Loan IQ Syndicated Loans Specialist
Motion Recruitment Partners
Loan IQ Syndicated Loans Specialist
Charlotte, North Carolina
**Hybrid**
Contract
$61.06/hr - $68.8/hr
Outstanding long-term contract opportunity! A well-known Financial Services Company is looking for a Commercial Loan Closing Specialist in Charlotte, NC (Hybrid).
Work with the brightest minds at one of the largest financial institutions in the world. This is long-term contract opportunity that includes a competitive benefit package! Our client has been around for over 150 years and is continuously innovating in today's digital age. If you want to work for a company that is not only a household name, but also truly cares about satisfying customers' financial needs and helping people succeed financially, apply today.
Contract Duration: 12 Months
**Required Skills & Experience**
+ Loan IQ Experience: Hands-on experience using Loan IQ system notebooks, including but not limited to:
+ Customer Notebook: Manages borrower information.
+ Deal Notebook: Houses deal data including credit agreement details, lenders involved, deal departments, pricing options, and facilities (revolver, term loans, term loan B, letter of credit, swingline, etc.).
+ Facility Details:
+ Understanding what can be borrowed under each facility type within the deal.
+ Candidates must have experience with of the Customer and Deal Notebooks.
+ Syndicated Loan & Agency Experience:
+ Experience working with syndicated loans involving multiple banks.
+ Understanding the role of an agent bank vs. participant banks in syndicated deals.
+ Ability to process and input loan agreements and credit documents into Loan IQ accurately.
+ Credit Agreement Understanding:
+ Ability to interpret and extract data from credit agreements and credit approval documents to feed into Loan IQ.
+ Candidates ideally come from financial institutions with syndicated loan operations.
**What You Will Be Doing**
+ Building and managing loan deals within Loan IQ, pulling information from credit agreement documents into the system.
+ Support various parts of the loan lifecycle but must have deep exposure to syndicated loans and agency experience (dealing with multiple lenders and complex deal structuring).
**You will receive the following benefits:**
+ Medical Insurance - Four medical plans to choose from for you and your family
+ Dental & Orthodontia Benefits
+ Vision Benefits
+ Health Savings Account (HSA)
+ Health and Dependent Care Flexible Spending Accounts
+ Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
+ Hospital Indemnity Insurance
+ 401(k) including match with pre and post-tax options
+ Paid Sick Time Leave
+ Legal and Identity Protection Plans
+ Pre-tax Commuter Benefit
+ 529 College Saver Plan
Motion Recruitment Partners (MRP) is an Equal Opportunity Employer. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.
**Posted by:** Anthony DAurizio
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