Commercial Loan Participation & Syndication Specialist

Sunflower Bank, N.A.•Plano, TX

27d

About The Position

The Commercial Loan Participation & Syndication Specialist is responsible for processing all transactions for participated and syndicated loans in the Bank’s portfolio. This individual provides accurate, clear and timely notification to participant and syndicate banks. The Specialist books new, renewed, and modified participation and syndication loans in loan accounting software and acts as our primary contact and subject matter expert for bank employees and participant and syndicate bank employees.

Requirements

Bachelor’s Degree in a related field or equivalent work experience.
Minimum of 5 years of participation and syndication processing experience required.
Able to review and comprehend complex legal documentation and lead bank notices to translate to loan accounting system.
Technical training in computer systems, banking applications and lending.
Must possess exceptional detail and organizational skills.
Mus possess excellent time management skills.
Excellent oral and written communication skills.
Able to work closely with all levels of bank employees to create productive working relationships.
Must be able to work flexible hours.

Nice To Haves

SNIC processing and reporting preferred.
Demonstrated agency-side experience.

Responsibilities

Serve as primary contact for participant and syndicate banks.
Process monetary transactions as directed by lead banks.
Process and notify participant and syndicate banks of disbursements, payments, and rate changes posting to loans within the required timeframe and manner of communication as outlined in loan documentation.
Remit funds to participant and syndicate banks using bank wire software.
Book all new and renewed participation and syndication loans in loan accounting software.
Track and report SNIC loans.
Create, update and maintain procedures and templates/forms for all tasks performed in this position.
Assist with training additional team members to support this position.
Assist with Commercial loan booking if/when the need and time/volumes permit.