Senior Financial Analyst

4 weeks ago


Annapolis, Maryland, United States Ally Full time

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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