ING Americas · 4 months ago
Agency Closing Specialist
New York, NY
Full-time
Hybrid
Mid Level
$110K/yr - $140K/yr
3+ years expING Americas is part of ING’s Wholesale Banking division, offering a range of financial products and services to clients. The Agency Closing Specialist will manage syndicated loan transactions, ensuring timely execution and lifecycle management while serving as the primary contact for clients.
Financial Services
Responsibilities
Analyze Credit Documentation and extract the necessary information for deal capture and booking in Lending System
Coordinate and manage syndicated loan closings, including CP, funding coordination, lender allocations, and initial facility onboarding
Processing borrowing and payment requests, arrange for funding/break funding, set rates, and renew maturing loan contracts
Calculate and bill fees: commitment, unutilized, letter of credit, agency, and fronting fees
Set-up and maintain customer records including administrative details and payment instructions (including the collection of original tax forms)
Manage lifecycle events: amendments, waivers, extensions, repricings, lender assignments, rollovers, and restructurings
Review, interpret, and validate credit agreements, fee letters, amendments, joinders, and closing instructions
Lead and participate in closing calls with Borrowers, Lenders, Counsel, and internal stakeholders
Serve as the primary liaison with Borrowers, Lenders, and internal teams on all Agency matters
Monitor commitment limits and expiration dates
Monitor daily cash flow and investigate unidentified amounts in suspense account
Assist in training junior staff and contribute to process improvement initiatives
Assist Manager in any special projects as needed
Qualification
Required
Bachelor's degree in finance, Accounting, Business, Economics, Mathematics, or closely-related quantitative field from an accredited U.S. school (or equivalent)
3+ years of relevant Loan Agency experience supporting syndicated loans
Advanced, hands‑on experience with Loan IQ (facility onboarding, deal closing setup, events, fee setup, amendments)
Strong understanding of credit agreements and related loan documentation
Strong analytical skills, attention to detail, and commitment to control and accuracy
Ability to operate in a fast‑paced environment with shifting priorities
Confident, self‑driven, and capable of owning complex transactions
Able to use MS-Office with advanced knowledge in Word, Excel and Power Point
Adaptable, collaborative, and able to multitask under pressure
Flexible and learning capacity to adapt to on-going changes
Excellent communication and client‑facing skills
Preferred
Experience with ClearPar, or similar platforms a plus
Benefits
Comprehensive health benefits
A generous 401k savings plan
Competitive PTO
Adoption, surrogacy, and fertility services
Student debt assistance
Subsidies for expenses associated with commuting and fitness
Company
ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets and advisory products and services in the U.S.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Eduardo Gonzalez Arellano
Americas Chief Data Officer / Data Protecion Executive (DPE), Global WB COO Executive Data Steward
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