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10 days
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$23.13/hr - $46.40/hr (Estimated)
<p>JobID: 210615751</p> <p>Category: Lending Services</p> <p>JobSchedule: Full time</p> <p>Posted Date: 2025-04-21T23:53:33+00:00</p> <p>JobShift:</p> <p>:</p> <p>Provide operational support for Commercial & Investment Banking, managing syndicated and bilateral loans.</p> <p>Join our dynamic Wholesale Lending Services team and make a significant impact in the world of Commercial & Investment Banking. Apply today to be part of a team that values your expertise and dedication!</p> <p>Job Summary:</p> <p>As a Loan Servicing Analyst in our Wholesale Lending Services team, you will provide operational support to our Commercial & Investment Banking operations. You will handle syndicated credit structures managed by us or bilateral loans extended solely by us, administering a portfolio of approximately 30-40 syndicated accounts. You will maintain direct contact with borrowers, lenders, and business partners while performing various loan servicing tasks.</p> <p>Job Responsibilities:</p> <ul> <li>Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements. </li><li>Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions. </li><li>Reconcile daily funding and payment activity to account for all daily cash transactions. </li><li>Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable. </li><li>Initiate and reconcile automated funds movement in accordance with client/lender instructions. </li><li>Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices. </li><li>Maintain margin changes and proper communication to the bank group. </li></ul> <p>Required Qualifications, Capabilities, and Skills:</p> <ul> <li>Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint). </li><li>General to intermediate accounting knowledge. </li><li>Ability to manage concurrent assignments in an effective, efficient, and organized manner. </li><li>Ability to work independently within a team environment. </li><li>Excellent oral and written communication skills and strong interpersonal/client servicing skills. </li><li>Strong analytical, problem-solving, and proven decision-making skills. </li></ul> <p>Preferred Qualifications, Capabilities, and Skills:</p> <ul> <li>Familiarity with loan-based software (LoanIQ, ClearPar). </li><li>Bachelor's Degree or 1+ year of experience with either Loan, Finance, or Securities experience. </li><li>Familiarity with syndicated loans and Loan Syndication and Trading Association (LSTA) standards. </li><li>Prior knowledge of loan products or trading operations. </li></ul>
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