Loan Operations Specialist

2 days ago


New York, New York, United States Network ESC Full time
Job Title: Loan Operations Analyst

Network 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 payments in our ATLAS system, maintaining operational ledgers and files in accordance with our bank's policy.
  • Handle domestic loan administrative work, including preparing information sheets, processing payments, and verifying instructions from agent banks and/or lending front office.
  • Process non-routine loan activities, such as purchases, refinancing, amendments, terminations, and sales, establishing new customers and facilities in our Loantel/Nicotel, ATLAS, and Loan Management Systems as needed.
  • Monitor and apply incoming fees and interest payments, investigating cash discrepancies and claiming compensation when necessary.
  • Ensure accurate recording of cash movements on our Cash Position Sheet and report to relevant departments according to procedure.
  • Prepare various information sheets, tickets, and confirmation forms for JCF transactions based on written instructions.
  • Handle back-office operations for bonds acquired by our Lending Group, including capturing new bond products, processing purchase, sale, redemption, and coupon payments, and timely funding of floating bonds.
  • Prepare reports as requested by supervisors and report irregularities in a timely manner.
Requirements:
  • High school diploma required.
  • 2+ years of experience in loan operations in a bank, with bilateral loans and syndicated loans experience required, and agency deal experience highly desirable.
  • Basic accounting knowledge and good mathematical aptitude.
  • Proficiency with PC in business-related applications, including Microsoft Outlook Email and Calendar, Word, and Excel.
  • Good communication skills and time management, including punctuality and attendance.


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