, manager assigned tasks, etc.
- Support daily, weekly and month controls and metrics reporting
QUALIFICATIONS
Must Have
- 1-3 years of experience in Financial Services (Loans, Credit), Legal or Business Consulting industry
- General accounting knowledge preferred
- Excellent business maturity and experience dealing with corporate clients
- Experience with MS Office (Outlook, Word, Excel, PowerPoint)
- Excellent written communication skills (will be communicating with senior level external contacts - professional email writing)
- Experience working in team environment
- Undergraduate Degree is strongly preferred but related job and industry experience can be accepted as a substitute (2+ years in Syndicated Loans
Nice-To-Have
- Knowledge or experience with Syndicated Loans
- Experience with LoanIQ
Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.
Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit to learn more.
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.