Loan Servicing Associate
1 week ago
Cerberus 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 multiple lenders, including communicating with borrowers and deal professionals
- Process all life-cycle activities of loans and related securities, including booking new transactions, principal payments, and interest rollovers
- Read and understand credit agreements and ancillary legal documentation
- Work with multiple fund administrators to reconcile positions, P&L, and cash breaks
- Perform daily book vs broker cash reconciliation in the Intellimatch system
- Work with borrowers and deal professionals for daily Revolver activity
- Input wires for loan settlement onto Kyriba treasury system in a timely manner
- Compute IRR calculations
- 1-5 years' experience in Loan Operations and/or Accounting using Wall Street Office
- Familiarity with WSO Administrator/Agent, VPM, and SAP-Business Objects is a plus
- Excellent communication skills, both verbal and written, and strong problem-solving skills
- Attention to detail, organized, and strong Excel skills, including vlookups, if statements, and pivots
- Ability to operate in a fast-paced environment and be open-minded to improving processes
- Strong background and work experience in middle market lending environment
- Understanding of pro-rata, weighted average cost of paydowns
- Understanding of P&L, Economic Benefit, Delayed Comp Fees, Par vs. Distressed Loans, and PIK loans
- Understanding of loan accounting in accordance with GAAP
The base salary for this position is expected to be between $90,000.00 and $100,000.00, with an annual discretionary bonus and a robust benefits package.
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Loan Servicing Specialist
1 month ago
New York, New York, United States Cerberus Full timeJob SummaryCerberus is seeking a highly skilled Loan Servicing Associate to join our team. As a Loan Servicing Associate, you will be responsible for servicing broadly syndicated loans, communicating with borrowers, lenders, and deal professionals, and processing all life-cycle activity of loans and related securities.ResponsibilitiesService loans with...
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Loan Servicing Specialist
2 weeks ago
New York, New York, United States CERBERUS CAPITAL MANAGEMENT, L.P. Full timeJob Title: Loan Servicing AssociateCerberus Capital Management, L.P. is seeking a highly skilled Loan Servicing Associate to join our team in the loan servicing department within the broader operations group.Job Summary:This role is responsible for servicing broadly syndicated loans, communicating with borrowers, participating lenders, and deal...
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Loan Servicing Specialist
3 weeks ago
New York, New York, United States Cerberus Full timeJob SummaryWe are seeking a highly skilled Loan Servicing Associate to join our team at Cerberus. As a key member of our loan operations team, you will be responsible for delivering exceptional service to our clients and stakeholders.ResponsibilitiesService a diverse portfolio of loans, including syndicated loans with multiple lenders.Communicate effectively...
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Loan Servicing Specialist
4 weeks ago
New York, New York, United States Municipal Credit Union Full timeJob Title: Loan Servicing Generalist IAbout the Role:The Loan Servicing Generalist I is a critical member of our team, responsible for maintaining real estate loan accounts, ensuring accuracy, and providing exceptional customer service. This role involves a range of tasks, from onboarding new loans to processing payments, and requires strong organizational...
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Loan Associate
1 week 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...
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Loan Servicing Specialist
1 week ago
New York, New York, United States Municipal Credit Union Full timeJob DescriptionAbout Municipal Credit Union:We are a financial institution dedicated to providing affordable financial products and convenient services to our members. Our mission is to connect our members and communities with an exceptional financial future.Overview:The Loan Servicing Generalist I position is responsible for handling all post-closing issues...
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Loan Operations Associate
1 week 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...
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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...
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Loan Servicing Specialist
1 week ago
New York, New York, United States Municipal Credit Union Full timeJob SummaryMunicipal Credit Union is seeking a highly skilled Loan Servicing Generalist I to join our team. As a Loan Servicing Generalist I, you will be responsible for maintaining real estate loan accounts, including onboarding, account updates, and payment processing. This is a critical role that requires attention to detail, excellent communication...
