Loan Operations Associate
14 hours ago
About the job Loan Operations Associate
Salary: $ 80, 000.00
We have partnered with a financial company in the New York, NY area to provide them with a Loan Operations Associate. Please review the below description and let us know if you are interested.
Prioritized must haves for the Loan Operations Associate:
#1. Bachelors degree or its equivalent with 2+ years of related experience
#2. 2+ years of experience in loan operations in a bank. Experience with bilateral loans using Loan IQ is required. Syndicated loans experience is highly desirable.
#3. Proficient in Microsoft Outlook Email and Calendar, Word, Excel, Access, Teams, and SharePoint.
Responsibilities of a Loan Operations Associate:
Follows established guidelines for day-to-day, routine operational and administrative work. May be required to use some independent thought to handle complex issues. Focus on execution within defined parameters, some expansion based on developing capabilities or experiences in conjunction with experienced staff. May have informal supervisory functions assigned.
- Captures credit related transactions and payments in ATLAS. Maintains operational ledgers and files of various forms in accordance with the Banks policy.
- Handles domestic loan administrative work (funding arrangement, preparing Information Sheets, processing payment, etc.) based on the instructions received from agent banks and/or Lending front office on routine matters. Verifies that these instructions are in compliance with the terms set by the binding agreement.
- Processes assigned non-routine loan activities such as purchases, refinancing, amendment, termination and sale. Establishes new customers and facilities in Loantel/Nicotel, ATLAS, and Loan Management Systems, as necessary.
- Monitors and applies incoming fees and interest payments. Investigates cash discrepancies associated with the responsible accounts. Claims compensation when necessary and follows up on reconcilement file.
- Ensures that all cash movements are properly recorded on Cash Position Sheet and reported to Funds Transfer and other relevant departments according to the procedure. Conducts daily Nostro reconcilement.
- Prepares various Information Sheets, tickets and confirmation forms for JCF transactions based on written instructions once deal is established.
- Handles back-office operations for bonds acquired by Lending Group. This includes: capturing new bond products in Loantel and ATLAS systems, processing purchase, sale, redemption and coupon payments as well as timely funding of floating bonds.
- Prepares various reports as requested by the supervisors.
- Reports irregularities to the Supervisor(s) and/or Department Manager on a timely basis.
- Participate in the Loan IQ Project when the Bank implements Loan IQ by revisiting processes and workflows, creating and testing scenarios, providing training, updating manuals, etc.
- Performs other duties and responsibilities as assigned by management.
- Bachelors degree or its equivalent with 2+ years of related experience
- 2+ years of experience in loan operations in a bank. Experience with bilateral loans using Loan IQ is required. Syndicated loans experience is highly desirable.
- Basic accounting knowledge and good mathematical aptitude.
- Proficient in Microsoft Outlook Email and Calendar, Word, Excel, Access, Teams, and SharePoint.
- Good communication skills.
- Good time management, including punctuality and attendance.
- In office role.
- No sponsorships or visa holders. No Corp-to-Corp.
- Medical Insurance
- Dental Insurance
- Retirement Plans
About the Company:
Cyfle is a global business dedicated to connecting talents worldwide. Our comprehensive RPO services, placement services, and training services help businesses unlock their full potential.
-
Loan Operations Associate
2 weeks ago
New York, New York, United States Sumitomo Mitsui Trust Bank Full timeJob SummaryWe are seeking a highly organized and detail-oriented Loan Operations Associate to join our team at Sumitomo Mitsui Trust Bank. The successful candidate will be responsible for capturing credit-related transactions and payments, maintaining operational ledgers and files, and performing various administrative duties.Key ResponsibilitiesCapture...
-
Loan Operations Associate
2 weeks ago
New York, New York, United States 6301 DB USA Core Corporation Full timeJob SummaryWe are seeking a highly skilled Loan Operations Associate to join our team at 6301 DB USA Core Corporation. As a Loan Operations Associate, you will play a critical role in supporting the ongoing lifecycle management of loans, working closely with various business units to ensure accuracy and communication needs are met.Key ResponsibilitiesReview...
-
Loan Operations Associate
6 days ago
New York, United States Northbound Executive Search Full timeJob DescriptionJob DescriptionOur client, a prestigious investment firm, is seeking an Loan Operations Associate to join their team in their New York City office. Ideally seeking individuals that can work in Manhattan 4 days/week with the option to work remotely on Fridays.Responsibilities:Processing all loan portfolio activity.Reconciliation of cash and...
-
Loan Operations Associate
1 month ago
New York, United States SUMITOMO MITSUI TRUST BANK, LIMITED Full timeJob DescriptionJob DescriptionAbout the BankSumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 Billion...
-
Loan Operations Specialist
4 weeks ago
New York, New York, United States SUMITOMO MITSUI TRUST BANK, LIMITED Full timeJob Title: Loan Operations AssociateJoin our team at SUMITOMO MITSUI TRUST BANK, LIMITED as a Loan Operations Associate, where you will play a crucial role in ensuring the smooth operation of our loan processing activities.Job SummaryWe are seeking a highly organized and detail-oriented individual to join our Loan Operations team. As a Loan Operations...
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States Cyfle Full timeAbout the JobCyfle is seeking a highly skilled Loan Operations Associate to join our team. As a Loan Operations Associate, you will be responsible for capturing credit-related transactions and payments in ATLAS, maintaining operational ledgers and files, and handling domestic loan administrative work.Key ResponsibilitiesFollow established guidelines for...
