Executive Director & Unit Head - Loan Administration

Summary:

The Loan Administration Unit Head oversees loan transactions, staffing, projects, and deliverables within the Loan Administration Unit. Loans under management include Syndicated Agency Loans, Syndicated Loans and Bilateral Loans. Main responsibilities include but are not limited to: (1) Ensuring accurate and timely loan transaction servicing (2) Overseeing the review and of loan documentation relating to the opening, servicing and closing of all loans transactions (3) Delivering and maintaining clear and updated lending policies and procedures (4) Enforcing strong controls to ensure data quality and efficiency of all transactions (4) Providing strong leadership, training and communication within the team to motivate and retain the staff (5) Leading effective communication with all key stakeholders in Front Office, Technology, Finance, Treasury, Regulatory Reporting and Audit (6) Delivering top tier customer service to all external and internal clients (7) Maintaining and promoting an efficient and scalable operating model aligning with industry best practices.

Key Duties And Responsibilities:

• Manage all loan transactions in the Loan Administration Unit comprised of Agency, Bilateral and Loan Syndication teams as follows:
• Credit Agreement review and booking - Initial Loan Drawdown, including funding and settlement - Loan Rollovers and Interest payments - Loan Repayments

• Fee Management

• Commitment Management

• Credit Application Limit Management
• Communication with Borrower, Lenders and Agent Banks
• Invoicing and Notices to Borrowers and Lenders related to Drawdown/ Rollover/ Repayment and Interest/ Fees
• Loan System booking, controls and reconciliation
• Exception and control report monitoring
• Effectively manage all audits and close all required audit and risk issues in a timely manner
• Provide leadership for all team projects and ensure timely completion.
• Direct and manage the ACBS to Loan IQ conversion and migration process for the team.
• Uphold professionalism, quality, and efficiency.
• Implement and monitor internal controls to effectively minimize operational risk.
• Oversee staff training and development programs, including performance management and career progression initiatives.
• Execute established business plans and ensure delivery of key objectives.
• Build and maintain productive relationships with both external and internal customers and stakeholders.
• Conduct comprehensive reviews of workflows, procedures, and systems to promote effectiveness, efficiency, risk mitigation, and data integrity.
• Maintain robust information and data quality controls in all aspects of data transmission, customer information handling, and safekeeping of critical data.
• Stay informed about market trends, industry developments, emerging products, and technological advancements.
• Ensure adequate staffing and cross-training measures are in place to prevent any service disruptions.
• Conduct a comprehensive review and provide approval for all business resiliency plans.

Other:

• Know Bank rules and direct legal questions to Americas Legal and Compliance. Complete compliance training, review relevant materials, and follow the Code of Conduct. Report suspected transactions or sanctioned parties to the OFAC Officer. Adhere to all guidance from Compliance OFAC Officer. Understand OFAC regulations for Loan operations. Manage loan data (ACBS, LoanIQ), identify OFAC matches, and ensure compliance with unit requirements.
• This position requires handling business for MHBK, Ltd.'s branches and subsidiaries.
• Mizuho Bank Ltd New York Branch

• Mizuho Bank (Usa)

• Mizuho Bank, Ltd. Canada Branch

Qualifications:

• Possesses over ten years of experience in loan operations and team management at a top 20 syndicated lending bank; holds a four-year college degree Experience with loan operating systems including ACBS and LoanIQ.
• Participated in Loan IQ system migration projects.
• Experienced in specialized lending products, including asset securitization, asset-backed lending, leasing, CLOs, project finance, real estate, loan trading, and loan agency term loan B.
• Proficient in managing lending products.
• Strong Industry knowledge and network.
• Demonstrates clear communication and writing abilities.
• Exhibits strong organizational and leadership skills.
• Capable of identifying and resolving problems efficiently, as well as escalating emerging risks for prompt identification and remediation.

The expected base salary ranges from $200,000 - $250,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

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Other Requirements

Mizuho has in place a hybrid 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. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.   

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill​, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.​​

Mizuho Americas 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 reserve the right to require pre- and post-hire drug testing as permitted by applicable law.

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