• VP/Senior VP Transaction Management-Quality control

Industry Analytics/Business Intelligence
Experience Range 10 - 20 Years

Job Description
About Us
At KellyOCG, our expertise is grounded in the hands-on, practice-based talent management experience of our consultants—all of whom have a broad range of industry and global experiences. Through our talent advisory services, we partner with our clients to co-create and deliver consultative talent solutions, developing longer-term, integrated talent strategies that are tied to business objectives, results, and shareholder value. Whether you’re faced with talent challenges within a specific function or across the entire organization, our advice will help guide your competitive edge in both the short and long term.
About Company
Our client is an American multinational investment bank and financial services corporation headquartered in New York City, with global shared services based out of India It is Fortune 500 company .
Roles and Responsibility

Role: Transaction Manager Quality Controller

Level: Vice President or Senior Vice President

Job Description:

Institutional Credit Management (ICM) at our client is a newly formed business line to provide integrated end to end credit underwriting, transaction and portfolio management across all Wholesale Lending in partnership with all the origination businesses of the Institutional Clients Group (ICG) of our client.  We are looking to hire an experienced professional to contribute and perform a leadership role with respect to the design, development, and implementation of the Transaction Management Group (TMG) within ICM. 

Transaction Management will be responsible for supporting multiple aspects of the lending lifecycle including but not limited to loan closing and servicing coordination, facilitating complex client onboarding, data management, and quality control.  The team will be accountable and responsible for operational oversight of the closing and servicing of all loan transactions of the business division being supported to ensure all internal and external requirements are met. This includes data capture, requisite documentation, regulatory requirements, internal policy compliance, and conditions precedent are met prior to deal execution. They will ensure all data elements are captured timely, accurately and validated by internal approvals and legal documentation. 

This is an exciting opportunity to contribute to the establishment of a global cross-business team from the ground up as part of one of the firm’s highest priority initiatives.

 Key Responsibilities:

  • Perform leadership role with respect to the build and development of the global team of professionals to support loan origination and lifecycle management across the spectrum of wholesale lending at our client which includes large complex syndicated and bilateral loans covering but not limited to corporate, commercial, real estate, structured lending and trade.
  • Create processes, standards, procedures, controls, training, and implementation of transaction management across ICG
  • Design and implement technology including active input into the requirements, testing and rollout
  • Produce and provide training and support to transaction management staff, business constituents, operations and risk partners where needed
  • Ensure effectiveness of controls and processes meet internal policies and regulatory requirements/expectations
  • Contribute to and support the strategic vision for this team by enabling the implementation roadmap and working with originating businesses, risk, operations and technology to execute accordingly
  • Participate in new and existing policy and regulatory requirements across wholesale lending workstreams and take a leadership role on behalf of Transaction Management where needed
  • Instill and manage transaction management staff to uphold high degree of quality of data managed consistently adheres to internal and regulatory requirements
  • Work with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end to end transparency
  • Constantly improve processes, controls and efficiencies within the group and front to back across loan lifecycle
  • Lead projects and provide valuable input with various working groups created to enhance performance and efficiency
  • Take leadership role and serve as escalation with respect to loan remediation and loan system testing / migrations
  • Upon go-live or during pilot phases of Transaction Management Group the following may apply:
  • Perform team lead role, senior transaction quality controller, or point of escalation in either a business line pillar or function within Transaction Management Quality Control
  • Review legal loan documentation, ensuring operational standards and compliance requirements are met
  • Overseeing quality control responsibilities within the region to ensure alignment within the LOB globally to the global standards
  • Key contact / interface for regional LOB heads, operations, and risk functions / serve as senior escalation contact
  • Manage and contribute to the creation of processes, standards, procedures, controls, training, and LOB global implementation
  • Lead and produce strategy regarding training of TM Quality Controllers
  • Institute and ensure effectiveness of controls and processes comply with regulations, policies, and procedures
  • Self-identify issues and control breaks and drive correction action plans to successful conclusion
  • Monitor controls related to Manager’s Control Assessment (“MCA”)
  • Enforce compliance with policies and procedures
  • Manage metrics (incl. management reporting, break reports, KPIs, and KRIs) for regional LOBs
  • Lead and contribute to projects / regional deliverables (management materials, internal / external audits, etc.)
  • Train, mentor, coach, and evaluate TM Quality Controllers
  • Provide feedback on new or updates to existing tools used throughout their functional team


Knowledge, Experience and Skills:

  • Experience leading large teams supporting wholesale lending at large financial Institution
  • Strong knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.
  • Demonstrated skills in building and developing teams