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Commerical Loan Admin / Operations - Associate / AVP

  • Job type: Permanent
  • Location: New York
  • Salary: US$70000 - US$100000 per year
  • Job reference: 270071/001_1549995109
  • Sector: Selby Jennings, Audit & accounting
  • Date posted: 12/02/2019

We are currently working with a leading international bank to build out their Commercial Loan Operations / Loan Administration team. Ideally, they are looking to make 3 growth hires at the Associate to AVP level. These roles will be located in White Plains, NY or in Jersey City, NJ.

Responsibilities:

  • Processes new drawdowns, paydowns, Letter of Credit (L/C) activities and fees for syndicated and bilateral deals.
  • Provides lending services to customers 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.

Qualifications:

  • 2 to 5 years of comparable or relevant experience
  • Ability to interpret credit 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 credit documentation in technology platforms.
  • Commercial Loans / Syndicated loans

If you are open to learning more about these roles please send in an updated resume, preferably Word format. I look forward to speaking with you soon!

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