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Borrowing Base Specialist

Borrowing Base Specialist

Jefferies Financial GroupJersey City, NJ, US
11 days ago
Job type
  • Full-time
Job description

Loan Operations AVP / VP Borrowing Base Specialist

The Borrowing Base specialist within the Syndicated Loans team will build and maintain funding structures. Your responsibilities would include, but are not limited to :

  • Reviewing draft, and ultimately executed, credit agreements
  • Build deal, facility, and loan into LoanIQ
  • Maintain funding structures manually until automation is live
  • Work with project management to incorporate into our existing Borrowing Base Portal and automate the collateral for each structure
  • Provide Borrowing Base certificates to lenders at month ends and additionally when dictated by terms of credit agreement
  • Remit interest payments to lender at month end
  • Assist with generation of overall warehouse to initiate waterfall logic across all funding structures
  • Ad-hoc tasks as needed related to business activity

Desirable Qualifications :

  • Minimum 3 years of relevant experience
  • Thorough knowledge of Finastra LoanIQ and how to operationally process secondary loans, CLO, TRS
  • Strong attention to detail, strong written and verbal communication skills
  • Proficient in Excel (especially Pivot Tables and VLOOKUP)
  • Team player, proven ability as a self-starter, ability to think quickly under pressure
  • Primary Location Full Time Salary Range of $120,000 - $140,000.

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    Specialist • Jersey City, NJ, US

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