Commodity Loan Execution Lead
Join our Commodities and Global Markets team as a Commodity Loan Execution Lead in our New York Office.
Our Commodity Markets and Finance Division provides a full spectrum offering to clients with exposure to commodities. Our division provides risk management, financing, physical execution and logistics across the full spectrum of clients and regions.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. Youll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
In this role, you will be a hands-on manager for a team responsible for loan and letter of credit administration across a diverse portfolio of energy, agricultural and metals loans and structured transactions. Your primary responsibility will be to allocate and support the workload across the team to ensure we are meeting timelines while also managing the day-to-day client activity and collaborating with internal stakeholder groups, including the trade desks, to ensure the efficient and accurate issuance and ongoing management of loans and letters of credit .One a daily basis, you will monitor and manage the inbox so that all queries are addressed and flagged for action, lead team meetings and monitor exception reports and work queues in LoanIQ.
Salary range for this position: $160,000 - $190,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location.
What you offer
5+ years of experience in loan and letter of credit management, with specific use of LoanIQ as a deal management tool
Strong understanding of credit agreements plus experience with reading and interpreting these to build deals in LoanIQ and also provide summaries of the deal to stakeholders
Understanding of legal documents
Advanced capabilities in Excel
Possess a sense of urgency and accountability paired with the ability to respond to tight deadline requirements
A desire to learn and have exposure to ancillary operational areas such as profit and loss reporting, position management, funding, compliance reporting, tax and insurance.
We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
Hybrid and flexible working arrangements
One wellbeing leave day per year and minimum 25 days of annual leave
Primary caregivers are eligible for 20 weeks paid leave along with 12 days of transition leave upon return to work and 6 weeks paid leave for secondary caregivers
Paid volunteer leave and donation matching
Range of benefits to support your physical, psychological and financial wellbeing
Employee Assistance Program, a robust behavioural health network with counselling and coaching services
Recognition and service awards
Our commitment to diversity, equity and inclusion
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
Apply Job!