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Loan Administrator / Operations - 2-6 years exp

  • Job type: Permanent
  • Location: New York
  • Salary: Negotiable
  • Job reference: 227221/001_1539381187
  • Sector: Selby Jennings, Risk Management
  • Date posted: 12/10/2018

Title: Loan Administrator

Location: White Plains, NY

Compensation: 70,000 - 100,000 (base+bonus)

We are currently recruiting for a top international bank who is looking to build out their loan servicing team. You will service a portfolio of approximately 130 loans by processing drawdowns, paydowns, fees and other activities for syndicated and bilateral financial instruments.

Responsibilities

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

Qualifications

  • 2 to 5 years of comparable or relevant experience
  • Experience collaborating with a Treasury department - preferred
  • 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.
  • Extensive customer service and analytical skills.
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