Loan Administrator (Operations)

The Loan Operations group seeks an Loan Administrator who has solid loan operations experience including hands-on knowledge of STUCKY loan system to join their team.  

Responsibilities

• Process daily work in STUCKY, which includes: review of incoming faxes, email, and mail, processing advances, repricing, rate changes, interest, fee and principal payments to loans on direct, participated, or syndicated deals.
• Obtain internal approval for advances and new borrowings as required.
• Ensure that Promissory or Grid Notes and othersupporting documents are received, completed, and fully executed.
• Interpret Credit Agreements, Amendments, Notes, Line Letters, etc. and updateLoan IQ as indicated in the legal documents.
• Track monthly aging and inventoryschedules.
• Reconcile monthly aging, inventory and borrowing base certificates.
• Reconcile and affect changes to the Ineligibles.
• Prepare concentration reports.
• Review the daily postings (registers) to check for errors.
• Assist in Daily Proofs and process Interface file to Fiserv server.
• Update the EOD and Month-End process 
• Communicate with internal lending officers and agent bank representatives on syndicated deals.
• Investigate and resolve customer inquiries and account discrepancies.
• Reconciliation interest and fee discrepancies.
• Ensure that all work processed meet audit and compliance requirements.  
• Participate in department projects and initiatives as required.
• Assist in testing and implementation of system enhancements as required.
• Prepare and circulate departmental reports as assigned.
• Other duties as assigned. 

Minimum Qualifications 

• Minimum 5years loan operations experience
• Good working knowledge of Asset Based Lending
• Working knowledge of STUCKY loan system
• Bachelor?s degree or equivalent education and related training
• Effective communication and interpersonal 
• Ability to work independently while also interact as part of a team
• Capable of managing multiple tasks while maintaining keen attention to detail
• Ability to identify, analyze, and resolve accounting related problems independently
• Technical skills to include Windows systems and Microsoft Office products (Outlook, Excel and Word)