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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...
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Commercial Loan Servicing Specialist
1 week ago
New York, New York, United States Webster Bank Full timeJob SummaryWe are seeking a highly skilled Commercial Loan Servicing Specialist to join our team at Webster Bank. As a key member of our commercial loan operations team, you will be responsible for servicing the most complex commercial loans, working closely with internal and external clients, attorneys, and credit partners.Key Responsibilities:Read and...
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Senior Program Associate of Loan Closing
1 month ago
New York, New York, United States Center for NYC Neighborhoods Full timeJob Title: Senior Program Associate of Loan ClosingAt the Center for NYC Neighborhoods, we are seeking a highly skilled and experienced Senior Program Associate of Loan Closing to join our team. This role will play a critical part in processing grant and loan closings, ensuring compliance with regulatory requirements, and maintaining accurate records.Key...
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Middle Office Loans Associate
4 weeks ago
New York, New York, United States Phaxis Full timeJob Title: Middle Office Loans AssociatePhaxis is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking),...
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Middle Office Loans Associate
2 months ago
New York, New York, United States Phaxis Full timeJob Summary:Phaxis is seeking a highly skilled and experienced professional to join our team as a Loans Middle Office Associate. This role will be responsible for coordinating primary closing Loan transactions from start to end across various Business Groups.Key Responsibilities:Coordinate primary closing Loan transactions from start to end across various...
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Middle Office Loans Associate
3 days ago
New York, New York, United States Phaxis Full timeJob Title: Middle Office Loans AssociateCompany: PhaxisDepartment: Global MarketsJob Type: Full-timeLocation: RemoteAbout Us: Phaxis is a global financial services group with an integrated network spanning over 30 countries and regions.Job Description:The successful candidate will work on a Loans Middle Office team, coordinating primary closing Loan...
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Loan Servicing Specialist
4 days ago
New York, New York, United States Amalgamated Bank of NY Full timeAmalgamated Bank is seeking a highly skilled professional to manage the end-to-end loan servicing process for Commercial, Industrial, Commercial Real Estate, and Small Business loans.The ideal candidate will ensure compliance with Bank's policies and procedures, as well as Loan Servicing requirements.Key responsibilities include verifying accuracy of...
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Loan Servicing Manager
2 weeks ago
New York, New York, United States Amalgamated Bank of NY Full timeAmalgamated Bank is seeking a highly skilled professional to manage the end-to-end loan servicing process for Commercial, Industrial, Commercial Real Estate, and Small Business loans. The ideal candidate will ensure compliance with Bank policies and procedures, as well as Loan Servicing requirements.The successful candidate will be responsible for verifying...
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Loan Servicing Specialist
1 week ago
New York, New York, United States Amalgamated Bank of NY Full timeJob DescriptionAmalgamated Bank seeks a highly motivated professional to manage the end-to-end loan servicing process of Commercial, Industrial, Commercial Real Estate and Small Business loans, while ensuring compliance with Bank's policies and procedures and Loan Servicing requirements.The ideal candidate will have a strong understanding of accounting...
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Loan Closer Associate
4 days ago
New York, New York, United States Jefferies Full timeJob SummaryAs a Loan Closer Associate at Jefferies, you will be responsible for managing the day-to-day activities of CLO warehouses, communicating trade flow between fund managers and TRS providers, and resolving discrepancies. You will also be responsible for entering and closing CLO warehouse trades in LIQ to track positions, interpreting warehouse legal...
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Loan Services Senior Specialist
3 weeks ago
New York, New York, United States Glens Falls National Bank & Trust Company Full timeJob Title: Loan Services Senior SpecialistWe are seeking a highly skilled and experienced Loan Services Senior Specialist to join our team at Glens Falls National Bank & Trust Company.About the Role:The Loan Services Senior Specialist will be responsible for providing training and development to team members, ensuring issues are identified and resolved, and...