Loan Operations Associate - Pelham Berkeley Search
New York, NY 10017
About the Job
Top Tier mid-sized Financial Organization seeks Loan Operations Associate.
This is a direct hire full-time role with a premier mid-sized Financial Organization that offers competitive compensation and a great benefits package.
This is a hybrid onsite 2 days per week in midtown Manhattan.
In summary, you will:
Process loans and deposit transactions, by communicating with customers and Operations/Treasury Group. Distribute detailed information of each transaction through internal systems or instruction memos.
Assist account officers with Know your Customers (KYC) regulatory obligations.
Close and maintain bilateral/syndicated loan facilities by collecting required documents from customers/agents. Deliver such documents to Operations Group with instructions, and conduct required checks/registrations in the systems.
Create quarterly invoices, monthly statements and distribute to customers in a timely manner.
Handle covenants of each credit facility by registering due dates in the system and collect required documents from customers/agents.
Generate and circulate internal periodical reports to senior executives.
Perform general administrative functions and monitor current publication subscription, current subscriptions and web-based services if needed.
Update/maintain customer files and required documents. Ensure retention and record keeping of all FFG files and documents are in accordance with the retention requirements.
Requirements include:
2+ years of hands-on loan operations experience
Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously.
Proficient in Microsoft Excel, Microsoft Word, and other Office products (advanced).
Strong communication skills both verbal and writing, with attention to detail.
Ability to work independently with minimal guidance and supervision.
Flexible to work beyond regular office hours as necessary
Source : Pelham Berkeley Search