Senior Financial Analyst
4 weeks ago
About the Role
The Operations Senior Analyst - Loan Closer will work out of our Bethesda office and be responsible for handling set-up responsibilities, initial funding day activities, and process loan modifications in Loan IQ or other commercial lending system. The individual must have a strong understanding of all Know Your Customer (KYC), Anti-Money Laundering (AML), and Flood Insurance requirements for closing new deals and loan modifications.
Key Responsibilities
- Perform the detailed review of the Legal Agreement and Underwriting Approval documents to obtain pricing/handling requirements, loan structures, and pertinent information to perform Deal Set-up activities ensuring the accurate recognition of borrower balances, client income, and servicing requirements.
- Process all loan modifications, including complex restructures.
- Process all loan assignments as part of loan syndication or movement within co-lender funds.
- Complete new deal set-up activities, including review, finalize, and validate set-up requirements prior to a scheduled funding to ensure closing day activities are handled smoothly according to identified processing deadlines.
- Perform Operational set-up activities according to identified new deal timeframes, the business need, and divisional operating procedure.
- Perform all KYC, AML, and Flood Insurance work required to close deals in accordance with Ally CF policies and procedure.
- Complete handling requirements review and sign-off sessions with the assigned Operations Servicing team members to ensure go-forward accurate handling of new accounts, pricing/handling changes, and account restructuring activities.
Requirements
- 3+ years of operational Loan Closing work experience performing set-up related activities for agented/non-agented relationships required.
- BA or BS preferred, in Accounting or Finance.
- Excellent communication (verbal and written), interpersonal, and organizational skills.
- Analytical, detail-oriented with problem-solving capability.
- High level of accountability and the ability to effectively prioritize tasks.
- Very motivated, self-starter.
- Computer literate, including: Word, Excel.
- Experience with the Loan IQ system or comparable Loan syndication software preferred.
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