Skip navigation
Unable to save this job. Please try again later.

{msg}

Email this Job to Yourself or a Friend

To begin the application process, please enter your email address.

Company Contact Info

  • New York, NY 10002

Already have an account?

Sign in to apply with your saved resumes.

New to CareerBuilder?

Don't have an account? Continue as a guest!

Sorry, we cannot save or unsave this job right now.

Report this Job

Trust and Site Security Team.

Email Send Failed!

Loan Administrator

Classic Westchester • New York, NY

Posted 21 days ago

Job Snapshot

Full-Time
Based on experience
Accounting - Finance, Other Great Industries
Accounting, Admin - Clerical, Finance
10

Applicants

How Do You Compare to the Competition?

Get facts about other applicants with a CareerBuilder Account

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.

 

Responsibilities:

  • 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.

 

Qualifications:

  • 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




Please visit our website at www.classicwestchester.com

 

Follow us on twitter:  http://twitter.com/ClassicJobs

 

 


Job ID: CS
Help us improve CareerBuilder by providing feedback about this job: Report this Job.
CAREERBUILDER TIP
For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.
By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.