
Financial Transaction Processor
4 days ago
We are seeking an experienced Loan Operations Specialist to join our Lending Services division. This role is a vital extension of our client operations, ensuring we meet all Service Level Agreements (SLAs).
- Key Responsibilities:
- Review and verify commercial loan documentation, identifying key terms and requirements.
- Enter loan details into the accounting system of record, including borrower entities, guarantor entities, interest rates, repayment schedules, accruals, collateral, and other relevant information.
- Understand and interpret bank credit approval documents and credit write-ups.
- Translate complex loan structures and documentation, including large syndicated transactions, into actionable data for input.
- Act as primary point of contact for clients on all servicing-related activities, including advances, payments, rate changes, and system postings.
- Monitor and perform system input for timely administration of rate options, borrowing base adjustments, revolver schedule reductions, and facility utilization changes as directed by the agent bank.
- Collaborate with the agent bank to balance and resolve portfolio issues.
- Process daily research and maintenance requests from lending officers and clients, performing necessary analysis and system input.
- Review and reconcile general ledger activity tied to loan servicing through daily exception reports.
- Perform research requests and analyze loan documentation to support client inquiries around loan balances, rates, statements, advances, and payments.
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