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Loan Administrator

New York, 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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