Syndication Loan Specialist III
TD Securities, Mount Laurel, NJ, United States
Work Location
Mount Laurel, New Jersey, United States of America
Hours 40
Pay Details $25.75 - $38.50 USD
Line Of Business Personal & Commercial Banking
Job Description The Syndication Loan Specialist III manages the loan closing process for the syndicated loan portfolio and is accountable for the entire closing process from the time of loan approval through to post-closing, performing in-depth loan documentation reviews in accordance with Bank policies, procedures, and regulatory requirements while maintaining data integrity on bank systems.
Please note this position is HYBRID with an in office requirement 4 days per week in either our Mount Laurel NJ, Charlotte NC, or Haverhill MA locations.
Depth & Scope
Manages a loan pipeline from origination through to closing in accordance with Bank policies and procedures
Provides documentation and Bank policy and procedure guidance to all lending areas
Conducts searches and perform necessary due diligence
Ensures all applicable loan documentation is uploaded to image repository system
Resolves more complex issues relating to closings
Serves as a resource and assists with training Loan Specialists
May assist in performing supervisory tasks
Works independently and handles loans of the most complex nature along with heavily negotiated loan transactions ensuring all documentation are in compliance
Performs quality reviews on all complexity of loans to ensure data integrity
Performs documentation (standard and non-standard) review on all complexity of loans to reduce risk of loss and ensure policy and regulatory compliance
Verifies all quality control procedures are maintained and monitored
Ensures all loans are closed without critical, noncritical or regulatory exceptions
Ensures all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented and in compliance with bank policy
Manages/confirms TD changes are consistent with system requirements
Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors
Manages/takes appropriate actions to ensure loans are booked and properly set-up if necessary
Generate loan and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions
Establishes and manages relationships with applicable operations teams, relationship management team, credit offers and others as needed
Acts as liaison with bank counsel, compliance, asset based lending, leasing, government banking, derivatives, construction loan administration, brokers, international department, and various other parties to the loan as needed
Education & Experience
4-year degree or equivalent experience required
5+ years related experience required
Knowledge of specialized lending areas such as Small Business Administration lending, construction or syndicated loans
Proven ability to provide excellent Customer service to internal and external Customers
Excellent interpersonal, oral and written communication skills
Excellent PC skills with familiarity with standard office equipment
Ability to work in a fast-paced dynamic environment
Detail oriented, self-motivated and able to work independently in handling a heavy workload
Possesses strong organizational, analytical and decision-making skills
Demonstrated knowledge of loan documentation, title policies, appraisals, environmental assessments, entity formation documents and bank policies and procedures
Paralegal experience/knowledge needed. Paralegal certificate preferred
Preferred Qualifications
This role is Syndication/Participation specific to Commercial and Specialty Lending.
Strong knowledge, experience and understanding of all syndication loan documentation (Credit/Loan Agreements, Guaranty Agreements, Collateral documents)
Complete understanding of the syndication loan process and exceptional attention to detail.
Physical Requirements
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment – Continuous
Responding quickly to sounds – Occasional
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Squatting – Occasional
Bending – Occasional
Kneeling – Never
Crawling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
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Hours 40
Pay Details $25.75 - $38.50 USD
Line Of Business Personal & Commercial Banking
Job Description The Syndication Loan Specialist III manages the loan closing process for the syndicated loan portfolio and is accountable for the entire closing process from the time of loan approval through to post-closing, performing in-depth loan documentation reviews in accordance with Bank policies, procedures, and regulatory requirements while maintaining data integrity on bank systems.
Please note this position is HYBRID with an in office requirement 4 days per week in either our Mount Laurel NJ, Charlotte NC, or Haverhill MA locations.
Depth & Scope
Manages a loan pipeline from origination through to closing in accordance with Bank policies and procedures
Provides documentation and Bank policy and procedure guidance to all lending areas
Conducts searches and perform necessary due diligence
Ensures all applicable loan documentation is uploaded to image repository system
Resolves more complex issues relating to closings
Serves as a resource and assists with training Loan Specialists
May assist in performing supervisory tasks
Works independently and handles loans of the most complex nature along with heavily negotiated loan transactions ensuring all documentation are in compliance
Performs quality reviews on all complexity of loans to ensure data integrity
Performs documentation (standard and non-standard) review on all complexity of loans to reduce risk of loss and ensure policy and regulatory compliance
Verifies all quality control procedures are maintained and monitored
Ensures all loans are closed without critical, noncritical or regulatory exceptions
Ensures all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented and in compliance with bank policy
Manages/confirms TD changes are consistent with system requirements
Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors
Manages/takes appropriate actions to ensure loans are booked and properly set-up if necessary
Generate loan and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions
Establishes and manages relationships with applicable operations teams, relationship management team, credit offers and others as needed
Acts as liaison with bank counsel, compliance, asset based lending, leasing, government banking, derivatives, construction loan administration, brokers, international department, and various other parties to the loan as needed
Education & Experience
4-year degree or equivalent experience required
5+ years related experience required
Knowledge of specialized lending areas such as Small Business Administration lending, construction or syndicated loans
Proven ability to provide excellent Customer service to internal and external Customers
Excellent interpersonal, oral and written communication skills
Excellent PC skills with familiarity with standard office equipment
Ability to work in a fast-paced dynamic environment
Detail oriented, self-motivated and able to work independently in handling a heavy workload
Possesses strong organizational, analytical and decision-making skills
Demonstrated knowledge of loan documentation, title policies, appraisals, environmental assessments, entity formation documents and bank policies and procedures
Paralegal experience/knowledge needed. Paralegal certificate preferred
Preferred Qualifications
This role is Syndication/Participation specific to Commercial and Specialty Lending.
Strong knowledge, experience and understanding of all syndication loan documentation (Credit/Loan Agreements, Guaranty Agreements, Collateral documents)
Complete understanding of the syndication loan process and exceptional attention to detail.
Physical Requirements
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment – Continuous
Responding quickly to sounds – Occasional
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Squatting – Occasional
Bending – Occasional
Kneeling – Never
Crawling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
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