Loan Syndications Officer

Company:  1st Financial Bank USA
Location: Sioux Falls
Closing Date: 07/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Loan Syndications Officer

Location Sioux Falls, SD

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Title: Loan Syndications Officer

Location: Sioux Falls, SD

Builder Finance Inc. (BFI) is the growing lender to homebuilders and housing investors. Launched in 2014, BFI now has multiple, coast-to-coast lending programs.

The Loan Syndications Officer will help build and maintain relationships with clients that purchase interests in BFI loans. This position will play a critical role in enhancing business productivity and reducing single counterparty risk exposures.

The role requires strong interpersonal skills.The Loan Syndications Officer is given substantial responsibility to help build new relationships, primarily with banks and other regulated institutions.In addition to potential “warm” introductions, this role should expect to make cold calls.

This position is expected to advocate for BFI loans. Good credit judgment and relative value knowledge are required. The Loan Syndication Officer is expected to become versed in how BFI operates and stay up-to-date on BFI originations and performance.

Client service is a top priority. The schedule of the Loan Syndications Officer should be flexible so as to accommodate client coverage during non-standard working hours.

Within the first year of employment, a successful hire will facilitate at least $20 million of loan sales.Compensation includes a market salary plus a success-based bonus component.

Job Overview:

  • Develop and execute calling strategies

  • Work with team members to develop marketing materials

  • Perform due diligence on potential counterparties

  • Coordinate due diligence by potential counterparties

  • Monitor processes throughout the transaction cycle and help to optimize processes

  • Manage and report on risks

  • Help ensure strict adherence to internal control policies, ensuring activities are carried out in accordance with all regulatory, legal, and governmental regulations as well as BFI’s own internal procedures

  • Maintain detailed CRM records

  • Facilitate individual loan sale transactions

  • Research and answer client questions

Qualifications:

  • Have track record of loan syndication

  • Have existing relationships with potential clients

  • Know best practices, loan structures, legal agreements, LSTA market standards, and general accounting rules.

  • Work independently but know when to ask for help

  • Possess excellent presentation skills and ability to create and maintain good relationships with clients

  • Enjoy a results-oriented organization, centered on clients

  • Be skilled in Microsoft Office software, particularly Word, Excel and PowerPoint

We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental/vision insurance, generous paid leave program, 401(k), health savings account, tuition reimbursement, financial childcare assistance and much more!

Builder Finance Inc. is an equal opportunity and affirmative action employer.

All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Builder Finance Inc. participates in E-Verify

E-Verify Right to Work Poster (justice.gov) (

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