Loan Operations Senior Specialist
New York, NY - ACG Resources
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Title/Position: Loan Operations Senior Specialist
Reports To: Loan & Trade Finance Operations Supervisor
Primary Functions: Responsible for accurately administering and processing the daily activities for the NY Loan portfolio.
- Responsible for the efficient, timely and accurate processing of loan transactions including the input of deals, generation of payment instructions, settlement of interest due to/due from as detailed:
- Structure the loan in the banks operating system
- Generate payment instructions against loan drawings
- Enter the fees and amortization schedules
- Communicate changes in the Loan principle/interest changes with clients
- Transactional support with counterparties and account officers
- Maintain Syndicated loan balances and reports
- Review and validation of loan documentation in order to identify key information necessary to facilitate the setup of, or amendment of, loan related transactions
- Responsible for the preparation of the monthly reports
- Follow up correspondence with counterparties and agents for Loan activity and problem resolution
- Reconcile all relevant suspense accounts
- Maintain daily statistics
- Adhere to the loan processing related policies and procedures
- Participate in testing of all program changes and upgrades
- Ensure adherence to all pertinent laws and regulations governing BSA/AML, CTF, OFAC and the USAPA as well as all bank policy and procedures governing these topics
- Complete assignments and projects as required by the Manager
- Minimum 5 years experience in related field.
- Proficient in MS Word & Excel
- Ability to multi-task
- Ability to work independently and as a team
- Attention to detail and accuracy
- Good communication skills
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