Loan Portfolio Manager

1 month ago


Jersey City, New Jersey, United States BizTek People, Inc. | APA International Placement Consultants Full time
Job Title: Loan Administrator

The Loan Administrator is a critical role within our organization, responsible for ensuring the accurate and timely administration of our loan portfolio. This includes ensuring daily activities comply with state and federal laws, regulations, and lending policies and procedures.

Key Responsibilities:
  • Manage the administrative aspect of all new deal closings, including calculating, invoicing, and disbursing deal-related fees.
  • Coordinate the movement of funds related to initial funding and closing, working closely with borrowers and bank groups.
  • Report to management, supervisors, and account officers on transactions that require special handling or approval.
  • Independently manage administrative processes for complex loan deals as administrative agent or bilateral lender.
  • Provide consultative support to account officers on operational deal structure issues.
  • Review document and term sheet/CA booking request to ensure loan documentation is accurate and complete.
  • Calculate, invoice, and disburse ongoing interest and fee payments from a borrower and/or lender perspective.
  • Maintain and monitor fronting LC, invoice discounting, and risk participations.
  • Monitor and distribute financials when due.
  • Interact with treasury on rate settings for foreign currencies and USD loans.
  • Verify the integrity of transactions and ensure ongoing quality, integrity, and completion of all data.
Requirements:
  • Five years or more of loan product experience as administrative agent.
  • Experience with loan operating systems, including ACBS and LoanIQ.
  • Experience with specialized lending products, such as asset securitization, leasing, collateralized loan obligations, project finance, loan trading, and credit derivatives.
  • Experience with compliance in a lending area.
  • Experience with collateral evaluation procedures.
  • Proficient in management of lending products.
  • Thorough and accurate, with attention to detail.
  • Competent written and oral communication skills.
  • Organizational skills and ability to work well under pressure.
  • Ability to identify and solve problems.
  • Knowledge of payment systems, including FED, CHIPS, and SWIFT.
Preferred Qualifications:
  • Bachelor's degree preferred but not required.
  • Experience working in a major bank.


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