Location:1000 South McCaslin Boulevard - Superior, Colorado 80027-9437
ABOUT THE JOB (JOB BRIEF)
The position will be responsible for managing a portfolio of loan facilities
associated with the Specialty Finance Lending ("SFL") portfolio, as
assigned by the SVP Head of Originations, and will include facilitating a
range of operational activities relating to the on-going management; risk
monitoring ; loan administration; account maintenance; and customer
service. Job responsibilities will involve taking a lead role on variety of
operational activities (based on prior experience and skill level) and a
supportive role on some business development activities in collaboration with
the SFL business development team. The operational activities will include
facilitating and managing due diligence, transaction documentation, loan
closing & booking, advances/paydowns, interest and fee accruals and
settlments; loan convenant and borrowing base compliance; performance
monitoring; monthly servicer report reviews, account maintenance;
drafting & submitting credit proposals; general troubleshooting as
necessary; direct interfacing with clients and co-lenders; and some
business development activities associated with existing clients and new
busine
ESSENTIAL JOB FUNCTIONS
The candidate for this position is expected to develop a thorough knowledge
and understanding of the client's business, as well as the loan structure
and operational mechanics of each assigned loan facilities so as to act as the
primary client & investor interface relating to the pre- and post-close
activities, including but not limited to the following:
Loan documentation preparation; Loan closing & boarding
Borrowing Base/Monthly Servicer report preparation
Periodic review and analysis of borrowing base and servicer reports;
Review & approval of period Advance/paydown requests
Periodic (monthly/weekly) settlement of principal, interest, and
fees with client and investors;
Coordinating and preparing loan facility renewals; amendments & waivers;
periodic audits; requests for increases in facility exposures; and other
tasks assigned by the SFL Operations Manager.
Assist the SFL Sale Personnel, in a lead or supportive role, in developing
and implementing the appropriate strategy for closing and managing loan
activity associated with either amendments; renewals; waivers; as well
as other facility changes for new and existing customer accounts.
Assume a lead role in coordinating and managing all on-going account
management activities in collaboration with personnel from various internal
departments, as well as several external entities, including (but not
limited to):
Internal Departments:; SFL Originations Teams; SFL Sales; Pricing;
SFL Underwriting/Portfolio Management; SFL Syndications, ; KeyBank
KTO/Loan Servicing; KeyBank Derivatives Dept.; KeyBank Electronic
Commerical Payments (ECP), and various other departments within KeyBank.
External Parties: Borrowers/Clients; Co-Lender Banks ;External
Counsel; Back-up Servicers; Custodians and Collateral Trustees; and
Third-party Auditors.
Participate in various pre- and post closing due diligence tasks relating to
new and existing finance facilities, including:
coordinating and developing detailed due diligence scopes and agendas;
completing and reviewing annual audits; and preparing summary due diligence
and annual audit reports for management.
Communicate all audit results to management and advise accordingly as to any
current or potential issues or areas of potential operational and/or credit
risk.
Help facilitate the underwriting process of new and existing customer accounts
by collecting and analyzing operating; financial; and market
data/information on the client and portfolio as requested by SFL
Underwriting & Credit. This includes completing and submitting various
credit underwriting support documents, as requested by management, to SFL
Underwriting & Creditfor final decisioning.
Collaborate with various SFL; and other KeyBank departments and personnel to
manage and complete all legal documentation; closing and post-closing
account administrative activities for both new and existing finance/loan
facilities, including (but not limited to):
Coordinate, draft and close various new transactions; renewals, loan
increases, amendments, waivers, and modifications on existing loan facilities.
Process and facilitate various other Client requests as requested, including
the structuring, pricing and submiting of completed credit packages to SFL
Underwriting for decisioning,
Coordinate drafting, review, and execution of legal documentation loan &
security agreements; trust agreements; custodian agreements; depository
account control agreements; servicing agreements; etc.
Coordinate closing and funding procedures, as well as periodic advance
requests on assigned loan facilities.
Assist in establishing and managing lockbox structures, DDA accounts; as
well as collateral and cash management procedures.
Develop and prepare post-closing Account Management Plans (AMPs).
Coordinate and manage the fulfillment of periodic advance/paydown request;
settlements of principal, interest and fees; wire transfers; and the
delivery and accuracy of periodic reports to banks/investors and management.
Coordinate the periodic review of servicer reports; investor settlement
reports; financial statements and reports; and borrowing base certificates
& reports to insure timely adherence with the facility requirements and
covenant compliance, and Loan availability. Provide written reports, and
presentations to management; clients; investors and other Key Bank
departments outlining any trends or areas of potential operational and/or
credi
Manage all direct communications with bank/investor participants as needed
on all settlements of principle balances; interest and fees; borrowing
base reports; servicer reports; annual audits; post-closing items; and
any other on-going servicing issues that arise.
Assist the SFL Syndications Team, in a lead or supportive role, in the
closing... For full info follow application link.
