Loan Syndication Officer

City National Bank • Phoenix, AZ

7d

About The Position

The Loan Syndication Officer administers and services syndicated and participated loan activity. The role boards and maintains facilities, including commitments, notes, collateral, guarantors, accounts, and fees; ensures loan packages meet regulatory, audit, Sarbanes-Oxley, and bank policy requirements; and performs maintenance, calculations, and adjustments for complex interest and fee accruals. The officer establishes lead-agent relationships with members and participants, verifies and funds incoming requests from agent banks, and services structured financing and participation loans in accordance with contractual agency requirements.

The position manages funding, fees, interest, revenue reconciliation, participant distributions, tax withholding documentation for foreign borrowers, and customer or agent-bank inquiries. It administers complex production loans, including interest and fee reserves, renewals, modifications, and maintenance transactions; supports non-dollar-currency loans and coordination with International for hedging as needed; and assists with audits. The role also maintains servicing files, follows applicable industry requirements, and complies with bank policies and regulatory obligations, including the Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, and Code of Conduct.

Requirements

• At least 5 years of commercial loan servicing, syndication, participation, and trade finance loan experience.
• At least 5 years of agency or structured financing operations experience.
• At least 2 years of experience using Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook.
• At least 5 years of commercial loan servicing experience, including at least 2 years specializing in structured financing operations.
• At least 5 years of AFS or Metavante experience.
• Complete knowledge and understanding of structured syndications, participations, and production loans.
• Strong problem-solving skills and extensive knowledge of financial calculations.
• Excellent interpersonal, verbal, and written communication skills.
• Ability to work independently with minimal support.
• Computer skills using Windows, Excel, and mainframe applications.

Nice To Haves

• Working knowledge of foreign currency transactions and interest derivative contracts.

Responsibilities

• Service structured financing and participation loan activity while conforming to agency relationships specified in contracts.
• Understand documentation for participations and syndications, including complex loan and credit agreements.
• Ensure foreign-borrower tax withholding requirements are met and monitored, with appropriate documentation maintained.
• Verify and fund incoming funding requests from agent banks in a timely manner.
• Calculate, prepare, submit, and collect LIBOR breakage costs from agent banks or borrowers, as applicable.
• Receive and account for fees, charges, and interest; reconcile revenue items; coordinate transaction reconciliations with agent banks when necessary; and distribute income to participants.
• Ensure regulatory compliance across loan servicing activities.
• Resolve customer and agent-bank inquiries and disputes through troubleshooting and research.
• Recommend system enhancements and streamlined processing functions to the Accounting Manager.
• Research and resolve accounting inquiries, including interest adjustments, breakage costs, fees on unused commitments, and repricing options.
• Administer complex production loans, including maintenance of interest and fee reserves, and communicate applicable industry requirement changes to appropriate personnel.
• Board facility records on the system, including accounts, commitments, notes, and fees; process renewals, modifications, and maintenance transactions.
• Make fee and interest waiver decisions when warranted and within established guidelines.
• Handle loans denominated in non-dollar currencies and work with International on spot or future hedging contracts as needed.
• Assist with audits relating to the Syndication and Participation Desk.
• Maintain servicing files for each account and file documentation in a timely manner.
• Maintain a proactive commitment to bank programs such as the Community Reinvestment Act and Affirmative Action.
• Comply with bank operational and credit policies, procedures, and regulatory requirements.

Benefits

• Medical, dental, and vision coverage available the first of the month following the start date.
• Generous 401(k) company matching contribution.
• Tuition reimbursement and internal upskilling and training resources.
• Vacation, sick, and volunteer time.
• Fertility benefits and cancer, diabetes, and musculoskeletal support programs.
• Career mobility support from a dedicated recruitment team.
• Colleague Resource Groups for networking and community engagement.
• Eligible for bonus and/or commissions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed