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  • New York, NY 10002

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Loan Administrator

Classic Westchester • New York, NY

Posted 21 days ago

Job Snapshot

Based on experience
Accounting - Finance, Other Great Industries
Accounting, Admin - Clerical, Finance


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Job Description



Seeking a Loan Administrator to support a syndicated portfolio whereby company is a participant lender in the US Corporate & Loans Department in the Middle/Back Office. Support a portfolio of loans, ability to read and interpret loan notices, support software processes, has an understanding of Loan IQ, and can communicate via telephone with a variety of people including customers, banks, and client executives.



  • Accurately process new drawdowns, paydowns, LC activities and fees for syndicated and bilateral deals. Provide our lending services to our customers and maintain accurate data.
  • All past-due principal interest and fees are reported, followed up on, and ultimately collected. Ensure all monies due and payable to the bank are collected and/or reconciled.
  • Coordinate daily funding requirements with Treasury Desk for managed loan portfolio. Support Treasury Desk and its’ daily requirement to accurately manage its cash and funded positions.
  • Complete assigned projects generally to address workflow or business related matters.
  • Adhere to internal and external regulatory policies and procedures.



  • Operational Abilities
    • Ability to interpret credit agreements and related documentation
    • Experienced in varieties of loan servicing including all aspects of funding
    • Ability to manage a syndicated and/or bilateral deal portfolio of 90-110 facilities
    • Ability to follow instructions very well; detail-oriented
    • Understanding of all aspects of deal/loan administration functions and tasks
  •  System Abilities
    • Previous use of LIQ preferred, but not required, or like loan system
    • Ability to construct and amend bilateral and syndicated deal structures 
    • Ability to trouble-shoot basic loan related functional problems/issues
  • Preferred Previous Work Experience
    • Minimum of 2-3 years of experience in loan administration and managing bilateral and syndicated deals 
    • Project management skills
  • Key Competencies
    • Business/Product Knowledge 
      • Loan Administration
      • Interpret credit agreements 
    • Communication
      • Strong oral and written communication skills
      • Builds relationships
    • Problem Solving
    • Leadership 
      • Initiative
      • Team Player

Job Requirements

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Job ID: CS
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