Syndications Account Manager (Loan Servicing)

About UsFirst Horizon Corp. (NYSE: FHN), with $89.1 billion in assets as of December 31, 2021, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.This is a Hybrid positionThe Syndications Account Manager partners with the specialty and wholesale lines of business RM’s and PM’s to fulfill syndicated and agented facilities where the Bank serves as the lead or agent. This individual is a part of the syndications deal team and takes ownership of the day-to-day relationship with the lender bank partners or clients after the initial closing. These facilities are extended to the Bank’s largest and highest value and require individuals with strong business acumen, poise under pressure, impeccable customer service skills and excellent analytical and problem-solving abilities.This individual is familiar with the credit agreement and makes independent decisions on how to accurately structure the loan(s) on the servicing system in order to correctly reflect the unique terms of each transaction. The account manager displays familiarity in loan documentation using our internal platform or reviews documentation generated by outside counsel to ensure that it conforms to the terms of the agreement and to ensure that the Bank can meet all operating, regulatory and reporting requirements. This individual builds strong relationships with business partners throughout the organization and works closely with multiple parties including the relationship team, operational partners, the customer, internal or external counsel and other third party vendors to achieve a well-coordinated and timely closing.The account manager manages the ongoing servicing of syndications originated in their assigned line of business. The account manager builds relationships with lender banks and clients and acts as a liaison between LOB’s and the lender banks and clients to ensure clear and timely communication and in a manner that reflects positively on the reputation of the Bank. The account manager develops money management strategies, including managing all incoming and outgoing wires and ensuring that cash flows and wires adhere to internal policies and that settlement occurs timely and accurately. The account manager facilitates the application of all payments and settlement across lender banks. The account manager performs all maintenance over the life of the loan, to include advances, payments, fee computations, modifications, prepayment penalties and ultimately payoff.Essential Duties And ResponsibilitiesResponsibilities will include boarding and servicing of all syndication facilities, including but not limited to the commitments, notes, collateral and guarantors, ensuring loan packages meet regulatory requirements related to FIDICIA, audit, and credit policy, performing maintenance, calculations and adjustments on complex interest and fee accruals, establishing lead agent relationship with members for terms on contract, verifying and funding all incoming funding requests from banks in a timely manner, and managing the day-to-day needs of the relationship post-closing.KnowledgeExtensive understanding of syndication and participation ecosystem and concepts, i.e. pro rata shares, accrualsStrong knowledge of syndicated and agented loan structures and credit documentationDeep understanding of processes such as drawdowns, pay downs, line sub limits such as swing lines and letters of credit (L/C)Knowledge of state statutes/laws to predict changes/impacts to collateral perfection, legal requirements, closing needs and legal documentation for proceed/stop for closing.A thorough understanding of affected federal regulationsKnowledge of servicing account maintenanceAn understanding of General Ledger and reconciling functionsKnowledge of best practice execution of loan documents, terms and conditionsKnowledge of LSTA market standardsAbilitiesTo comprehend a credit agreement and all related syndicated loan documentationTo translate the terms of the facility into the servicing system’s structure in a way that accurately reflects the terms of the loan(s)To perform loan accounting functions (extensive balancing within each facility)To defuse tense situations or difficult customer interactionsTo advise client of best interest rate options available considering tenor and dollar amount of loansTo handle multiple tasks and prioritizeTo work with little supervision but know when to ask for helpTo work under pressure and remain calmTo maintain a healthy relationship with partners and lender banksTo take a systematic approach to work & plan ahead to train/educate others.SkillsAbility to make decisions regarding operational and administrative risk as related to syndicated creditsImpeccable customer service and customer-centric focusStrong analytical and problem-solving skills, must understand accrualsExcellent verbal and written communication skills across all levels of the organizationProficient computer skills, especially Microsoft Office applicationsAttention to detail and able to identify potential issuesComfort with ambiguityRequirementsBachelor's degree in Finance or related discipline required3 to 5 years’ experience with administration of syndicated transactions including loan closing and servicing (onboarding, maintenance, LIBOR tranche, fee calculations, payments, advances etc.)MBA a plusKnowledge of ACBS loan system a plusPhysical RequirementsAbility to safely and successfully perform the essential job functions consistent with or without the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standardsHOURS: Monday - Friday; 8 AM - 5 PM (flexible)Corporate Diversity Commitment:We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

#J-18808-Ljbffr