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Account Manager, Loan Agency Services Team - Associate

Deutsche Bank
Jacksonville, United Statesfull_timeVerifiedPosted 18 Sept 2024
💰 $90,000/yr($50,000/yr$90,000/yr)

About the role

Job Description:

Job Title: Account Manager, Loan Agency Services Team

Corporate Title: Associate

Location:

Overview

As the Account Manager in the Loan Agency Services Team, you will provide loan agency services on a diverse portfolio of syndicated loan project finance/structured finance transactions including asset / project financings construction bridges, syndicated loans, international cross-border financings, and broadly syndicated bank loans export credits in the energy, infrastructure, oil & gas, and telecom sectors.  Our team acts in a ‘middle-office’ capacity servicing as private label administrative agent, named facility/administrative agent and collateral agent on a wide portfolio of deals, originated both by Deutsche Bank and third-party institutions. Our unique support provides clients with scalability and flexibility to support their business as they leverage our experience in loan syndication and loan technology.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  • Educational resources, matching gift and volunteer programs

What You’ll Do

  • Manage a wide range of loan transactions for international and domestic clients, varying in complexity. This will require extensive use of the Loan IQ platform.  Roles include account bank, collateral agent, administrative agent, trustee, and intercreditor agent
  • Monitor daily workflow including clients scheduled activity and emails to ensure that all transactions and responses are completed within the appropriate timeframes
  • Identify, receive, transfer, invest and disburse trust and agency funds pursuant to the terms of the legal contracts (investment using internal and external investment firms, money movement via Fed Wires, Swift and ACH; approval of payments). Monitor transactions to verify borrower compliance with governing documents including provisions related to budget, base case, insurance, security arrangements, Events of Default and reporting requirements
  • Review and approve disbursement requests, monitor draw procedures, manage flow of funds mechanics and internal loan administration. Responsible for processing amendments, waivers and consents requests. Manage day-to-day borrower, customer and lender queries relating to loan positions, interest, fees, accruals, payments, and trading to ensure satisfactory resolution. Manage all interactions between borrowers, lenders, independent engineers, legal counsels and internal units
  • Work with Transaction Management Group to ensure that all new transaction documents are finalized to clearly reflect Project Finance Agency Services team’s roles and duties
  • Manage portfolio in compliance with operational policies, procedures and metrics. Participate in workout or restructuring situations. Prepare periodic administrative reviews of entire portfolio

Skills You’ll Need

  • Bachelor’s Degree, preferably in Business, Finance, Accounting, or Economics combined with relevant finance industry experience
  • Strong knowledge of syndicated loans, administrative agency procedure and Loan IQ platform
  • Awareness of risk controls
  • Ability to read and understand credit agreements

Skills That Will Help You Excel

  • Effective decision making skills and ability to meet strict deadlines
  • Excellent PC skills to include experience with MS Word, Excel, and PowerPoint
  • Ability to work independently and handle heavy volume within deadlines

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville office in accordance with the Bank’s hybrid working model. 

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in Jacksonville is $50,000 to $90,000.  Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.  Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs hav

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Company

Deutsche Bank

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