Loan Operations-Associate/Sr. Associate/ Delivery Lead

4 weeks ago

Gurugram, India Acuity Knowledge Partners Full time

Opportunity


We are looking for a passionate, energetic individual to join our Lending Services division. You will be part of team working as an extension to our US based client ensuring we fulfill the applicable SLA’s.


Notice Period: Immediate Joiners/30 Days/60 Days all can be considered for these roles

Interested candidates can directly mail the resume to


Responsibilities


·• Perform servicing activities in LIQ – Rollovers, Advances, Paydowns, Past Dues, fees and others

• New Loan Onboarding, renewals and rebooking when needed

• Setup and update the repayment schedules in LIQ

• Review Credit agreement and other loan related documents

• Setup Pricing Index & Rules, Guarantor, Facility, type of facility, CRA info, Repayment, maturity etc

• Assist Agency teams with any primary and secondary closings

• Maintain spreadsheets with Loan Trade information from initiation to Settlement

• Book the trade and process fees in Loan IQ

• Process invoices for Broker and Clearpar

• Reconcile cash payments: open cash items vs expected payments

• Review and correct as necessary Settlement Standard Instructions

• Track Past Due payments, clean up unpaid and prepare reports per requirement

• Ensure compliance with the Bank’s data governance policies, standards and operational procedures

• Prepare reports for upper management regarding status of project

. • Meet strict deadlines and ability to work under pressure


Required Background

·• Min 3-8 years’ experience in Lending Services

• Understanding of Commercial Lending lifecycle with excellent understanding of Loan Agreements and other loan documents

• Excellent knowledge of Loan IQ System is must

• Commerce Graduate / MBA (Finance)

• Good understanding of Project Management principles

• Excellent written and spoken communication skills

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