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Loan Originator

Job in Newark - New Castle County - DE Delaware - USA
Company: Veterans Sourcing Group
Full Time position
Listed on 2019-05-18
Job specializations:
  • Banking
  • Finance
    Accounting and Finance, Banking and Finance, Financial Services, Finance Graduate
Job Description & How to Apply Below
Position: Entry Level Loan Originator (Newark, DE)

Job Description

A global financial services company is seeking an Entry Level Loan Originator on a temporary-to-hire basis for their office in Newark, DE.

Responsibilities include but not limited to:

• Work on deal origination. This includes obtaining all the necessary information required to support a new deal and working closely with the deal transactors from company, attorneys, customers and investors to ensure a smooth closing

• Provide deal origination and execution support to Debt Capital Markets and Credit Risk Management.

• Initiate initial fundings on new deals and restructurings

• Initiate systems set up on all aspects of new deals, including investors and borrower funding details

• Manage the process of contacting investors and obtaining administrative information associated with new deals

• Review legal documentation and maintain within repository systems.

• Prepare loan book to provide to the client teams who will manage the deal on an ongoing basis

• Read and interpret complex legal loan documentation

• Coordinate closing of numerous transactions on the same day

• Initiate funds movements on complex closing transactions

• Initiate funds movement in accordance with client/investor instructions

• Work with external vendors to obtain loan identifiers and setup of market based pricing.

• Provide information as requested by Clients, Syndications or Lenders.

• Assist with any administrative tasks associated with the terms of the Credit Agreement

• Actively participate in working groups and provide input on how to improve current processes.

Requirements:

• Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute. (3+ years)

• Must be a team oriented individual.

• Must be highly organized with ability to manage a variety of tasks.

• Excellent communications skills oral and written.

• Strong interpersonal/client servicing skills.

• Strong analytical, problem solving and judgment skills

• General accounting knowledge

Company Description

Great opportunity to join an organization that is growing

Position Requirements
Less than 1 Year work experience
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