Loan Operations Specialist

3 weeks ago


New York, New York, United States SUMITOMO MITSUI TRUST BANK, LIMITED Full time

Company Overview

SUMITOMO MITSUI TRUST BANK, LIMITED is a leading financial institution with a global presence. With a history of innovation and commitment to excellence, we strive to provide top-notch services to our clients.

Job Summary

We are seeking an experienced Loan Operations Specialist to join our team in New York. The successful candidate will be responsible for performing day-to-day loan operations tasks, including capturing credit-related transactions, maintaining ledgers, and processing payments.

About the Role

This role is located in New York City and requires a hybrid work schedule with at least 2 days in office per week. As a Loan Operations Specialist, you will work closely with our Global Banking Unit and Loan Operations Department to ensure smooth transaction processing and maintain accurate records.

Key Responsibilities

  • Capture credit-related transactions and payments in ATLAS and Loan Management systems.
  • Maintain operational ledgers and files in accordance with bank policies.
  • Process loan administrative work, including funding arrangements, information sheets, and payment processing.
  • Monitor and apply incoming fees and interest payments, investigate cash discrepancies, and claim compensation when necessary.
  • Ensure accurate recording of cash movements on Cash Position Sheet and report to relevant departments.
  • Prepare various reports as requested by supervisors.

Requirements

  • Bachelor's degree or equivalent with 2+ years of related experience.
  • 2+ years of experience in loan operations, preferably in a banking environment.
  • Basic accounting knowledge and good mathematical aptitude.
  • Proficient in Microsoft Office, including Outlook, Word, Excel, Access, Teams, and SharePoint.
  • Excellent communication and time management skills.

Benefits

  • Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
  • Ongoing training and development opportunities.

Why Join Us

SUMITOMO MITSUI TRUST BANK, LIMITED offers a dynamic work environment, competitive salary range of $60,000 - $80,000 per annum, and excellent benefits package. If you are a motivated and detail-oriented individual looking for a challenging role in loan operations, please submit your application.



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