Syndicated Loan Operations Rep 2 at Logix Guru on behalf of our client

Our major Banking client is in need of a Syndicated Loan Operations Representative 2 to join their team in Pittsburgh, PA or Hermitage, PA. 

4 month CTH, onsite, 8am-5pm 

This position is responsible to support the Bank's Agent and investor portfolio by processing a high volume of loan transactions daily to include advances, payments, fees, wires, rate resets, rollovers, notifications, reconcilement, and research, while ensuring efficient execution. The incumbent is responsible to collaborate with internal stakeholders and external partners to facilitate syndicated transactions. This role is required to maintaining accurate account information, documentation and ensure compliance with regulatory requirements while managing financial and reputational risk.

Primary Responsibilities:

Supports high volume of the Bank's agent and investor syndication loan transactions daily to include advances, payments, wires, rollovers, rate resets, L/C's, FX, and SWAPs based on established procedures and defined timelines with all functions meeting compliance requirements, timely recording of financial entries and internal and external customer satisfaction.

Ensures all information that is created and sent to investor banks accurately reflects pro- rata shares. Understands loan documentation and the appropriate application within the core system while maintaining all required electronic information is reconciled and stored accordingly within the shared files for agented accounts serviced.

Ensures all information that is received from agent banks is promptly and accurately acted upon. Understands loan documentation and the appropriate application within the core system while maintaining all required electronic information is reconciled and stored accordingly within shared files for all participated accounts serviced.

Fosters relationships with syndicate members, agent banks, and internal partners involved in syndicated loan processing through multiple channels all while ensuring effective communication. Support a fast paced, manual environment with multiple variations of complexity all while embracing and cultivating a collaboration.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by the Bank's risk management program.

The Bank is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education:  High School or GED

Minimum # of Years of Job Related Experience: 3

Skills Required:

Excellent communication skills, both written and verbal

Excellent customer service skills

Excellent organizational, analytical and interpersonal skills

Detail-oriented

Ability to work and multi-task in a fast paced environment

Ability to use general office equipment

Ability to use a personal computer and job-related software

MS Excel - Intermediate Level