Job Title:  Primary Loan Closer - Associate/Vice President

Job Code:  5175
Country:  US
City:  New York
Skill Category:  Facilities Management
Description: 

The pay range for this position at commencement of employment is expected to be between $105K and $145K/year*

 

Company overview

 

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

 

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Department overview:

 

The successful candidate will work on a Loans Middle Office team:

  • Coordinate primary closing Loan transactions from start to end across various Business Groups. The role entails working closely with Investment Banking, Global Markets, Legal, Client On boarding, and Treasury.
  • Review Credit Agreements for operational aspects and build / set up deals in Loan IQ
  • Reconcile past due items and resolve past due items in a timely manner
  • Investigate discrepancies/problems and efficiently resolve sensitive operational issues
  • Coordinate with Client Onboarding for any KYC requirements for new Nomura clients
  • Working in a very dynamic environment to manage the full portfolio and Closing of PAR and Distressed LSTA loan trades
  • Ability to manage the trade portfolio, across multiple business lines,  following all trades from Trade Date to Settlement whilst maintaining a clean open trade aging profile and driving reduced settlement times
  • Drafting of Loan Trade Closing documentation – including Trade Confirmations, Transfer Documents, Pricing Letters (amongst others) when not closing via electronic platform
  • Coordinating with Trader, sales and Legal (internal and external)  on proposed changes to Trade documents
  • Working directly with clients, internal partners and external Agents to resolve issues and ensure smooth closing of all trades
  • Prepare and review settlement calculations including delayed compensation, cost of carry and benefit of commitment reductions
  • Collaborate with Servicing Team in Mumbai and manage all aspects of bank debt operations including lifecycle events processing, trade closings, cash and position reconciliation, and corporate actions
  • Ability to work closely with business teams to resolve queries and provide first level account service

 

Skills, experience, qualifications and knowledge required:

  • 4+ years of Bank Debt experience is required
  • Primary Loan Closing and servicing experience (bilateral and agency)
  • Strong interpersonal skills as this role requires the ability to effectively communicate and prioritize the resolution of time-sensitive issues with internal and external stakeholders
  • Experience with Loan IQ is required 
  • High attention to detail
  • Ability to work in a fast paced environment


 

Applicants for this position in the Finance Division of NHA must be currently authorized to work for any employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.

 

 

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

 

 

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

 

 

 

Nomura is an Equal Opportunity Employer

 


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City