Job Title:Senior Loan Operations Administrator
Location:Block 23
What you'll do:We are seeking a highly experienced Senior Loan Operations Administrator to support complex lending products, including commercial finance, equipment finance and leasing, and syndicated/participation loans. This role is critical to ensuring accurate loan servicing, regulatory compliance, and operational efficiency across a diverse portfolio.
Key Responsibilities- Administer and service complex commercial loans, equipment finance agreements, leases, and syndicated/participation loans
- Ensure accurate booking, funding, maintenance, and payoff transactions within core systems
- Monitor loan covenants, ticklers, and compliance requirements
Equipment Finance & Leasing- Manage lease structures, documentation, and asset-level details (FMV, capital, TRAC leases)
- Track collateral, residuals, and payment structures
- Coordinate with customers and internal teams on funding, including due diligence and servicing in accordance with established procedures
Syndications & Participations- Reconcile participant payments, notices, and reporting requirements
- Review and interpret credit agreements and coordinate with agent banks, participants, and internal stakeholders; may include interest distribution and payment processing.
Financial Controls & Compliance- Ensure accurate interest accruals, fee amortization, and financial reporting.
- Support month-end quarter-end, and year-end closing processes
Documentation & Compliance- Review loan documentation for completeness, accuracy, and adherence to credit approvals.
- Ensure adherence to policies, regulatory requirements, and audit standards.
- Maintain proper loan files ensuring electronic files are submitted to FCM in accordance with appropriate SLA.
Process & Operational Excellence- Identify process inefficiencies and recommend/implement improvements.
- Support system enhancements and testing efforts
- Serve as a subject matter expert for lease operations
- Assist in maintaining current procedures, training materials, and operational guidelines.
Risk & Audit Support- Support internal and external audits, regulatory examinations, and compliance reviews.
- Identify and escalate operational risks and control issues.
- Contribute to remediation efforts and ongoing control improvements.
What you'll need: - 5+ years of loan operations experience (commercial lending and equipment finance preferred)
- High school diploma required
- Strong, hands-on experience with commercial lending, equipment finance, syndicated and participation loans
- Proficiency in loan servicing systems (e.g., Lease Complete, FIS, ACBS, or similar)
- Strong understanding of loan accounting, amortization, and interest calculations
- Advanced Excel and analytical capabilities
- Deep knowledge of equipment finance, leasing structures, and syndicated lending.
- Familiarity with regulatory requirements and loan documentation standards.
- Strong attention to detail and accuracy
- Excellent analytical and problem-solving skills
- Effective communication and stakeholder collaboration
- Ability to manage multiple priorities in a fast-paced environment
Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
