Agency Loan Administrator- Associate - Mizuho Bank

Summary  

The Loan Administrator is responsible for ensuring accurate and timely administration / servicing of the Bank's loan portfolio; ensures daily activity comply with state and federal laws, regulations and Bank lending policies and procedures; ensures department activities run smoothly; and provides a high level of customer relations and service 

LAU Associate will assist in all phases of new Agency deal closing process wherein Mizuho’s role is as Administrative Agent or direct lender. This includes providing expertise and guidance during pre-closing meetings, reviewing and providing comments on credit agreement and other closing documentation, coordinating funds flow, fee allocations and disbursement of funds and lender notification, and building deal in lending system. Attention to detail is imperative especially with complex transactions (i.e Project Finance, Securitization, etc.) 

LAU Associate will have exposure to and will handle various products such as ABL, equity fund finance and residential mortgage. 

PRINCIPLE DUTIES AND RESPONSIBILITIES: 

General Duties 

• Act as Mizuho LAU representative in coordinating transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other parties 

• Manage the administrative aspect of all New Deal Closings. Calculating, invoicing and disbursing all deal related fees. Coordinating movement of funds related to initial funding and closing. Work closely with Borrower and Bank Group. 

• Report to Management, Supervisors and Account Officer all transactions that require special handling or approval. 

Credit Arrangement Maintenance 

• Independently manage administrative processes for complex loan deals as administrative agent, bilateral lender 

• Provide consultative support to Account Officers on operational deal structure issues 

• Review Document and Term Sheet / CA Booking Request in order to compare loan documentation to Credit Approval and ensure that the structure and content are identical; and to create or maintain Accurate Credit Arrangements in ACBS 

Commercial Loan Maintenance 

• Responsible for the daily maintenance of the commitment facilities including: monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepayments. 
• Calculate, invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective. This includes agency and amendment fees as well as all monthly and/or quarter end activity. 

Reconciliation 

• Act as a trouble-shooter for deal management related problems 

• Communicate with treasury to confirm discrepancies in funding rates 

• Interact with customers for all cash movement activity 

• Reconcile statement to ledger entries 

Others 

• Participate in various short-term projects to maintain data integrity 

• Maintain filing and billing 

Exception Duties (As requested by UH) 

• Perform periodic data integrity checks 

• Duties as assigned 

• Undertakes special projects, and assumes other duties, as assigned, completing such tasks on time. 

Compliance 

• Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division. Attend Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank’s “Code of Conduct”. 

• Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection. 

QUALIFICATIONS

• Two to four years of experience with the management of loan products. 

• Experience with loan operating systems: ACBS, LoanIQ 

• Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary) 

• Experience with compliance in a lending area 

• Experience with collateral evaluation procedures 

• Proficient in management of lending products 

• Be thorough and accurate and demonstrate attention to details 

• Competent written and oral communications skills 

• Organizational skills and to work well under pressure 

• Ability to identify and solve problems Knowledge of payment (FED, CHIPS, SWIFT) 

The expected base salary ranges from $74,000 - $80,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.