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Accounting & Finance Professional

2 months ago

Newark, Delaware, United States ATR International Full time
Job Summary

We are seeking a highly skilled and detail-oriented Accounting & Finance professional to join our team at ATR International. As a Loan Operations Specialist, you will be responsible for initiating loan activity, calculating interest and fee accruals, and reconciling daily funding and payment activity.

Key Responsibilities
  • Initiate loan activity, including fundings, repricings, and payments, in accordance with credit agreements.
  • Calculate and track complex interest and fee accruals at various rate levels across changing lender distributions.
  • Reconcile daily funding and payment activity to account for all daily cash transactions.
  • Read and interpret complex legal credit agreements and related documentation, working with attorneys when applicable.
  • Initiate and reconcile automated funds movement in accordance with client/lender instructions.
  • Monitor and escalate past due principal, interest, and fees to ensure accuracy and provide timely and accurate invoices.
  • Maintain margin changes and communicate effectively with the bank group.
  • Provide information as requested by clients, business partners, middle office, or lenders.
  • Monitor control reports and update applicable comments.
  • Assist with administrative tasks associated with credit agreements.
  • Perform quality control on new deals, restructures, and amendments by thoroughly understanding credit agreements and verifying system setup accuracy.
Requirements
  • Undergraduate degree preferred, but related job and industry experience can be accepted as a substitute (3+ years).
  • Solid working knowledge of Microsoft Office applications (Excel, Word, and PowerPoint).
  • Experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ.
  • Ability to manage concurrent assignments in an effective, efficient, and organized manner.
  • Ability to work independently within a team environment.
  • Excellent oral and written communications skills and strong interpersonal/client servicing skills.
  • Strong analytical, problem-solving, and judgment skills.
  • Flexible working schedule with some overtime required.