Syndications Account Manager at First Horizon National Corporation in Memphis, TN

Location: On site in Charlotte, NC.; Memphis, TN.; Metairie, LA.; Raleigh, NC.

At First Horizon Bank Operations, we are on a mission to deliver a seamless customer experience. We are passionate about doing things right and doing the right things. We collaborate with each other and with our internal business partners to delight our customers. We believe in creating an environment where everyone’s ideas are valued so that the team operates at its best. Our team members serve with humility and a deep commitment to their responsibility to be the best at serving their customers one opportunity at a time.

Summary:

The Syndications Account Manager partners with multiple lines of business relationship managers and loan closing officers to fulfill closing and servicing of syndicated facilities. This individual take ownership of the day-to-day relationship with the agent bank after the initial closing.

The account manager manages the ongoing servicing of syndications originated in their assigned line of business. The account manager builds relationships with agent banks 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 performs all maintenance over the life of the loan, to include advances, payments, fee computations, modifications, prepayment penalties and ultimately payoff.

Essential Duties and Responsibilities:

Responsibilities include boarding all syndication facilities, including but not limited to the commitments, collateral and guarantors, performing maintenance, calculations and adjustments on complex interest and fee accruals, verifying and funding all incoming funding requests from banks in a timely manner. Managing the day-to-day needs of the relationship post-closing.

Knowledge:

Understanding of syndication and participation ecosystem and concepts, i.e. pro rata shares, accruals

Knowledge of syndicated credit documentation

Understanding of processes such as drawdowns, pay downs, line sub limits such as swing lines and letters of credit

Knowledge of servicing account maintenance

An understanding of General Ledger and reconciling functions

Knowledge of LSTA market standards

Abilities:

Comprehend credit agreement and all related syndicated loan documentation

Translate the terms of the facility into the servicing system’s structure in a way that accurately reflects the terms of the loan(s)

Perform loan accounting functions (extensive balancing within each facility)

Handle multiple tasks and prioritize

Work with little supervision but know when to ask for help

Work under pressure and remain calm

Maintain a healthy relationship with partners and agent banks

To take a systematic approach to work & plan to train/educate others.

Skills:

Ability to make decision regarding operational and administrative risk as related to syndicated credits

Impeccable customer service and customer centric focus

Strong analytical and problem-solving skills

Excellent verbal and written communication skills across all levels of the organization

Proficient computer skills, especially Microsoft Office applications

Attention to detail and able to identify potential issues

Comfort with ambiguity

Education and/or Work Experience Requirements:

Bachelor’s degree in finance or related discipline required

Previous experience in loan administration and/or loan closing

Knowledge of CLS (ACBS) loan system a plus

Physical Requirements:

Ability 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 standards

Hours:

Monday - Friday

9:00 AM - 5:00 PM

About Us:

First Horizon Corp. (NYSE: FHN), with $82.6 billion in assets as of September 30, 2024, 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, and mortgage banking 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. More information is available at www.FirstHorizon.com.

Benefit Highlights:

Medical with wellness incentives, dental, and vision

HSA with company match

Maternity and parental leave

Tuition reimbursement

Mentor program

401(k) with 6% match

More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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.

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Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)