OverviewThe person will be responsible for Syndicated loan set up & maintenance as a participant and Bi-Lateral Loans, ensuring the timely disbursement of funds and processing transactions through SIRE and LoanIQ, timely & Accurately processing Loan openings, closings and rollovers in SIRE or LoanIQ.
What you'll be doing- Track and control the receipt and payment of principal, and interest, fees
- Investigate and report transaction discrepancies
- Clear open items and daily exceptions
- Reconciliation of receivable settlements including buffer accounts where appropriate
- Create & Maintain operational loan files and archiving
- Additional job related duties & responsibilities as assigned
Who we are looking for- 3-5 years of experience in the area of Syndicated loan set up, maintenanc & processing
- Complete knowledge of loan processing, practices, applications and procedures
- Understanding of loan products including receivables, syndicated facilities and fee structures
- Thorough knowledge of BSA/AML/OFAC rules and regulations, KYC policies and procedures
- Proficient in Microsoft Office suite of products (especially Excel) and possibly LoanIQ
- Detail oriented in order to identify discrepancies in notices and payments
- Proficient in the reconciliation of "Nostro", and Sundry accounts.
- Bachelor's degree in finance, accounting, economics preferred
What we offer- The salary range for this position is 80k $- 110k $
