About the role

  • Responsible for closing deals of syndicated or bilateral loans and/or servicing loans by processing drawdowns, paydowns, fees and other activities
  • Applies industry knowledge and experience to perform daily duties while adhering to established policies and procedures to resolve problems
  • Refers complex issues to more experienced staff
  • Reports to the Associate or VP level
  • Provides lending services to customers per customer instructions and maintains accurate data
  • Ensures all past due principal, interest and fees are reported, tracked, collected and/or reconciled
  • Coordinates daily funding requirements with the Treasury Desk for managed loan portfolios
  • Supports the Treasury Desk's daily requirement to accurately manage its cash and funded positions
  • Troubleshoots basic loan related functional problems/issues
  • Adheres to all applicable internal and external regulatory polices and procedures

Requirements

  • 2-4 years of comparable or relevant experience reviewing agency loan agreements in a large bank or financial services institution
  • BA / BS (or equivalent experience)
  • Degree in Finance, Accounting or Economics or comparable discipline is a plus
  • Ability to interpret loan agreements and related documentation
  • Basic understanding of all aspects of loan or deal administration functions (including all aspects of funding)
  • Strong knowledge of Loan IQ and loan documentation in technology platforms
  • Extensive customer service and analytical skills
  • Ability to synthesize technical information, analyze risk and identify mitigating factors
  • Strong organizational skills with ability to set priorities and manage multiple projects
  • Ability to work cooperatively and effectively with others to set goals, resolve problems, and make decisions that enhance organizational effectiveness
  • Detail oriented and an ability to complete work accurately.

Benefits

  • Competitive portfolio of benefits

Job title

Loan Operations Analyst

Job type

Experience level

JuniorMid level

Salary

$63,000 - $75,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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