Loan Processing Admin - Top Bank


Division

Financial Services

Location

New York, New York

Employment Type

Temporary



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A Leading Bank is currently looking for a Loan Processing Administrator to start immediately! This role will operate on a hybrid schedule.


Compensation : $35 - $45
Job ID : 30126

Job Function:

  • Processing loan openings, closings, rollovers and time deposits as well as discounts, acceptances and Trade Bills, including Supply Chain receivables purchased via various trading platforms.
  • Maintain adherence to AML/OFAC controls including monitoring for red flags.
  • Tracking and controlling the receipt and payment of principal and interest.
  • Tracking facilities in which the bank acts as the agent bank.
  • Maintaining record of the receipt and payment of loan fees including commitment fees, agent fees, and facility fees.
  • Reconcile receivable settlements including buffer accounts where appropriate.
  • Reconcile promissory notes on a quarterly basis.


Job Requirements:

  • 3+ years of Loan processing experience
  • Loan IQ experience   required
  • Knowledge of loan products including receivables, syndicated facilities, bilateral loans, and fee structures

 

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

 

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