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Senior Loan Agency Specialist
Mizuho Financial Group
Jersey City, NJ, United States
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Senior Agency Loan Admin
About the Team
Loan Administration
The Loan Administration (LAU) handles the operation and administration of Corporate loan operations and Trade Finance operations.
The Unit consists of four sections:
• Agent Section: Manages Mizuho Agented and Bilateral deals
• US Corp. Sections (1, 2 and 3): Handles US Corporate Syndicated deals (Agented by other banks or bilateral)
• Internal Control Section: Monitors and controls loan operations as well the training of operational procedures.
• Trade Finance: Manages the Trade Finance products
Summary
Provide control and administrative support required by all Mizuho Bank credit related deals
Responsibilities
(1)
General Duties
Act as Mizuho LAU representative in coordinating transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other parties
Manage the administrative aspect of all New Deal Closings. Calculating, invoicing and disbursing all deal related fees. Coordinating movement of funds related to initial funding and closing. Work closely with Borrower and Bank Group.
Report to Management, Supervisors and Account Officer all transactions that require special handling or approval.
Credit Arrangement Maintenance
Independently manage administrative processes for complex loan deals
Provide consultative support to Account Officers on operational deal structure issues
Review Document and CAU Term Sheet / CA Booking Request in order to compare loan documentation to
Credit Approval and ensure that the structure and content are identical; and to create or maintain Accurate Credit Arrangements in ACBS
Commercial Loan Maintenance
Responsible for the daily maintenance of the commitment facilities including: monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepayments.
Calculate, invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective. This includes agency and amendment fees as well as all monthly and/or quarter end activity.
Maintaining and monitoring Fronting LC, Invoice Discounting and Risk Participations
Monitoring and distributing Financials when due
Interact with Treasury on rate settings for foreign currencies and USD loans
Responsible for verifying integrity of transaction
Accountable for ongoing quality, integrity and completion on all data
Reconciliation
Act as a trouble-shooter for deal management related problems
Communicate with treasury to confirm discrepancies in funding rates
Interact with customers for all cash movement activity
Reconcile statement to ledger entries
Others
Participate in various short-term projects to maintain data integrity
Maintain filing and billing
Qualifications
• Two to four years of experience with the management of loan products.
• Experience with loan operating systems: ACBS, G-Base
• Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary)
• Experience with compliance in a lending area
• Experience with collateral evaluation procedures
• Proficient in management of lending products
• Be thorough and accurate and demonstrate attention to details
• Competent written and oral communications skills
• Organizational skills and to work well under pressure
• Ability to identify and solve problems
Company Overview
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.
Mizuho Bank Ltd. offers a competitive total rewards package.
We are an EEO/AA Employer - M/F/Disability/Veteran.
We participate in the E-Verify program.
We maintain a drug-free workplace and perform pre-employment substance abuse testing.
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