Loan Operations Specialist Associate

Overview

The person will be responsible for Syndicated loan set up & maintenance as a participant and Bi-Lateral Loans, ensuring the timely disbursement of funds and processing transactions through SIRE and LoanIQ, timely & Accurately processing Loan openings, closings and rollovers in SIRE or LoanIQ.

What you'll be doing

• Track and control the receipt and payment of principal, and interest, fees
• Investigate and report transaction discrepancies
• Clear open items and daily exceptions
• Reconciliation of receivable settlements including buffer accounts where appropriate
• Create & Maintain operational loan files and archiving
• Additional job related duties & responsibilities as assigned

Who we are looking for

• 3-5 years of experience in the area of loan processing
• Complete knowledge of loan processing, practices, applications and procedures
• Understanding of loan products including receivables, syndicated facilities and fee structures
• Thorough knowledge of BSA/AML/OFAC rules and regulations, KYC policies and procedures
• Proficient in Microsoft Office suite of products (especially Excel) and possibly LoanIQ
• Detail oriented in order to identify discrepancies in notices and payments
• Proficient in the reconciliation of “Nostro”, and Sundry accounts
• Detail oriented and accurate with a strong work ethic
• Excellent organizational and follow-up skills
• Ability to multitask and work as a member of a team in a fast paced environment and meet strict deadlines
• Ability to work independently with minimum supervision
• Bachelor’s degree in finance, accounting, economics preferred

What we offer

• The salary range for this position is 80k $- 110k $