Financial Operations Specialist
4 weeks ago
Location: Plano, TX 75024 and Charlotte, NC 28255
Duration: 12 Months
This role will be on site M-F in the beginning.
Responsibilities:
• Customer service representative responsible for a dedicated portfolio of asset based loan facilities.
• Process, analyze and evaluate daily client activity, monitor the receipt of client reports, review the content for irregularities and/or discrepancies and follow up with the client and Loan Officer.
• Reconcile client Accounts Receivable aging, perform ineligible calculations for Accounts Receivable and Inventory collateral accurately, timely and in compliance with Loan Servicing Standards.
• Process loan and collateral transactions
• Monitor Tranche (fixed rate) loans***
• Reconcile Letter of Credit Information with detail.
• Reconcile interest and fees with maturity and due dates.
• Prepare/verify Participation principal, interest and fee settlements.
• Review loan documentation
• Perform assigned functions/tasks within the team
Desired
• Asset Based Lending experience
• Commercial credit fulfillment, servicing, operations or lending experience
• Four (4) year College Degree (college level accounting courses) or 3 to 4 years related experience, or equivalent.
#INDSTRG
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