Pay $29-39/hr depending on experience
Key Responsibilities:
- Ensure accurate and timely administration of the Bank's loan portfolio, adhering to state and federal regulations and Bank policies.
- Assist in new Agency deal closings as Administrative Agent or direct lender, managing funds flow, fee allocation, and lender notifications.
- Handle various products, including ABL, equity fund finance, and residential mortgages.
- Coordinate transactions between customers, Agent Banks, Participant banks, and internal teams, managing administrative aspects of new deal closings.
- Calculate, invoice, and disburse fees, monitor borrowing status, and manage ongoing loan maintenance (interest payments, rollovers, repayments).
- Provide consultative support on operational deal structures and ensure loan documentation matches credit approval.
- Troubleshoot deal management issues, reconcile transactions, and maintain data integrity.
- Comply with Bank regulations, complete compliance training, and report potentially prohibited transactions (OFAC related).
Your Skills & Experience:
- 5+ of loan product experience as Administrative Agent
- Experience with loan operating systems: ACBS, LoanIQ
- Experience with specialized lending products (e.g. Asset Securitization, Leasing, Collateralized Loan Obligations, Project Finance, Loan Trading, and or Credit Derivatives, as necessary)
- Proficient in management of lending products
- Knowledge of payment (FED, CHIPS, SWIFT)
