Loan Processor - Advanced


Posted Under: , jobs in Manufacturing; Manufacturing jobs
Posted On: 2017-04-21 10:00:00

Manages a group of 14 Account Managers that service a wide variety of syndicated or participated loans on the Loan IQ system. Day to day: Will have 2-3 weeks of training. This candidate will start off with assisting their account managers with tasks to gradually working in a small portfolio of deals as well as doing advance payments, communicating with customers, sending out bills, etc. JOB DESCRIPTION: - Processing syndicated loan transactions as per the Client's request. - Ensuring all funding's are accurately timely wired to meet all deadlines. - Interfacing with the Closing Unit and Market for all closings and on-boarding of customers into the standardized operating model. - Interfacing and communicating with syndicate group/lenders and LC Unit for all scheduled and daily transactions as well as customer invoicing. - Reviewing and interpreting Credit Agreements for system setup and governance. - Action all critical reports and timely completion within stated Service Level Agreements. - Minimizing credit and business risk through awareness of procedure, compliance, and bank policy. - Working in a high volume, fast paced, end to end account management environment - Strong inter-team communication skills. - Demonstrating accurate and timely completion of customer service and research items per the Service Level Agreement. - Strong reconciliation skills (Maintaining system files, collection and application of funds, reconciling differences, assisting with past due and nostro exception items). - can train them on - there is a special way we do it - Participating in projects and working groups as required. About Aerotek: Our people are everything. As a Best of Staffing? Client and Talent leader, Aerotek? Inc. has distinguished itself as a leader in recruiting and staffing services, by having a deep understanding of the intersection of talent and business. As a strategic partner to more than 17,000 clients and 300,000 contract employees every year, Aerotek's people-focused approach yields competitive advantages for its clients and rewarding careers for its contract employees. Headquartered in Hanover, Md., Aerotek operates a network of over 230 non-franchised offices with more than 6,000 internal employees dedicated to serving our customers. Aerotek is an operating company of Allegis Group, a global talent solutions provider. To learn more, visit Aerotek is acting as an Employment Agency in relation to this vacancy.