Manages client relationships and daily administration of assigned Global Capital Markets (GCM) syndicated loan accounts of varying complexity and importance, including all administrative, operational and risk management activities for GCM transactions. Serves as main point of contact with the client and internal and external service partners to follow short and long-term strategies to achieve sustainable earnings growth and compliance with Bank and Division strategic plans. Manages daily administration of assigned transactions, including delivering exceptional service to clients, ensuring all internal controls are satisfied. Works with internal partners as appropriate.
Wilmington Trust’s Loan Agency team is a leading provider of Administrative Agent services. The business has continued to grow organically with strategic client relationships and the need for additional staff is to support new business.
Primary Responsibilities:
Monitor relevant administrative and operational systems, databases and activity related to accounts of moderate to significant intricacy, complexity and level of risk, to ensure accounts are setup and operating within established policies, procedures and guidelines.Review, analyze and provide comments to counsel related to negotiation and drafting of operative documents and agreements for assigned accounts.Coordinate activities related to monitoring risks and ensuring regulatory compliance for assigned accounts with Legal, Risk, Compliance and/or Audit as required.Help close loan transactions, calculate payments and interest and approving wire transfers.Research and resolve issues related to control and client service aspects of assigned accounts in a timely manner to maintain customer satisfaction, working with appropriate internal and external resources as required.Work with external parties, including attorneys, financial advisors, interested parties and alliance/service partners, to structure and close GCM transactions in a timely manner.Complete various account administration activities of moderate to significant intricacy, complexity and risk including, timely cash flow execution and fee billing, internal and external reporting and tickler processing. Participate, along with GCM Sales, in sales calls to current and prospective clients, either in-person or over the phone and prepare fee proposals to support new business opportunities. Evaluate fees for suitability and conformance with fee schedules. Partner with Fee Billing to monitor and timely collect aged receivables.Manage relationships, cultivating current and prospective clients and referral sources to uncover opportunities and potential sources of new business including representing GCM at transaction closings, attending and chairing client meetings and presentations and preparing relevant documentation to support the attraction, retention and expansion of client relationships.Identify areas, based on transaction knowledge and fees charged, where revenues can be increased by charging additional fees when services change; advise management of these opportunities. Implement approved fee increases, fee discounts and waivers as identified or instructed and per established controls and procedure.Provide coverage and support for other Relationship Mangers within assigned Section/Unit as required by absence.Represent GCM and/or lead departmental projects and Corporate initiatives on a periodic basis.Assist management with the development and operation of business products and processes.May supervise and/or mentor less experience associates.Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.Promote an environment that supports diversity and reflects the M&T Bank brand.Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.Complete other related duties as assigned.Location can be any M&T hub, including Minneapolis, MN, New York, NY, Wilmington, DE, Baltimore, MD, and Dallas, TX
Education and Experience Required:
Bachelor's degree and a minimum of 2 years’ client service experience in Global Capital Markets products or markets, corporate trust and syndicated loans OR in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 2 years’ client service experience in Global Capital Markets products or marketsExperience with Loan Agency or LoanIQHigh level of proficiency with personal computers as well as pertinent softwarePrior experience reading, analyzing and interpreting legal documentsPrior experience calculating amounts such as discounts, interest, commissions and percentagesFamiliarity with corporate structures, relevant laws and regulationsProven problem-solving skillsStrong verbal and written communication skillsStrong analytical skillsEducation and Experience Preferred:
CCTS (Certified Corporate Trust Specialist) certificationWorking knowledge of pertinent specialized internal software applicationsDemonstrated sense of ownership in jobs or projectsM&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $87,073.45 - $145,122.42 (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationChicago, Illinois, United States of America