Loan Operations Senior Specialist

New York, NY 10017 | Full Time

Job ID: 4785 Industry: Banking - Finance Salary Level: 65000 - 75000

 

We have an immediate FTE role for Loan Operations Senior Specialist to accurately administer and process the daily activities for the NY loan portfolio for a High Profile International Bank in midtown Manhattan.

This is a full-time direct hire role working for an organzation that offers competitive compensation and a great benefits package.

Responsibilities include:

  • The processing of loan transactions including the inputting of deals, generation of payment instructions, settlement of interest due to/due from as detailed:
  • Structure the loan in the banks operating system
  • Generate payment instructions against loan drawings
  • Enter the fees and amortization schedules
  • Communicate changes in the Loan principle/interest changes with clients
  • Transactional support with counterparties and account officers
  • Maintain Syndicated loan balances and reports
  • Review and validation of loan documentation in order to identify key information necessary to facilitate the setup or amendment of loan related transactions
  • Responsible for the preparation of the monthly reports
  • Follow up correspondence with counterparties and agents for Loan activity and problem resolution
  • Reconcile all relevant suspense accounts
  • Maintain daily statistics
  • Adhere to the loan processing related policies and procedures
  • Participate in testing of all program changes and upgrades
  • Ensure adherence to all pertinent laws and regulations governing BSA/AML, CTF, OFAC and the USAPA as well as all bank policy and procedures governing these topics

 

  • 4+ years of related Loan Operations work experience
  • Knowledge of BSA/AML and OFAC
  • Proficient in Word, Excel and Outlook
  • Ability to  multi-task work independently and as a team
  • Strong attention to detail and accuracy
  • Good communication skills

Great benefits package!

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