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1 day ago
We are seeking a highly skilled professional to join our Lending Services division.
Key Responsibilities:
- Review commercial loan documentation and identify key terms
- Enter loan details into the ACBS system of record, including borrower entities, guarantor entities, rate, repayment, accrual, collateral, etc.
- Understand and interpret the Bank's credit approval document and any applicable credit write-up
- Understand complex loan structures and complex loan documentation (to include large, syndicated transactions)
- Translate key terms from commercial loan documentation (Credit Agreement, Note, etc) into the ACBS system of record
- Act as primary point of contact for clients on all servicing related activity for the banks direct/bi-lateral/Syndicated loan portfolio, including advances, payments, rate changes, and ACBS system posting
- Monitor and perform ACBS system input as needed for the timely administration of rate options, borrowing base adjustments, reduction to revolver schedules, and facility utilization changes as directed by the agent bank (in case of syndicated loans)
- Work directly with agent bank to balance and resolve any issues within the portfolio
- Perform daily research and maintenance requests from lending officers and clients, and perform the necessary analysis and system input required
- Review and balance daily reconciliation reports for general ledger activity tied to loan servicing
- Review daily exception reports, determining the necessary monetary and system maintenance required for resolution
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