Loan Operations Associate

Grand Central, NY 10017

Employment Type: Direct Hire Industry: Banking/Finance Job Number: 2992 Salary Level: 65000 - 85000

Job Description

Top Tier mid-sized Financial Organization seeks Loan Operations Associate.

This is a direct hire full-time role with a premier mid-sized Financial Organization that offers competitive compensation and a great benefits package.

This is a hybrid onsite 2 days per week in midtown Manhattan.

In summary, you will:

• Process loans and deposit transactions, by communicating with customers and Operations/Treasury Group. Distribute detailed information of each transaction through internal systems or instruction memos.

• Assist account officers with Know your Customers (KYC) regulatory obligations.

• Close and maintain bilateral/syndicated loan facilities by collecting required documents from customers/agents. Deliver such documents to Operations Group with instructions, and conduct required checks/registrations in the systems.

• Create quarterly invoices, monthly statements and distribute to customers in a timely manner.

• Handle covenants of each credit facility by registering due dates in the system and collect required documents from customers/agents.

• Generate and circulate internal periodical reports to senior executives.

• Perform general administrative functions and monitor current publication subscription, current subscriptions and web-based services if needed.

• Update/maintain customer files and required documents. Ensure retention and record keeping of all FFG files and documents are in accordance with the retention requirements.

Requirements include:

• 2+ years of hands-on loan operations experience

• Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously.

• Proficient in Microsoft Excel, Microsoft Word, and other Office products (advanced).

• Strong communication skills both verbal and writing, with attention to detail.

• Ability to work independently with minimal guidance and supervision.

• Flexible to work beyond regular office hours as necessary
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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!