Credit Loan Officer - (160499)


Location:

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Summary:

Firm is currently seeking a candidate for the position of Credit Loan Officer to join our Firm Commercial Finance ("ACF") Group in the Los Angeles office. The candidate will be responsible for all aspects of credit as well as relationship management. This position on occasion assists with the underwriting process. Significant responsibilities include on-going account and credit administration; credit, collateral, financial and projections review; portfolio trend analysis; reporting and covenant compliance; credit modifications, audit review, and problem loan identification / management. This position has daily visibility with senior management within Firm and regularly interfaces with outside counsel, equity sponsors, industry professionals; Firm Collateral Analysts and Firm borrowers.

The ACF platform provides asset-based and cash flow loans to small and middle-market companies across a wide breadth of industries including manufacturing, distribution, wholesale and services, as well as asset-based facilities to specialty finance companies. Our team uses a combination of specialized credit and collateral monitoring to provide clients with flexibility and greater credit availability. ACF has the ability to structure and agent deals to support the growth and changing capital needs of its clients.

Our asset-based lines of credit may be structured as working capital financing, special accommodation financing, turnaround financing, debtor-in-possession financing, acquisition financing and specialty lender financing.

ACF is headquartered in Tarrytown New York, with offices in Atlanta and Los Angeles.. As of June 30, 2015, ACF has 48 investment professionals and support staff dedicated to these products. The senior investment professionals of ACF have on average more than 25 years of experience in commercial finance and asset-based lending.

The following highlights ACF’s Direct Lending strategy:

  • Leverage the power of the Firm and Direct Lending platforms
  • Multi-asset class “one-stop” solutions to meet clients’ needs
  • Ability to rotate between asset classes with superior relative value
  • Drive proprietary investment opportunities by pursuing multiple origination channels across various regions within the United States
  • Active management of risk through structuring and asset coverage
  • Agent transactions with careful monitoring of liquidity and performance
  • Small deal teams with single point of contact
  • Transparent and streamlined approval process with certainty of closing
Primary Function & Essential Responsibilities:
  • Manage and administer a portfolio of Firm loan relationships in accordance with Firm policy, procedure and Risk Asset Acceptance Criteria (“RAAC”) guidelines. 
  • Daily account administration, including collateral and credit monitoring; review and approving daily advance requests, monitoring borrowers’ on-going operating and financial performance; managing monthly receivable verification process; identifying negative financial and operating trends; preparing periodic financial reviews and projections; maintaining credit and related files; monitoring and resolving documentation and financial exceptions.
  • Review monthly cash reconciliations and trend card prepared by the operations staff.
  • Prepare annual credit review and periodic credit requests on portfolio of loan relationships.
  • Review of documentation of contract amendments and waivers.
  • Manage and review collateral audits on the portfolio of accounts and new credits.
  • Assist the underwriter with the initial credit review and loan underwriting process, as “second set” on the transaction.
Qualifications:
  • Education:
    • Bachelor’s degree from a four year college or university required
  • Experience Required:
    • 10 years of asset-based lending experience with 5 years as a loan officer; strong computer skills
  • General Requirements:
    • Self-starter, exceptional communication and organizational skills necessary
    • Ability to work independently as well as with “the team”
    • Excellent oral and written communication skills and computer literacy
    • Knowledge of Microsoft Windows, Word, Excel, Outlook
Please Email:

revi@wallstreetpersonnel.com and attach your resume.

 

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