Sr. Mgr, Specialty Finance Operations

Synovus•Montgomery, FL

About The Position

Establishes strategic initiatives to drive efficiency and ensure accuracy in the relationships with Global One Underwriters, Specialty Finance and Structured Lending Partners and Directors, customers and other related parties. Leads operational review of internal/external documentation and deal structure of specialized loans to insure adherence to established loan procedures. In collaboration with senior leadership, will assess, develop, and recommend improvements to processes and procedures, keeping them current as business needs or regulatory requirements update. This incumbent will lead the implementation of proper procedures for SFD account maintenance, monitoring, and coordination of account activity with finance, accounting, loan review and senior management. Serves as subject-matter-expert providing guidance and support to less experienced team members. The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment..

Requirements

Bachelor's Degree in Finance, Business Administration or related field or an equivalent combination of education and experience
Eight years of comprehensive lending/banking experience.
Advanced knowledge of banking, commercial banking, corporate banking, loan syndications, participations and letters of credit
Strong analysis and administration skills with proven ability to draw conclusions and provide clear, concise assessments/analysis to senior management
Ability to manage and prioritize multiple responsibilities and deadlines
Advanced knowledge of applicable operational functions, systems, policies and procedures.
Ability to apply sound logic and judgment when making decisions
Results oriented, accountable, motivated and flexible
Proficiency using Microsoft Office software products including Microsoft Word, Excel, Outlook, PowerPoint and Project

Responsibilities

Supports new product development integration for Specialty Finance to allow for product launch of new initiatives including but not limited to White Label Loan to Own Equipment Finance and others.
Establishes key process performance metrics and goals. Using statistical methodology, develop systems and procedure models for process improvement regarding operational workflow (including optimizations of efficiency and cost effectiveness).
Provides oversight and risk identification for all Specialty Finance operations to include G1 operational onboarding and integration.
Responsible for refining and managing the process with deal Team members (Global One, Structured Lending, and Asset-Backed Lending) leads onboarding and review of new transactions. May review loan documents to ensure documentation is approved and in compliance with Loan Approval documentation. Establishes and monitors loans in FIS.
Assess loan documentation processes and packages for alignment with authorizations, funding calculations, amendments/waivers, etc., coordination with agent banks, processes transactions and post-closing packages, review daily, monthly, quarterly, annual and ad hoc reporting to determine value to the business needs.
Analyzes credit agreement for establishments of new loan set-ups in accordance with the loan documentation. Monitors and processes all fees, principal, interest, rate changes, Letter of Credit issuances, L/C draws, modifications, releases, and waivers, over the life of the loan.
Investigates and reconciles discrepancies. Resolves and/or escalates irregular transactions or missing data as needed. Performs reconciliation of Loan Control, coordinating with the reconciliations department as appropriate for clearing related open items.
Responsible for creating process and service related enhancements for the LOB as it relates to the to the wire/ACH polices. May initiate and releases wires/ACHs for new and subsequent loan fundings in accordance with appropriate approval request process and wire policy.
Assists the business, management and team members in understanding and addressing all applicable laws and regulations; monitors Specialty Finance functions for compliance with Sarbanes-Oxley documentation.
Review and assess Wholesale Banking Specialized Lending data and security/access associated with the data, and access to internal and external systems used, as well as processes for protection and release of protected data, process for authorized signers and changes.
Serves as subject-matter-expert resource providing training to less experienced team members and assists management with work distribution and prioritization as requested.
Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
Performs other related duties as required.