Job Description

To review new and amended credit agreements, whether it be for syndicated transactions where the company is acting as Administrative Agent, where the company is a participant in a deal where another financial institution has been mandated as Administrative Agent, or bilateral deals directly with the borrower.

• Assist Leverage Finance, Syndications, Real Estate Middle Office, Corporate Client Group teams, and Corporate Banking (collectively referred to as \'our Partners\') with negotiation and closing of credit agreements, refinancing documentation, amendments & supplementals which includes liaising with external legal counsel, lenders, borrowers, and senior management.
• Review various types of credit documentation to ensure the Administrative Agent function (where mandated) is adequately and correctly incorporated and negotiate required changes in conjunction with Lenders\' counsel and our Partners in BFS and CM.
• Ensure that required funding for closings are requested and released in accordance with established procedures.
• Where required or requested, charge/discharge/release/postpone security, execute or terminate deposit control account agreements and other security documentation, as advised by Lenders\' counsel and in tandem with discussions with our Partners in BFS and CM and borrowers.
• Prepare consents, extensions and waiver requests received from the borrower, manage the consent process and follow-up as appropriate to ensure (i) consents are obtained, recorded, and advised in a professional and timely manner, and (ii) documentation to reflect agreed upon requests is completed and executed by all parties in accordance with procedures established by the specific credit agreement.
• Ensure that closing books and possessory collateral pledged under credit agreements and/or amendments are delivered to documentation and security group to be held in custody on behalf of the Lenders - and assist in follow-up of missing items, where required.
• Negotiate and ensure adequate Agency Services fees when the company has been mandated as Administrative Agent are charged and collected.
• Act as principal contact for lenders, borrowers, and our Partners in BFS and CM with respect to all technical and operational aspects of the Administrative Agent function, deals where the company is a lender or bilaterals.
• Responsible for the management, control and administration of assigned Administrative Agent mandates, which include but are not exclusive to reviewing the credit agreement to ensure the appropriate files are established, and will work with internal colleagues in Lending Services and Operations & Governance to ensure that the necessary records are diarized, operating procedures are implemented and maintained and that all records and files are maintained in an orderly manner consistent with the Bank\'s practices while ensuring that appropriate procedures are established to correct deficiencies found during audit reviews.
• Provide direction and guidance to staff as required and assist senior management in dealing with day-to-day operational issues and situations requiring immediate decisions, analysis, or review. Will work with internal colleagues in Lending Services and Operations & Governance to ensure that procedures are in place to manage/monitor special handling accounts (special loans, draw advisory, cash dominion)

Global MNC|Rewarding Benefits

• Typically has 4-7 years management experience and demonstrates proven leadership and people management experience.
• Knowledge of syndication practices, loan documentation, lending products, funding, and payment mechanisms in Canadian, American, and UK/EU markets.
• Proficiency in Microsoft Excel, Word.
• Proficiency with ACBS (Advanced Commercial Banking System) is considered an asset.
• Able to work shift hours.

At this globally established company, they believe in their clients\' businesses and people that can make a difference in the world. That\'s why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders - by doing what we do best: reducing risk and enhancing efficiency.

• A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• A world-class training program in financial services.
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

Michael Page