SUMMARY
The Loan Administrator is responsible for ensuring accurate and timely administration / servicing of the Bank's loan portfolio; ensures daily activity comply with state and federal laws, regulations and Bank lending policies and procedures; ensures department activities run smoothly; and provides a high level of customer relations and service
PRINCIPLE DUTIES AND RESPONSIBILITIES :
(1) GENERAL DUTIES
- Act as Mizuho LAU representative in coordinating transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other parties
- Manage the administrative aspect of all New Deal Closings. Calculating, invoicing and disbursing all deal related fees. Coordinating movement of funds related to initial funding and closing. Work closely with Borrower and Bank Group.
- Report to Management, Supervisors and Account Officer all transactions that require special handling or approval.
- Receive and review Agent faxes for booking to ACBS
- Review Closing package (Loan sales, purchase agreement, Funding Memo, etc), ,and process Loan Trading settlement in ACBS
Credit Arrangement Maintenance
- Independently manage administrative processes for complex loan deals as administrative agent, bilateral lender
- Provide consultative support to Account Officers on operational deal structure issues
- Review Documents in order to maintain Accurate Credit Arrangements in ACBS
Commercial Loan Maintenance
- Responsible for the daily maintenance of the credit facilities including: monitoring borrowing status, prepare new borrowings, rollovers, rate sets, conversions, repayments and prepayments.
- Interact with Treasury on rate settings for foreign currencies and USD loans
- Responsible for verifying integrity of transaction
- Accountable for ongoing quality, integrity and completion on all data
Reconciliation
- Act as a trouble-shooter for deal management related problems
- Communicate with treasury to confirm discrepancies in funding rates
- Interact with customers/agents for all cash movement activity
- Reconcile statement to ledger entries
Others
- Participate in various short-term projects to maintain data integrity
- Maintain filing and billing
(2) EXCEPTION DUTIES (As requested by UH)
- Perform periodic data integrity checks
- Duties as assigned
- Undertakes special projects, and assumes other duties, as assigned, completing such tasks on time.
(3) COMPLIANCE
- Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division. Attend Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank’s “Code of Conduct”.
- Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.
QUALIFICATIONS:
- Two to four years of experience with the management of loan products.
- Experience with loan operating systems: ACBS, G-Base
- Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary)
- Experience with compliance in a lending area
- Experience with collateral evaluation procedures
- Proficient in management of lending products
- Be thorough and accurate and demonstrate attention to details
- Competent written and oral communications skills
- Organizational skills and to work well under pressure
- Ability to identify and solve problems
- Knowledge of payment (FED, CHIPS, SWIFT )
OTHER REQUIREMENTS
Mizuho currently requires employees to be fully vaccinated against COVID-19 to work on-site (unless a legally-required accommodation or exemption has been approved).
Mizuho has in place a pilot remote working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations.
COMPANY OVERVIEW
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.
Mizuho Bank Ltd. offers a competitive total rewards package.
We are an EEO/AA Employer -M/F/Disability/Veteran.
We participate in the E-Verify program.
We maintain a drug-free workplace and perform pre-employment substance abuse testing.