Location: New York, NY (Hybrid Working)
Salary: $200,000 – $250,000 + Discretionary Bonus
Employment Type: Full-time, Permanent
About the Opportunity
Our client, a leading international financial institution and top 20 syndicated lending bank, is seeking an exceptional Executive Director to lead their Loan Administration Unit. This is a senior leadership role offering the opportunity to oversee complex loan transactions and manage a high-performing team within a global banking environment.
The Role
As the Loan Administration Unit Head, you will oversee all loan transactions, staffing, projects, and deliverables across Agency, Bilateral, and Syndicated Loan portfolios. This is a critical position requiring strong leadership, technical expertise, and the ability to drive operational excellence.
Main Responsibilities Include:
- Ensuring accurate and timely loan transaction servicing across all portfolios
- Overseeing the review of loan documentation relating to opening, servicing, and closing of all loan transactions
- Delivering and maintaining clear and updated lending policies and procedures
- Enforcing strong controls to ensure data quality and efficiency of all transactions
- Providing strong leadership, training, and communication within the team to motivate and retain staff
- Leading effective communication with key stakeholders across Front Office, Technology, Finance, Treasury, Regulatory Reporting, and Audit
- Delivering top-tier customer service to all external and internal clients
- Maintaining and promoting an efficient and scalable operating model aligned with industry best practices
Key Duties and Responsibilities
Transaction Management
- Credit Agreement review and booking
- Initial Loan Drawdown, including funding and settlement
- Loan Rollovers and Interest payments
- Loan Repayments and Fee Management
- Commitment and Credit Application Limit Management
- Communication with Borrowers, Lenders, and Agent Banks
- Invoicing and Notices related to all loan activities
- Loan System booking, controls, and reconciliation
- Exception and control report monitoring
Leadership & Governance
- Effectively manage all audits and close required audit and risk issues in a timely manner
- Provide leadership for all team projects and ensure timely completion
- Direct and manage ACBS to Loan IQ conversion and migration processes
- Uphold professionalism, quality, and efficiency standards
- Implement and monitor internal controls to minimize operational risk
- Oversee staff training and development programs, including performance management and career progression
- Execute business plans and ensure delivery of key objectives
Strategic Operations
- Build and maintain productive relationships with external and internal stakeholders
- Conduct comprehensive reviews of workflows, procedures, and systems to promote effectiveness and risk mitigation
- Maintain robust information and data quality controls
- Stay informed about market trends, industry developments, and technological advancements
- Ensure adequate staffing and cross-training to prevent service disruptions
- Review and approve all business resiliency plans
Essential Requirements
- 10+ years of experience in loan operations and team management at a top 20 syndicated lending bank
- Four-year college degree (Bachelor’s level or equivalent)
- Hands-on experience with loan operating systems including ACBS and LoanIQ
- Prior involvement in Loan IQ system migration projects
- Experience with specialized lending products including:
- Asset securitization
- Asset-backed lending
- Leasing and CLOs
- Project finance and real estate
- Loan trading and loan agency term loan B
- Strong industry knowledge and professional network
- Excellent communication and writing abilities
- Proven organizational and leadership skills
- Ability to identify and resolve problems efficiently and escalate emerging risks
What’s on Offer
- Competitive base salary of $200,000 – $250,000
- Discretionary annual bonus
- Comprehensive benefits package including Medical, Dental, and 401K plans
- Hybrid working arrangement with flexible remote work opportunities
- Opportunity to work for a leading global financial institution
- Career progression within a major international banking group
About the Employer
Our client is one of the world’s largest financial institutions, ranked 15th globally with approximately $2 trillion in total assets. With 60,000 employees worldwide operating across 35 countries and 800 offices throughout the Americas, EMEA, and Asia, they offer comprehensive corporate and investment banking services. Their Americas division employs approximately 3,500 professionals with capabilities spanning corporate and investment banking, capital markets, and trading.
To Apply: Please submit your CV in confidence. All applications will be handled with complete discretion.
Our client is an Equal Opportunity Employer committed to diversity and inclusion. They participate in E-Verify and maintain a drug-free workplace.