Technical

Job Description:

• External FSL Operations supports Client’s FID Secured Lending (FSL) business and executes all operational functions across the loan life cycle for the business’s warehouse and other secured credit facilities that are backed by collateral including mortgages, hard assets, and equity pledges. FSL Operations manage primary origination, syndication, collateral management, and loan servicing across all FSL asset classes and partner with both external clients and internal stakeholders (FSL Business, Asset Management, Financial Controllers, Credit, and Legal) to ensure that operational functions and risk are managed effectively.

Core responsibilities include the daily management of the below functions:

• Review of relevant credit and closing documentation to build out bilateral and syndicated loan facilities in internal booking systems
• Daily loan servicing including borrowing/funding requests, settlement/paydown processing for bilateral and syndicated facilities
• Collateral review and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions. Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line.
• Borrowing base management: monitoring warehouse line expiration dates, advance limits, collateral eligibility, and deficiencies; coordinate with client and Business Unit as needed. Where applicable, coordinate with Credit and Business Unit on temporary exceptions.
• Daily review of exception/break reports and taking appropriate actions to resolve
• Preparation and distribution of periodic interest & fees invoices
• Fielding other ongoing/ad hoc inquiries/requests from clients.

Required:

• Previous experience in institutional lending operations
• At least 3-5 years of relative experience
• Ability to work in a fast-paced environment, both independently and as part of a team
• Demonstrate ability to learn quickly with strong flexibility in regard to the duties assigned and problem solving skills.
• Excellent verbal and written communication skills

Nice To Have:

• Experience with Loan IQ
• Knowledge in warehouse lending and collateral, or residential and consumer lending