VP - CMBS Credit/Deal Life Cycle Manager

New York, NY 10020

Post Date: 06/22/2018 Job ID: 3091097 Industry: Analyst

The Deal Life Cycle Management Senior Analyst for REF is a M/O SME responsible for collaborating mainly with Real Estate Business Line, Operations Management and other support functions to ensure optimal support, customer service, risk management and process improvement.

Responsibilities include:
  • Be involved across all the major steps of the Credit Process: Pre-closing and closing of the facility; and client processing and deal monitoring and Repayment.
  • Process syndication and CMBS Securitization
  • Ensure a role of expertise and technical support to the front office;
  • Check that operations comply with internal requirements; process and improvement coordination and execution
  • Monitor and analyze collateral activities and maintain appropriate level of operational risk control
  • Coordinate across all the teams (Operations, Legal Department, Risk Department, Finance, IT, BPO, Front Office; Compliance; Servicer and Capital Markets for REF deals)
  • Daily contact with the clients, brokers and vendors to process financing requests
  • Assist on process and improvement coordination and execution

The main tasks include maintaining a portfolio of committed and uncommitted client files, enforcing established procedures, monitoring risks, employing sound practices that will ensure a high level of service to both internal and external customers of the bank.

  • Assist FO and attend pre-closing meetings for new deals when needed.
  • Review credit agreements and ensure that they comply with the with credit approvals and translate it into a booking memo for new deals and amendments for portfolio and CMBS loans.
  • In case of discrepancy with the credit approval, ask for a waiver to FO.
  • Ensure that all CPs are met before a funding is processed
  • Facilitate the booking of credit insurance and issue an Insurance Booking Memo.
  • Control that the facility is properly booked in ACBS and /or Summit and inform the relevant team in Operations (Loan Servicing Group; LC team or Global Market) in case there is any deviance from the Booking Memo.
  • Set up the covenants in Safram and the collateral in the collateral module in ACBS.
  • Ensure that internal procedures related to financial crime risks prevention (KYC, AML, Sanctions and Embargo, Anti-boycott, Vessel /OFAC checks) are followed when processing daily transactions.
  • Setup spreadsheets for payments and fundings, and process funding, invoicing, and payments.
  • Work closely to the Origination, Global Markets teams and Servicers during syndication / securitization phase.
  • Work with Treasury to fund fixed rate loans and lock TCI.
  • Calculate insurance premiums and ensure that calculation and payments are processed as per insurance certificate requirements.
  • Monitor covenants, perform past due follow up and work closely with the servicer and the BPO teams to ensure that covenants are updated in a timely manner and when they are not received on time contact client or agent banks.
  • In case of failed covenants, ensure that FO and Credit Risk Departments are aware.
  • Work closely to BPO team to have bank s exposure accurately booked in ACBS for participated deals.
  • Ensure compliance with regulatory requirements such as collateral reporting.
  • Ensure that facilities are repaid as per facility and credit approval requirements.
  • Maintain close connection with the business, GFO Ops teams, outsource providers, internal support/control group colleagues to improve processes.
  • Strategize with supervisor to optimize process & controls, automation and use of staff across FTEs, temps, outsource providers.
  • Monitor and proactively seek to minimize operational risks.
  • Proactively identify process improvements and work with support teams (IT, other ops team members) and implement necessary changes.

  • Previous experience (5-10 years) with commercial lending and asset financing support management at a commercial bank in Real Estate Space is essential.
  • Good understanding of financial statements with a level of comfort in calculating and interpreting financial ratios.
  • Intermediate user of MS Office applications: Excel, PowerPoint.
  • Working knowledge of the systems utilized by the bank is preferred: ACBS, Storm, SAFRAM, Cash Plus, LoanIQ, Summit
  • Undergraduate degree in Finance or related business field.
  • Excellent written and verbal communication skills with the ability to interact and work closely with business stakeholders at all levels of seniority.
  • Ability to work effectively in a team environment, while self-motivated with the ability to work independentlyInnovative mindset and able to improve processes to minimize risk and increase efficiency.
  • The ideal candidate is organized, proactive, highly motivated, always exhibits professional conduct and possesses the skills to remain calm under pressure.

Harris Friedell

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