Syndicated Loan Admin at Alliance Sourcing Network,Inc.

Location: Onsite in Midtown, NYC 10019 Duration: 12+ months contract Interview Mode: In-person interview required Key Responsibilities: Act as point of contact for client or agent bank accounts within their assigned portfolio. Maintains and establishes credit authorizations, fee accrual schedules and loan templates consistent with ALTAR closing request and credit agreements. Maintains client standard payment instructions in ACBS for authorizations in their respective portfolio. Enter upfront/amendment fee information in CLIX, consistent with ALTAR closing request and agent notifications. Review maturity report to identify transactions maturing within five business days, and initiate appropriate rollover paydown operation. Liaise with the bank’s dollar (BofA) and currency desks, as required, for funding of commercial loans. Ensure loan related transactions are properly entered in ACBS. Maintain up to date operations file with supporting documentation. Clear open items and daily exceptions in conjunction with CBO supervisors. Follow-up late payments, missing interest and/or fees with clients or agent banks, as required. Ensure client and participant notices/confirmations (loans, interest and/or fees) are completed and forwarded in a timely manner to clients within their portfolio as needed. Liaise with the Commercial Groups in preparing Funding Memos for assignments and ensure this information is correctly entered into ACBS.