Loan Administration Coordinator

4 days ago


Bellary, Karnataka, India beBeeOperational Full time ₹ 80,00,000 - ₹ 1,20,00,000

Job Overview

We are seeking a skilled Loan Operations Specialist to ensure timely and accurate loan administration.

Key Responsibilities:

  • Review and verify commercial loan documentation to ensure compliance with applicable regulations and service level agreements.
  • Analyze loan details and enter them into the system of record, including borrower entities, guarantor entities, rate, repayment, accrual, collateral, etc.
  • Understand and interpret complex loan structures and credit approval documents.
  • Translate key terms from commercial loan documentation into the system of record.
  • Serve as the primary point of contact for clients on all servicing-related activities, including advances, payments, rate changes, and system postings.
  • Monitor and perform system input to ensure timely administration of rate options, borrowing base adjustments, reduction to revolver schedules, and facility utilization changes.
  • Collaborate with banks to resolve any issues within the portfolio.
  • Perform research requests, analyze loan documentation, and respond to client inquiries around loan balance, rate information, loan statement questions, advance, and payment inquiries.

Requirements:

  • Strong analytical and problem-solving skills.
  • Excellent communication and customer service skills.
  • Ability to work in a fast-paced environment and meet deadlines.
  • Knowledge of loan operations and servicing.
  • Proficiency in Microsoft Office applications.

Benefits:

  • Competitive salary and benefits package.
  • Opportunities for career growth and development.
  • Collaborative and dynamic work environment.


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