-
Loan Operations Senior Associate
2 weeks ago
New York, New York, United States Phaxis Full timeThis leading financial institution seeks a highly skilled Loan Operations professional to join their team in Manhattan.Key Responsibilities:Oversee the monitoring and prioritization of work volume, ensuring timely and accurate processing of loan operations. Collaborate with subordinates to distribute work, maintain data integrity, and establish audit trails....
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States 6301 DB USA Core Corporation Full timeJob Title: Loan Operations AssociateCorporate Title: AssociateLocation: New York, NYOverview:As a Loan Operations Associate, you will work closely with your team and various business units to support the ongoing lifecycle management of loans. You will review documents, build transactions, and ensure accuracy and communication needs are met throughout the...
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States TalentBridge Full timeJob SummaryWe are seeking a detail-oriented Global Markets Loan Operations Analyst to support trade closing and settlement within our global markets loan operations. This role involves coordinating documentation for bank loan trades and collaborating with traders, sales teams, legal counsel, and administrative agent banks to ensure accurate settlements.Key...
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States Sumitomo Mitsui Trust Bank Full timeAbout the RoleWe are seeking a highly skilled Loan Operations Associate to join our team at Sumitomo Mitsui Trust Bank. As a key member of our Loan Operations Department, you will be responsible for performing operational and administrative duties for booking and maintaining a wide range of credit-based products.Key ResponsibilitiesCapture credit-related...
-
Loan Operations Specialist
4 weeks ago
New York, New York, United States SUMITOMO MITSUI TRUST BANK, LIMITED Full timeJob Title: Loan Operations AssociateAbout the Role:The Loan Operations Associate will be responsible for performing operational and administrative duties for booking and maintaining a wide range of credit-based products. This includes capturing credit-related transactions and payments, maintaining operational ledgers and files, and verifying instructions...
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States TalentBridge Full timeJob Summary:We are seeking a detail-oriented professional to support trade closing and settlement within our global markets loan operations. This role involves coordinating documentation for bank loan trades and collaborating with traders, sales teams, legal counsel, and administrative agent banks to ensure accurate settlements.This position requires strong...
-
Loan Servicing Associate
2 weeks ago
New York, New York, United States CERBERUS CAPITAL MANAGEMENT, L.P. Full timeCerberus Capital Management, L.P. is seeking a highly skilled Loan Servicing Associate to join our team in the loan servicing department. This role is responsible for servicing broadly syndicated loans, communicating with borrowers and lenders, and processing life-cycle activities of loans and related securities.Key Responsibilities:Service loans with...
-
Loan Operations Specialist
7 days ago
New York, New York, United States ASK Consulting Full timeJob Title: Loan Operations SpecialistLocation: Hybrid: 3 days in office, 2 work from homeDuration: 12-Month ContractPay Range is $22 to $24/hr. on W2Job Description:Top Skills:Strong leadership potentialCommunication skillsAttention to detailSummary:Global Wealth Management Operations provides brokerage, investment, and financial services to hundreds of...
-
Loan Associate
2 weeks ago
New York, New York, United States Vertisystem Full timeJob Title: Associate | Level 1Location: Hybrid Role in New York, NY- 10004Duration: 12+ Months Contract with Possible ExtensionPay Rate: $24/HR on W2Hybrid: 3 days in office, 2 work from homeKey Responsibilities: Review client collateral to provide loan recommendations to MS Bank Data entry of client information into various loan systems Client Documentation...
-
Loan Operations Analyst
2 weeks ago
New York, United States Top International Banking Institution Full timeLoan Administration/Operations Opening Top International Corporate and Trust Bank - Midtown, NYCLoan Administration/Operations Analyst FTE Compensation Package: $65K (non-exempt OT eligible) + Bonus + Benefits Apply: Qualified candidates, please email resume to emolina@networkesc.com for consideration#LoanOps #LoanIQ #CreditAdministration #SyndicatedLoan...
-
Loan Operations Analyst
3 weeks ago
New York, United States Top International Banking Institution Full timeLoan Administration/Operations Opening Top International Corporate and Trust Bank - Midtown, NYCLoan Administration/Operations Analyst FTE Compensation Package: $65K (non-exempt OT eligible) + Bonus + Benefits Apply: Qualified candidates, please email resume to emolina@networkesc.com for consideration#LoanOps #LoanIQ #CreditAdministration #SyndicatedLoan...
-
Middle Office Loans Associate
1 month ago
New York, New York, United States Phaxis Full timeJob Title: Middle Office Loans AssociatePhaxis is seeking a highly skilled Middle Office Loans Associate to join our team. As a key member of our global financial services group, you will play a critical role in coordinating primary closing Loan transactions from start to end across various Business Groups.Key Responsibilities:Coordinate primary closing Loan...
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States Top International Banking Institution Full timeJob Title: Loan Operations Analyst Job Summary: We are seeking a highly skilled Loan Operations Analyst to join our team at Top International Banking Institution. As a Loan Operations Analyst, you will be responsible for capturing credit-related transactions and payments, maintaining operational ledgers and files, and handling domestic loan administrative...
-
Loan Operations Specialist
2 weeks ago
New York, New York, United States Network ESC Full timeJob Title: Loan Operations AnalystNetwork ESC is seeking a highly skilled Loan Operations Analyst to join our team in Manhattan. As a key member of our Loan Operations team, you will be responsible for ensuring the smooth execution of loan transactions and maintaining accurate records.Key Responsibilities:Capture and process credit-related transactions and...