Loan Agency Specialist
3 weeks ago
Job Description
The Loan Agency Specialist position requires an individual to be responsible for the processing of domestic and foreign (including foreign currency) wires for the Global Capital Markets (“GCM”) team. The position requires the Loan Agency Specialist to coordinate with the relationship managers, administrators, loan agency specialists, wire services and other areas of WSFS. In addition, the Loan Agency Specialist is responsible for the daily reconciliation of the GCM DDA. Additional duties may include set-ups of new transactions and the maintenance of transactions on the bond and loan recordkeeping systems. The Loan Agency Specialist will ensure compliance with all Bank and Institutional Trust policies and procedures.
This is a full-time, 40 hour per week, Mon. - Fri., 8 am - 5 pm position located at our Institutional Trust Services office in North Wilmington, DE.
Job Responsibilities:
- Daily processing of assignment and assumption agreements for a book of loan agency accounts.
- Review and execution of assignments.
- Follow all Bank and Department policies and procedures.
- Timely responses to internal and external inquiries.
- Maintain client and vendor relationships.
- Onboarding of new transactions.
- Working knowledge of accounts and governing documents.
- Liaison with vendors, relationship managers, borrowers, lenders, admin agency team and counsel.
Minimum Qualifications:
- Must have a Bachelors Degree.
- Must have 1+ year(s) of relevant experience.
- Must have strong analytical skills with the ability to organize workflow and high attention to detail.
- Must have the ability to work independently with a minimum of supervision and exercise sound judgment.
- Must have strong written and oral communication skills.
- Proficient with MS Suite, Excel and Word.
- Ability to effectively present information and respond to questions from managers, investors, and others clearly and concisely.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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