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Associate - Agency Loan Operations

Coordinate multicurrency loan processing and payments for syndicated loan facilities
Sydney
Mid-Level
11 hours agoBe an early applicant
Commonwealth Bank

Commonwealth Bank

One of Australia's leading providers of financial services, including retail, business and institutional banking, funds management, superannuation, insurance, and investment.

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Do Work That Matters

CommBank's Agency Operations team sits within our Market Operations business and is focused on providing Facility Agent services for Syndicated Loan Agency products, including administration and Security Trustee services to a portfolio of Corporate and Government clients. Sitting within our Chief Operating Office (COO), our Market Operations business is a team of 400 Operations Professionals who support our Global Lending, Markets, CommSec, Trade Finance, Treasury and Payments businesses globally.

The Role. As an Associate in our Agency Operations team, you will provide ongoing Syndicated Loan administration and deal support to a portfolio of institutional & corporate clients, acting as the facility agent.

This includes processing the Syndicate loan through its life-cycle and its ongoing maintenance and payments.

You will pro-actively manage the relationship between lenders, borrowers and relationship managers and act as the intermediary for all instructions, communications and payments.

Utilizing the LoanIQ system, you will coordinate and manage both multicurrency & AUD facilities, including drawdowns, fees, rollovers, rate setting & payments on loans and guarantees for syndicate lenders, including CBA share.

On any given day you will:

  • Provide end-to-end loan support across Syndicated loans, guarantees, drawdowns, rollovers & ratesetting, re-structures, amendments, fees and general Agency Lending administration
  • Manage all payment functions arising from the loan facilities including loan drawdowns, repayments, fees, interest collections and paying agent roles on USPP.
  • Process high value foreign currency, Swift & RTGS payments ensuring they are actioned correctly and on time
  • Manage and co-ordinate amendment requests from clients and stakeholders

We're interested in hearing from people who have:

Corporate Lending Operations, or Corporate payments or will have experience building and maintaining strong working relationships within a highly analytical role with both internal & external stakeholders or clients. Alternatively, if you have experience covering corporate loans, corporate deals and/or operations work with the ability to prioritize, build meaningful relationships coupled with excellent attention to detail skills, and are keen to learn Corporate Loan Operations, then we'd love to hear from you!

You will also:

  • Solid working knowledge of the Loan IQ system and product knowledge of Facility Agreements.
  • Be commercially focused with strong analytical skills, including the ability to understand and analyze loan and facility agreements.
  • Ability to collaborate with team members and contribute to a dynamic working environment, but also work effectively in an autonomous capacity

From here, the opportunities are endless

At CommBank, we're committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value-driven organization, we nurture and support our people, through focusing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities.

We support our people with the flexibility to balance where work is done with at least half their time each month connecting in office.

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Associate - Agency Loan Operations
Sydney
Operations
About Commonwealth Bank
One of Australia's leading providers of financial services, including retail, business and institutional banking, funds management, superannuation, insurance, and investment.