Loan Administration AVP - Agency Team

About the role

The Loan Administration Unit (Agency & Bilateral Loan Administration) AVP assists the Section Head in the Agency & Bilateral Loan Administration Section, ensuring accurate and timely administration and servicing of the Bank's agented loan portfolio. This role ensures daily activities comply with state and federal laws, regulations, and Bank lending policies and procedures, while providing leadership, training, and supervision within the department. The AVP supports a complex loan portfolio and is required to be fully knowledgeable in all areas of servicing syndicated and bilateral loan facilities.

The LAU AVP is responsible for all phases of the new Agency deal closing process when Mizuho’s role is as Administrative Agent or direct lender. This includes providing expertise during pre-closing meetings, reviewing credit agreements, coordinating funds flow, fee allocations, disbursement of funds, and lender notification, as well as building deals in the lending system. Attention to detail is critical, especially for complex transactions such as Project Finance, Securitization, and ABL. The role also involves exposure to various products, including equity fund finance, residential mortgage, and Term Loan B deals.

Responsibilities

• 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, including calculating, invoicing, and disbursing deal-related fees.
• Coordinate movement of funds related to initial funding and closing, and work closely with borrowers and bank groups.
• Report to management, supervisors, and account officers all transactions requiring special handling or approval.
• Partner with LoanIQ migration teams to provide migration experience and LoanIQ processing support.
• Assist with LoanIQ training of colleagues and contribute to future Ops Readiness initiatives.
• Review, release, and approve traditional loan deals processed by administrators.
• Maintain a high level of technical support for Loan Administration staff, account officers, and clients.
• Independently manage administrative processes for complex loan deals and provide consultative support on operational deal structure issues.
• Review Document and Facility Instruction Sheet/CA Booking Request to ensure alignment with Credit Approval and create or maintain accurate Credit Arrangements in ACBS.
• Exercise restricted transaction approval authority.
• Maintain daily commitment facilities, including monitoring borrowing status, preparing new borrowings, rollovers, rate sets, conversions, repayments, and prepayments.
• Calculate, invoice, and disburse ongoing interest and fee payments from both borrower and lender perspectives, including agency and amendment fees.
• Maintain and monitor Fronting LC, Invoice Discounting, and Risk Participations.
• Monitor and distribute financials when due and interact with Treasury on rate settings for foreign currencies and USD loans.
• Verify the integrity of transactions and ensure ongoing data quality, integrity, and completion.
• Act as a troubleshooter for deal management and related problems, communicating with Treasury to confirm discrepancies in funding rates.
• Interact with customers for all cash movement activities and reconcile statements to ledger entries.
• Independently manage collateral requirements for credit deals and advise account officers of collateral shortfalls.
• Perform periodic data integrity checks and undertake special projects or other assigned duties.

Compliance

• Obtain a basic understanding of applicable rules and regulations governing the Bank.
• Direct all questions or clarifications about rules and regulations to the Americas Legal and Compliance Division.
• Attend annual compliance training presented by the Americas Legal and Compliance Division.
• Read and respond to all compliance-related reference and directive materials as necessary.
• Comply with the Bank’s “Code of Conduct.”
• Serve as the designated person responsible for reporting potentially prohibited transactions (OFAC-related) upon detection.

Qualifications

• Seven or more years of loan product experience as an Administrative Agent.
• Experience with loan operating systems: ACBS, LoanIQ.
• Experience with specialized lending products (e.g., Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and/or Credit Derivatives).
• Experience with compliance in a lending area and collateral evaluation procedures.
• Proficient in the management of lending products with strong organizational skills to work well under pressure.
• Strong knowledge of wire transfer systems (FED, CHIPS, SWIFT).

Pay

The expected base salary ranges from $82,000 to $120,000. Salary offers are based on relevant skills, training, experience, education, certifications, licenses, market factors, and organizational considerations. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Schedule

Mizuho has a hybrid working program, with varying opportunities for remote work depending on the role, department needs, and local laws and regulatory obligations. Some departments may require greater in-office attendance, which will be communicated during the recruitment process.