Loan Operations Coordinator

1 day ago

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

We are seeking an experienced Loan Operations Associate to join our team in New York. This is a non-officer level position that will be responsible for performing operational and administrative duties for booking and maintaining credit-based products.

As a Loan Operations Associate, you will be working closely with our Global Banking Unit to ensure seamless execution of loan transactions. Your primary responsibilities will include capturing credit-related transactions, maintaining operational ledgers, and verifying instructions from agent banks and/or lending front office.

Key Responsibilities
  • Capture credit related transactions and payments in ATLAS, maintain operational ledgers and files of various forms in accordance with Bank's policy.
  • Handle domestic loan administrative work based on instructions received from agent banks and/or Lending front office on routine matters.
  • Process assigned non-routine loan activities such as purchases, refinancing, amendment, termination, and sale.
  • Monitor and apply incoming fees and interest payments, investigate cash discrepancies associated with responsible accounts.
  • Ensure all cash movements are properly recorded on Cash Position Sheet and reported to Funds Transfer and other relevant departments according to procedure.
Requirements

To be successful in this role, you will need:

  • High school diploma.
  • 2+ years of experience in loan operations in a bank, with bilateral loans and syndicated loans experience required.
  • Bachelor's degree in a related field is preferred.
  • Basic accounting knowledge and good mathematical aptitude.
  • Proficiency with PC in business-related applications, at least for Microsoft Outlook Email and Calendar, Word, and Excel.
  • Good communication skills.
  • Good time management, including punctuality and attendance.
Why Work with Us?

We offer a comprehensive employee benefits package, including 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.

We believe in flexible working arrangements, providing employees with a hybrid working model that allows for in-office work and work from home. Our diverse and inclusive environment enables us to collaborate and communicate effectively to meet our business needs.

We are committed to making sustainable business decisions to improve our society and the world. We recognize that each person brings unique value to the business through their creativity and passion.

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