Specialized Lending Loan Closing Officer (LCO)

Specialized Lending Account Manager I (Loan Closing Officer LCO)

The Specialized Lending Account Manager I (Loan Closing Officer LCO) partners with the Relationship Officers, Portfolio Managers and the Syndication Team to facilitate the closing of new deals and subsequent amendments for syndications and participations where First Horizon Bank is either the Lead Bank / Agent or a Participant / Investor. The LCO ensures all documents support the approved credit request for a timely and well-coordinated closing. These facilities are extended to the Bank's largest and highest value clients and require individuals with strong business acumen, poise under pressure, impeccable customer service skills and excellent analytical and problem-solving abilities.

Responsibilities include collecting required due diligence for closing, verifying and funding the initial closing advances with associated balanced GL entries, collecting fees, advising the Bank Group of any closing activities, booking of new facilities and performing maintenance. The LCO is also responsible for arranging the imaging of loan documentation post-closing and assisting with clearing resulting loan exceptions.

Knowledge :

• Extensive understanding of syndication and participation concepts, i.e. pro rata shares, interest / fee accruals, takedowns etc.
• Complex syndicated and agented loan structures and documentation.
• General Ledger and reconciliation functions.
• Real Estate Due Diligence and Flood Compliance

Abilities :

Skills :

Education and / or Work Experience Requirements :

Hours :

Benefit Highlights :

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities