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Loan Servicing Specialist

Kforce Inc

  • Newark, DE
  • 12 days ago

    Highlights

    This role is responsible for administering complex commercial loan transactions, ensuring compliance with credit agreements, maintaining accurate loan accounting records, and providing exceptional service to clients, lenders, and internal business partners. The ideal candidate has strong analytical skills, experience interpreting legal loan documentation, and the ability to manage multiple priorities in a fast-paced environment.

    Numbers & Facts

    LocationNewark, DE
    IndustryFinancial Services
    Company Size1,000 to 1,499 employees
    Year Founded1962
    Websitehttp://www.kforce.com/

    Description

    Kforce has a client in Newark, DE that is seeking a detail-oriented and analytical Loan Operations Analyst to join their team. This role is responsible for administering complex commercial loan transactions, ensuring compliance with credit agreements, maintaining accurate loan accounting records, and providing exceptional service to clients, lenders, and internal business partners. The ideal candidate has strong analytical skills, experience interpreting legal loan documentation, and the ability to manage multiple priorities in a fast-paced environment.

    Key Responsibilities:

    • Process loan transactions, including fundings, repricings, and payments, in accordance with client instructions and credit agreements
    • Calculate, monitor, and reconcile complex interest and fee accruals across multiple rate structures and changing lender distributions
    • Reconcile daily funding and payment activity to ensure all cash transactions are accurately recorded
    • Review, interpret, and apply complex credit agreements and related legal documentation, collaborating with attorneys and internal partners as needed
    • Initiate and reconcile automated fund movements based on client and lender instructions
    • Monitor outstanding principal, interest, and fee payments, escalating past-due items and ensuring timely and accurate client invoicing

    About Company

    Kforce is a solutions firm specializing in technology, finance and accounting, and professional staffing services. Our KNOWLEDGEforce® empowers top companies to achieve their digital transformation goals. We curate teams of technical experts who deliver solutions custom-tailored to each client’s needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and our multi-industry expertise.

     

    Our integrated approach is rooted in 60 years of proven success deploying highly skilled professionals on a temporary and direct-hire basis. Each year, approximately 18,000 talented experts work with the Fortune 500 and other leading companies. Together, we deliver Great Results Through Strategic Partnership and Knowledge Sharing®.