Job Description
An international banking client is looking for a Structured Finance Servicing Analyst to join their Commercial Lending organization. This person will be assisting with an Agent and Participation book of business. Their responsibilities will include:
* Review, verify, and authorize daily loan transactions
* Perform analysis and reconciliation of fee and interest accruals
* Be responsible for booking loans including Commercial Paper, Non-performing and Direct/Agented facilities
* Prepare notices of activities to fax to all participants/customers for loan confirmation
* Preparation/review of loan forms related to booking of new borrowings, increases, rollovers, pay-downs, commitment reductions, etc., prior to obtaining loan officer approval signatures
* Responsible for the daily transfer of loan proceeds
* Prepare interest and fee billings on all direct/agented loans, billing the customers and send pro-rata shares to the participants
* Booking of risk participation sold
* Process interest, commitment fees and investigate discrepancies when necessary
* Preparation/posting of GL entries as required
* Review various system generated reports to ensure proper monitoring of the facilities.
* Reconciliation of Open Cash. Suspense and Past due processing.
Skills and Requirements
5+ years of experience within Commercial Lending
Experience with Loan IQ
Experience within a Agent or Participation group
Exposure to various financial products including Loans, Standby Letters of Credit, Guarantees, etc - Experience with multicurrency or international lending
Bachelor's Degree null
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected].