Loan Administrator

Grand Central, NY 10017

Employment Type: Contract Industry: Banking/Finance Job Number: 3021 Salary Level: 50.00-55.00

Job Description

We are hiring for an immediate long term Loan Administration/Operations contract role.

This is an immediate hire hybrid onsite 1-2 days per week in midtown Manhattan position.

In summary you will:
  • Process, monitor and check all required daily operations for Syndication and Bi-lateral Fund Finance loans and Customer Time Deposits.
  • Execute loan funding instructions to Treasury team by booking/checking loans in various General Ledger and trading systems and process payments.
  • Verify loan and time deposit operations against source documents such as loan agreement, Agent bank loan notices and time deposit confirmation.
  • Monitor email/loan notices from Agent Banks for new loan borrowing/repayment/repricing and if necessary, communicate with the Agent Banks.
  • Review loan agreements and other related loan documentations to ensure transactions are processed in accordance with the agreed terms and conditions.
Requirements include:
  • Hands-on Loan administration experience.
  • Any experience using FLEXCUBE and CALYPSO systems can be a plus.
  • Proficient in Microsoft Excel, Microsoft Word, Access and other Office products.
  • Must be versatile, able to work effectively, independently, and as part of a team.
  • Ability to deliver practical solutions in a demanding high-pressure environment.
  • Completed Bachelor’s Degree
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About Grand Central, NY

Ready to kick-start your career in the vibrant area surrounding Grand Central, New York? This bustling hub offers an unparalleled blend of career opportunities and city charm. Imagine working just steps away from iconic landmarks like the Chrysler Building and Times Square, surrounded by world-class dining options and renowned art galleries like the Museum of Modern Art. With Broadway theaters, professional sports teams like the New York Yankees, and the tranquil retreat of Central Park at your fingertips, there's no shortage of excitement and growth potential in this fast-paced metropolis. Explore our job listings today and discover the endless possibilities that await you in this dynamic region!